2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Canada-Namibia Trade: In 2022, Canada exported $11.3M to Namibia. The main products that Canada exported to Namibia were Gas Turbines ($2.68M), Other Construction Vehicles ($912k), and Stone Processing Machines ($796k). Over the past 5 years the exports of Canada to Namibia have increased at an annualized rate of 21.1%, from $4.35M in 2017 to $11.3M in 2022.

In 2022, Canada did not export any services to Namibia.

Namibia-Canada Trade: In 2022, Namibia exported $154M to Canada. The main products that Namibia exported to Canada were Radioactive Chemicals ($63.7M), Uranium and Thorium Ore ($53.3M), and Zinc Ore ($26.1M). Over the past 5 years the exports of Namibia to Canada have increased at an annualized rate of 9.5%,  from $97.6M in 2017 to $154M in 2022.

In 2022, Namibia did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $11.3M to Namibia. The main products exported from Canada to Namibia were Gas Turbines ($2.68M), Other Construction Vehicles ($912k), and Stone Processing Machines ($796k). During the last 5 years the exports of Canada to Namibia have increased at an annualized rate of 21.1%, from $4.35M in 2017 to $11.3M in 2022.

In 2017, Namibia exported $154M to Canada. The main products exported from Namibia to Canada were Radioactive Chemicals ($63.7M), Uranium and Thorium Ore ($53.3M), and Zinc Ore ($26.1M). During the last 5 years the exports of Namibia to Canada have increased at an annualized rate of 9.5%, from $97.6M in 2022 to $154M in 2017.

Exports from Canada (Flag) to Namibia (Flag) (2022)

Exports from Namibia (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Canada than Namibia included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Namibia than Canada included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

Difference in imports from Namibia (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Namibia

Flow
Scale

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

During 2022, Canada had a large net trade with Namibia in the exports of Machines ($7.66M), Transportation ($1.76M), and Instruments ($674k).

During 2017, Namibia had a large net trade with Canada in the exports of Mineral Products ($79.5M), Chemical Products ($66.8M), and Machines ($4.56M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Namibia+$761kPlanes, Helicopters, and/or Spacecraft
Top Product Potential Namibia Canada+$6.03MRadioactive Chemicals

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 Canada and Namibia. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Namibia (Flag) (2022)

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