2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 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 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

Estonia-Namibia Trade: In 2023, Estonia exported $8.19M to Namibia. The main products that Estonia exported to Namibia were Refined Petroleum ($8.1M), Centrifuges ($16.7k), and Excavation Machinery ($11k). Over the past 5 years the exports of Estonia to Namibia have increased at an annualized rate of 8.07%, from $5.55M in 2018 to $8.19M in 2023.

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

Namibia-Estonia Trade: In 2023, Namibia exported $26k to Estonia. The main products that Namibia exported to Estonia were Boat Propellers ($24.2k), Leather of Other Animals ($869), and Collector's Items ($846). Over the past 5 years the exports of Namibia to Estonia have decreased at an annualized rate of 37%,  from $262k in 2018 to $26k in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $8.19M to Namibia. The main products exported from Estonia to Namibia were Refined Petroleum ($8.1M), Centrifuges ($16.7k), and Excavation Machinery ($11k). During the last 5 years the exports of Estonia to Namibia have increased at an annualized rate of 8.07%, from $5.55M in 2018 to $8.19M in 2023.

In 2018, Namibia exported $26k to Estonia. The main products exported from Namibia to Estonia were Boat Propellers ($24.2k), Leather of Other Animals ($869), and Collector's Items ($846). During the last 5 years the exports of Namibia to Estonia have decreased at an annualized rate of 37%, from $262k in 2023 to $26k in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Namibia (Flag)

Estonia Exports

Namibia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Namibia
Top Destination
South Africa$1.71B

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

In 2023, countries that imported more from Estonia than Namibia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Namibia than Estonia included South Africa ($1.71B), Botswana ($504M), and China ($752M).

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

Comparative Advantage Estonia - Namibia

Flow
Scale

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

During 2023, Estonia had a large net trade with Namibia in the exports of Mineral Products ($8.1M), Machines ($43.4k), and Textiles ($12.6k).

During 2018, Namibia had a large net trade with Estonia in the exports of Machines ($24.3k), Animal Hides ($931), and Arts and Antiques ($846).

Economic Complexity

Competitive Landscape

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

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

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