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Pricing

2022
Flag → Flag
Exports $58.9kRnk 119 / 155
2022
Flag → Flag
Top Product $17.3kPackaged Medicaments
2022
Flag → Flag
Exports $32.2kRnk 128 / 173
2022
Flag → Flag
Top Product $31.5kFish Fillets
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 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 $6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 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

North Macedonia-Namibia Trade: In 2022, North Macedonia exported $58.9k to Namibia. The main products that North Macedonia exported to Namibia were Packaged Medicaments ($17.3k), Medical Instruments ($14.5k), and Video and Card Games ($11.8k). Over the past 7 years the exports of North Macedonia to Namibia have decreased at an annualized rate of 2.04%, from $68.1k in 2015 to $58.9k in 2022.

In 2022, North Macedonia did not export any services to Namibia.

Namibia-North Macedonia Trade: In 2022, Namibia exported $32.2k to North Macedonia. The main products that Namibia exported to North Macedonia were Fish Fillets ($31.5k), Low-voltage Protection Equipment ($537), and Precious Stones ($62). Over the past 7 years the exports of Namibia to North Macedonia have increased at an annualized rate of 170%,  from $224 in 2015 to $32.2k in 2022.

In 2022, Namibia did not export any services to North Macedonia.

Comparison: In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). 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, North Macedonia exported $58.9k to Namibia. The main products exported from North Macedonia to Namibia were Packaged Medicaments ($17.3k), Medical Instruments ($14.5k), and Video and Card Games ($11.8k). During the last 7 years the exports of North Macedonia to Namibia have decreased at an annualized rate of 2.04%, from $68.1k in 2015 to $58.9k in 2022.

In 2017, Namibia exported $32.2k to North Macedonia. The main products exported from Namibia to North Macedonia were Fish Fillets ($31.5k), Low-voltage Protection Equipment ($537), and Precious Stones ($62). During the last 5 years the exports of Namibia to North Macedonia have increased at an annualized rate of 170%, from $224 in 2022 to $32.2k in 2017.

Exports from North Macedonia (Flag) to Namibia (Flag) (2022)

Exports from Namibia (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and Namibia (Flag)

North Macedonia Exports

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$3.96B
Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from North Macedonia than Namibia included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

In 2022, countries that imported more from Namibia than North Macedonia included South Africa ($1.75B), Botswana ($672M), and China ($628M).

Difference in imports from Namibia (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Namibia

Flow
Scale

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

During 2022, North Macedonia had a large net trade with Namibia in the exports of Miscellaneous ($22.5k), Chemical Products ($17.3k), and Instruments ($14.7k).

During 2017, Namibia had a large net trade with North Macedonia in the exports of Animal Products ($31.5k), Machines ($537), and Precious Metals ($62).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Namibia+$40.8kPackaged Medicaments
Top Product Potential Namibia North Macedonia+$28.6kFish 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 North Macedonia and Namibia. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over North Macedonia.

Product Space of North Macedonia (Flag) and Namibia (Flag) (2022)

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