2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-Namibia Trade: In 2022, Israel exported $5.27M to Namibia. The main products that Israel exported to Namibia were Machinery Having Individual Functions ($935k), Computers ($601k), and Poultry Meat ($504k). Over the past 5 years the exports of Israel to Namibia have decreased at an annualized rate of 6.7%, from $7.45M in 2017 to $5.27M in 2022.

In 2007, Israel exported services to Namibia worth $0, with being the largest in terms of value.

Namibia-Israel Trade: In 2022, Namibia exported $60.2M to Israel. The main products that Namibia exported to Israel were Diamonds ($59.2M), Wood Charcoal ($370k), and Collector's Items ($367k). Over the past 5 years the exports of Namibia to Israel have increased at an annualized rate of 0.51%,  from $54.1M in 2017 to $60.2M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $5.27M to Namibia. The main products exported from Israel to Namibia were Machinery Having Individual Functions ($935k), Computers ($601k), and Poultry Meat ($504k). During the last 5 years the exports of Israel to Namibia have decreased at an annualized rate of 6.7%, from $7.45M in 2017 to $5.27M in 2022.

In 2017, Namibia exported $60.2M to Israel. The main products exported from Namibia to Israel were Diamonds ($59.2M), Wood Charcoal ($370k), and Collector's Items ($367k). During the last 5 years the exports of Namibia to Israel have increased at an annualized rate of 0.51%, from $54.1M in 2022 to $60.2M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Namibia (Flag)

Israel Exports

Namibia Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Israel than Namibia included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

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

Comparative Advantage Israel - Namibia

Flow
Scale

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

During 2022, Israel had a large net trade with Namibia in the exports of Machines ($3.62M), Animal Products ($517k), and Instruments ($474k).

During 2017, Namibia had a large net trade with Israel in the exports of Precious Metals ($59.2M), Wood Products ($370k), and Arts and Antiques ($367k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Namibia+$633kTelephones
Top Product Potential Namibia Israel+$8.79MDiamonds

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

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

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