2022
Exports
$39.1kWorld Rnk 119 / 156
Flag Rnk 536 / 1081
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$8.44MWorld Rnk 114 / 216
Flag Rnk 164 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $39.1k in Iron Wire, making it the 119th largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 536th most exported product in Namibia. The main destination of Iron Wire exports from Namibia are: Botswana ($14.8k), South Africa ($12.9k), Angola ($10.1k), Zambia ($984), and Spain ($317).

The fastest growing export markets for Iron Wire of Namibia between 2021 and 2022 were Botswana ($14.4k) and South Africa ($9.4k).

Imports In 2022, Namibia imported $8.44M in Iron Wire, becoming the 114th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 164th most imported product in Namibia. Namibia imports Iron Wire primarily from: South Africa ($5.49M), China ($2.94M), South Korea ($3.78k), Spain ($1.74k), and United Arab Emirates ($923).

The fastest growing import markets in Iron Wire for Namibia between 2021 and 2022 were China ($651k), South Korea ($2.91k), and Spain ($1.74k).

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 Wire. 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)$39.1k
IMPORTS (2022)$8.44M
NET TRADE (2022)-$8.4M

In 2022, Namibia exported $39.1k in Iron Wire. The main destinations of Namibia exports on Iron Wire were Botswana ($14.8k), South Africa ($12.9k), Angola ($10.1k), Zambia ($984), and Spain ($317).

In 2022, Namibia imported $8.44M in Iron Wire, mainly from South Africa ($5.49M), China ($2.94M), South Korea ($3.78k), Spain ($1.74k), and United Arab Emirates ($923).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Botswana$14.4k (4.03k%)
South Africa$9.4k (267%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Namibia WERE (2021 - 2022):
Angola-$6.96k (-40.9%)
Spain-$5.05k (-94.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Iron Wire were:
In 2022, Namibia's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $8.39k
TOP IMPORT POTENTIALChina+ $646k

Iron Wire’s highest export potential is South Africa. With an export gap of $8.39k.   Iron Wire’s highest import potential is China with an import gap of $646k.

See methodology.

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