2022
Exports
$356kWorld Rnk 111 / 177
Flag Rnk 253 / 1081
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$13.4MWorld Rnk 120 / 219
Flag Rnk 106 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $356k in Iron Blocks, making it the 111th largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 253rd most exported product in Namibia. The main destination of Iron Blocks exports from Namibia are: Democratic Republic of the Congo ($195k), Angola ($87.8k), Denmark ($25.4k), Zambia ($21.6k), and Nigeria ($13k).

The fastest growing export markets for Iron Blocks of Namibia between 2021 and 2022 were Democratic Republic of the Congo ($195k), Angola ($85k), and Denmark ($25k).

Imports In 2022, Namibia imported $13.4M in Iron Blocks, becoming the 120th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 106th most imported product in Namibia. Namibia imports Iron Blocks primarily from: South Africa ($11.5M), China ($1.61M), Zambia ($107k), Spain ($47.2k), and Angola ($33k).

The fastest growing import markets in Iron Blocks for Namibia between 2021 and 2022 were China ($260k), Spain ($47.2k), and Angola ($33k).

COMPANIES In 2023, leading companies such as Hyosung (1) were at the forefront of shipping Iron Blocks from Namibia to the United States.

Latest Trends

Aug 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 Iron Blocks. 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)$356k
IMPORTS (2022)$13.4M
NET TRADE (2022)-$13M

In 2022, Namibia exported $356k in Iron Blocks. The main destinations of Namibia exports on Iron Blocks were Democratic Republic of the Congo ($195k), Angola ($87.8k), Denmark ($25.4k), Zambia ($21.6k), and Nigeria ($13k).

In 2022, Namibia imported $13.4M in Iron Blocks, mainly from South Africa ($11.5M), China ($1.61M), Zambia ($107k), Spain ($47.2k), and Angola ($33k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Angola$85k (3.04k%)
Denmark$25k (5.98k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Namibia WERE (2021 - 2022):
South Africa-$2.44k (-95.7%)
Pakistan-$399 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Namibia's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAngola+ $25.6k
TOP IMPORT POTENTIALChina+ $739k

Iron Blocks’s highest export potential is Angola. With an export gap of $25.6k.   Iron Blocks’s highest import potential is China with an import gap of $739k.

See methodology.

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