2022
Exports
$266kWorld Rnk 89 / 159
Flag Rnk 287 / 1081
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$1.4MWorld Rnk 120 / 209
Flag Rnk 426 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $266k in Electric Furnaces, making it the 89th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 287th most exported product in Namibia. The main destination of Electric Furnaces exports from Namibia are: Zambia ($180k), Democratic Republic of the Congo ($85.1k), Angola ($625), South Africa ($215), and Gabon ($147).

The fastest growing export markets for Electric Furnaces of Namibia between 2021 and 2022 were Zambia ($155k), Democratic Republic of the Congo ($85.1k), and Gabon ($147).

Imports In 2022, Namibia imported $1.4M in Electric Furnaces, becoming the 120th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 426th most imported product in Namibia. Namibia imports Electric Furnaces primarily from: Bosnia and Herzegovina ($816k), China ($262k), South Africa ($205k), Italy ($20.6k), and Austria ($18.7k).

The fastest growing import markets in Electric Furnaces for Namibia between 2021 and 2022 were China ($202k), Italy ($20.6k), and United States ($13k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$266k
IMPORTS (2022)$1.4M
NET TRADE (2022)-$1.14M

In 2022, Namibia exported $266k in Electric Furnaces. The main destinations of Namibia exports on Electric Furnaces were Zambia ($180k), Democratic Republic of the Congo ($85.1k), Angola ($625), South Africa ($215), and Gabon ($147).

In 2022, Namibia imported $1.4M in Electric Furnaces, mainly from Bosnia and Herzegovina ($816k), China ($262k), South Africa ($205k), Italy ($20.6k), and Austria ($18.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Zambia$155k (632%)
Gabon$147 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Namibia WERE (2021 - 2022):
Angola-$23.9k (-97.5%)
South Africa-$2.86k (-93%)
Botswana-$326 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Namibia's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Africa+ $2.04k
TOP IMPORT POTENTIALChina+ $144k

Electric Furnaces’s highest export potential is South Africa. With an export gap of $2.04k.   Electric Furnaces’s highest import potential is China with an import gap of $144k.

See methodology.

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