Hong Kong (HKG) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Hong Kong-Namibia Trade: In 2023, Hong Kong exported $18.3M to Namibia. The main products that Hong Kong exported to Namibia were Telephones ($4.94M), Electrical Transformers ($2.7M), and Air Conditioners ($1.79M). Over the past 5 years the exports of Hong Kong to Namibia have decreased at an annualized rate of 6.95%, from $26.3M in 2018 to $18.3M in 2023.

In 2023, Hong Kong did not export any services to Namibia.

Namibia-Hong Kong Trade: In 2023, Namibia exported $75.5M to Hong Kong. The main products that Namibia exported to Hong Kong were Diamonds ($63.6M), Other Mineral ($9.49M), and Hard Liquor ($741k). Over the past 5 years the exports of Namibia to Hong Kong have increased at an annualized rate of 6.89%, from $54.1M in 2018 to $75.5M in 2023.

In 2023, Namibia did not export any services to Hong Kong.

Comparison: In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hong Kong exported $18.3M to Namibia. The main products exported from Hong Kong to Namibia were Telephones ($4.94M), Electrical Transformers ($2.7M), and Air Conditioners ($1.79M). During the last 5 years the exports of Hong Kong to Namibia have decreased at an annualized rate of 6.95%, from $26.3M in 2018 to $18.3M in 2023.

In 2018, Namibia exported $75.5M to Hong Kong. The main products exported from Namibia to Hong Kong were Diamonds ($63.6M), Other Mineral ($9.49M), and Hard Liquor ($741k). During the last 5 years the exports of Namibia to Hong Kong have increased at an annualized rate of 6.89%, from $54.1M in 2023 to $75.5M in 2018.

Exports from Hong Kong () to Namibia () (2023)

Exports from Namibia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Namibia ()

Hong Kong Exports

Date

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Namibia
Top DestinationSouth Africa$1.71B

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

In 2023, countries that imported more from Hong Kong than Namibia included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

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

Difference in imports from Namibia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Namibia in the exports of Machines ($12.7M), Instruments ($1.54M), and Plastics and Rubbers ($1.09M).

During 2018, Namibia had a large net trade with Hong Kong in the exports of Precious Metals ($63.6M), Mineral Products ($9.63M), and Foodstuffs ($941k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Namibia+$1.97MTelephones

Top Product Potential Namibia Hong Kong+$24.4MDiamonds

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Namibia () (2023)

Exports from Namibia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Namibia ()

Hong Kong Exports

Namibia Exports

Market Competitiveness

Difference in imports from Namibia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Namibia () (2023)

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