2023
Flag  
GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 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 
$11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

Malaysia-Namibia Trade: In 2023, Malaysia exported $138M to Namibia. The main products that Malaysia exported to Namibia were Refined Petroleum ($108M), Planes, Helicopters, and/or Spacecraft ($11.6M), and Stone Processing Machines ($3.05M). Over the past 5 years the exports of Malaysia to Namibia have increased at an annualized rate of 50.5%, from $17.9M in 2018 to $138M in 2023.

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

Namibia-Malaysia Trade: In 2023, Namibia exported $6.7M to Malaysia. The main products that Namibia exported to Malaysia were Copper Ore ($5.59M), Valves ($295k), and Grapes ($151k). Over the past 5 years the exports of Namibia to Malaysia have decreased at an annualized rate of 20.9%,  from $21.7M in 2018 to $6.7M in 2023.

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

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). 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, Malaysia exported $138M to Namibia. The main products exported from Malaysia to Namibia were Refined Petroleum ($108M), Planes, Helicopters, and/or Spacecraft ($11.6M), and Stone Processing Machines ($3.05M). During the last 5 years the exports of Malaysia to Namibia have increased at an annualized rate of 50.5%, from $17.9M in 2018 to $138M in 2023.

In 2018, Namibia exported $6.7M to Malaysia. The main products exported from Namibia to Malaysia were Copper Ore ($5.59M), Valves ($295k), and Grapes ($151k). During the last 5 years the exports of Namibia to Malaysia have decreased at an annualized rate of 20.9%, from $21.7M in 2023 to $6.7M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B
Namibia
Top Destination
South Africa$1.71B

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

In 2023, countries that imported more from Malaysia than Namibia included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

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

Comparative Advantage Malaysia - Namibia

Flow
Scale

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

During 2023, Malaysia had a large net trade with Namibia in the exports of Mineral Products ($108M), Transportation ($14.9M), and Machines ($9.26M).

During 2018, Namibia had a large net trade with Malaysia in the exports of Mineral Products ($5.8M), Machines ($404k), and Vegetable Products ($221k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Namibia+$7.61MRefined Petroleum
Top Product Potential Namibia Malaysia+$1.36MCopper Ore

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

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

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