2023
Exports
$271MWorld Rnk 35 / 147
Flag Rnk 7 / 1070
2023
PRODUCT COMPLEXITY IN Refined Copper
-1.41Rnk 931 / 1025
2023
Imports
$519kWorld Rnk 95 / 184
Flag Rnk 585 / 1181
2023
ECONOMIC COMPLEXITY of Namibia
-0.74Rnk 98 / 132

About

Exports In 2023, Namibia exported $271M in Refined Copper, making it the 35th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 7th most exported product in Namibia. The main destination of Refined Copper exports from Namibia are: Belgium ($156M), Netherlands ($105M), Bulgaria ($4.69M), China ($2.57M), and Germany ($1.72M).

The fastest growing export markets for Refined Copper of Namibia between 2022 and 2023 were Belgium ($156M), Netherlands ($105M), and Germany ($1.72M).

Imports In 2023, Namibia imported $519k in Refined Copper, becoming the 95th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 585th most imported product in Namibia. Namibia imports Refined Copper primarily from: Angola ($384k), United Arab Emirates ($88.8k), Canada ($13.3k), South Africa ($8.84k), and Norway ($7.33k).

The fastest growing import markets in Refined Copper for Namibia between 2022 and 2023 were United Arab Emirates ($55.1k), Canada ($13.3k), and Norway ($7.33k).

Latest Trends

Dec 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 Refined Copper. 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 (2023)$271M
IMPORTS (2023)$519k
NET TRADE (2023)$270M

In 2023, Namibia exported $271M in Refined Copper. The main destinations of Namibia exports on Refined Copper were Belgium ($156M), Netherlands ($105M), Bulgaria ($4.69M), China ($2.57M), and Germany ($1.72M).

In 2023, Namibia imported $519k in Refined Copper, mainly from Angola ($384k), United Arab Emirates ($88.8k), Canada ($13.3k), South Africa ($8.84k), and Norway ($7.33k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Namibia WERE (2022 - 2023):
Belgium$156M (1%)
Netherlands$105M (1%)
Germany$1.72M (549k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Namibia WERE (2022 - 2023):
Singapore-$15M (-96.4%)
Spain-$12.2M (-100%)
China-$7.08M (-73.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Namibia's main exporting competitors in Refined Copper were:
In 2023, Namibia's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $14.7M
TOP IMPORT POTENTIALSouth Africa+ $49.8k

Refined Copper’s highest export potential is China. With an export gap of $14.7M.   Refined Copper’s highest import potential is South Africa with an import gap of $49.8k.

See methodology.

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