2022
Exports
$19.5kWorld Rnk 81 / 114
Flag Rnk 630 / 1081
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.39Rnk 930 / 1025
2022
Imports
$41.5kWorld Rnk 109 / 172
Flag Rnk 905 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $19.5k in Iron Ingots, making it the 81st largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 630th most exported product in Namibia. The main destination of Iron Ingots exports from Namibia are: Democratic Republic of the Congo ($15.6k), Zambia ($2.48k), South Africa ($1.15k), and Panama ($214).

The fastest growing export markets for Iron Ingots of Namibia between 2021 and 2022 were Democratic Republic of the Congo ($15.6k), Zambia ($2.48k), and South Africa ($1.15k).

Imports In 2022, Namibia imported $41.5k in Iron Ingots, becoming the 109th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 905th most imported product in Namibia. Namibia imports Iron Ingots primarily from: South Africa ($24.1k) and China ($17.4k).

The fastest growing import markets in Iron Ingots for Namibia between 2021 and 2022 were South Africa ($16.3k) and China ($15.1k).

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 Iron Ingots. 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)$19.5k
IMPORTS (2022)$41.5k
NET TRADE (2022)-$22k

In 2022, Namibia exported $19.5k in Iron Ingots. The main destinations of Namibia exports on Iron Ingots were Democratic Republic of the Congo ($15.6k), Zambia ($2.48k), South Africa ($1.15k), and Panama ($214).

In 2022, Namibia imported $41.5k in Iron Ingots, mainly from South Africa ($24.1k) and China ($17.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Namibia WERE (2021 - 2022):Botswana-$2.1k (-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 Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Namibia's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $1.28k
TOP IMPORT POTENTIALChina+ $5.92k

Iron Ingots’s highest export potential is South Africa. With an export gap of $1.28k.   Iron Ingots’s highest import potential is China with an import gap of $5.92k.

See methodology.

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