2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
GDP PC 
$56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

Austria-Namibia Trade: In 2023, Austria exported $18.1M to Namibia. The main products that Austria exported to Namibia were Electrical Transformers ($6.59M), Refractory Bricks ($2.03M), and Cars ($1.2M). Over the past 5 years the exports of Austria to Namibia have increased at an annualized rate of 27.1%, from $5.45M in 2018 to $18.1M in 2023.

In 2023, Austria did not export any services to Namibia.

Namibia-Austria Trade: In 2023, Namibia exported $5.84M to Austria. The main products that Namibia exported to Austria were Wood Charcoal ($1.12M), Grapes ($1.07M), and Fish Fillets ($960k). Over the past 5 years the exports of Namibia to Austria have decreased at an annualized rate of 14.1%,  from $12.5M in 2018 to $5.84M in 2023.

In 2023, Namibia did not export any services to Austria.

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $18.1M to Namibia. The main products exported from Austria to Namibia were Electrical Transformers ($6.59M), Refractory Bricks ($2.03M), and Cars ($1.2M). During the last 5 years the exports of Austria to Namibia have increased at an annualized rate of 27.1%, from $5.45M in 2018 to $18.1M in 2023.

In 2018, Namibia exported $5.84M to Austria. The main products exported from Namibia to Austria were Wood Charcoal ($1.12M), Grapes ($1.07M), and Fish Fillets ($960k). During the last 5 years the exports of Namibia to Austria have decreased at an annualized rate of 14.1%, from $12.5M in 2023 to $5.84M in 2018.

Exports from Austria (Flag) to Namibia (Flag) (2023)

Exports from Namibia (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Namibia (Flag)

Austria Exports

Namibia Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Namibia
Top Destination
South Africa$1.71B

This map shows whether countries import more from Austria or Namibia. Each country is colored based on the difference in imports they receive from Austria and Namibia or the difference in the growth in imports.

In 2023, countries that imported more from Austria than Namibia included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Namibia than Austria included South Africa ($1.71B), Botswana ($504M), and Zambia ($329M).

Difference in imports from Namibia (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Namibia

Flow
Scale

This chart compares trade between Austria and Namibia by product, considering products traded by both, Austria and Namibia.

During 2023, Austria had a large net trade with Namibia in the exports of Machines ($10.2M), Transportation ($2.29M), and Stone And Glass ($2.12M).

During 2018, Namibia had a large net trade with Austria in the exports of Animal Products ($1.26M), Wood Products ($1.12M), and Vegetable Products ($1.09M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Namibia+$471kFlavored Water
Top Product Potential Namibia Austria+$93kGrapes

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and Namibia. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Namibia (Flag) (2023)

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