2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 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 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 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

Iran-Namibia Trade: In 2022, Iran exported $64.9k to Namibia. The main products that Iran exported to Namibia were Special Pharmaceuticals ($20k), Electrical Transformers ($14k), and Edible Offal ($8.61k). Over the past 5 years the exports of Iran to Namibia have increased at an annualized rate of 71.7%, from $4.35k in 2017 to $64.9k in 2022.

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

Namibia-Iran Trade: In 2022, Namibia exported $6.35k to Iran. The main products that Namibia exported to Iran were Wood Charcoal ($6.35k). Over the past 5 years the exports of Namibia to Iran have increased at an annualized rate of 17.4%,  from $2.85k in 2017 to $6.35k in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $64.9k to Namibia. The main products exported from Iran to Namibia were Special Pharmaceuticals ($20k), Electrical Transformers ($14k), and Edible Offal ($8.61k). During the last 5 years the exports of Iran to Namibia have increased at an annualized rate of 71.7%, from $4.35k in 2017 to $64.9k in 2022.

In 2017, Namibia exported $6.35k to Iran. The main products exported from Namibia to Iran were Wood Charcoal ($6.35k). During the last 5 years the exports of Namibia to Iran have increased at an annualized rate of 17.4%, from $2.85k in 2022 to $6.35k in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Namibia (Flag)

Namibia Exports

Date

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Iran than Namibia included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

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

Comparative Advantage Iran - Namibia

Flow
Scale

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

During 2022, Iran had a large net trade with Namibia in the exports of Chemical Products ($32.5k), Machines ($14.9k), and Animal Products ($8.61k).

During 2017, Namibia had a large net trade with Iran in the exports of Wood Products ($6.35k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Namibia+$18.2kVaccines, blood, antisera, toxins and cultures
Top Product Potential Namibia Iran+$20.8kWood Charcoal

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

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

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