2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 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 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

Denmark-Namibia Trade: In 2023, Denmark exported $10.1M to Namibia. The main products that Denmark exported to Namibia were Refrigerators ($1.02M), Cheese ($806k), and Liquid Pumps ($801k). Over the past 5 years the exports of Denmark to Namibia have decreased at an annualized rate of 1.39%, from $10.8M in 2018 to $10.1M in 2023.

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

Namibia-Denmark Trade: In 2023, Namibia exported $3.24M to Denmark. The main products that Namibia exported to Denmark were Planes, Helicopters, and/or Spacecraft ($1.25M), Fish Fillets ($739k), and Grapes ($316k). Over the past 5 years the exports of Namibia to Denmark have decreased at an annualized rate of 4.97%,  from $4.18M in 2018 to $3.24M in 2023.

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

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). 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, Denmark exported $10.1M to Namibia. The main products exported from Denmark to Namibia were Refrigerators ($1.02M), Cheese ($806k), and Liquid Pumps ($801k). During the last 5 years the exports of Denmark to Namibia have decreased at an annualized rate of 1.39%, from $10.8M in 2018 to $10.1M in 2023.

In 2018, Namibia exported $3.24M to Denmark. The main products exported from Namibia to Denmark were Planes, Helicopters, and/or Spacecraft ($1.25M), Fish Fillets ($739k), and Grapes ($316k). During the last 5 years the exports of Namibia to Denmark have decreased at an annualized rate of 4.97%, from $4.18M in 2023 to $3.24M in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Namibia (Flag)

Denmark Exports

Namibia Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Namibia
Top Destination
South Africa$1.71B

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

In 2023, countries that imported more from Denmark than Namibia included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

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

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

Comparative Advantage Denmark - Namibia

Flow
Scale

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

During 2023, Denmark had a large net trade with Namibia in the exports of Machines ($4.9M), Animal Products ($2.04M), and Vegetable Products ($498k).

During 2018, Namibia had a large net trade with Denmark in the exports of Transportation ($1.25M), Animal Products ($820k), and Vegetable Products ($316k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Namibia+$754kRefined Petroleum
Top Product Potential Namibia Denmark+$677kFish Fillets

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

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

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