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Pricing

2022
Exports $341MWorld Rnk 82 / 214
Flag Rnk 5 / 1081
falsefalseN/A
2021 - 2022
FASTEST GROWING MARKETfalseBotswana
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $1.22BWorld Rnk 102 / 225
Flag Rnk 1 / 1170
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Namibia-0.63Rnk 94 / 133

About

The fastest growing export markets for Refined Petroleum of Namibia between 2021 and 2022 were Botswana ($146M), Zambia ($14.4M), and Marshall Islands ($12.3M).

Imports In 2022, Namibia imported $1.22B in Refined Petroleum, becoming the 102nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Namibia. Namibia imports Refined Petroleum primarily from: India ($270M), United Arab Emirates ($246M), Saudi Arabia ($190M), Italy ($111M), and United States ($60M).

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 Refined Petroleum. 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)$341M
IMPORTS (2022)$1.22B
NET TRADE (2022)-$876M

In 2022, Namibia imported $1.22B in Refined Petroleum, mainly from India ($270M), United Arab Emirates ($246M), Saudi Arabia ($190M), Italy ($111M), and United States ($60M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Botswana$146M (146%)
Zambia$14.4M (109%)
Marshall Islands$12.3M (741%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Namibia WERE (2021 - 2022):
Liberia-$3.1M (-93.2%)
South Africa-$1.72M (-46.3%)
Republic of the Congo-$1.04M (-85.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Namibia's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $13.5M
TOP IMPORT POTENTIALIndia+ $41.1M

Refined Petroleum’s highest export potential is South Africa. With an export gap of $13.5M.   Refined Petroleum’s highest import potential is India with an import gap of $41.1M.

See methodology.

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