2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Namibia-Australia Trade: In 2022, Namibia exported $7.62M to Australia. The main products that Namibia exported to Australia were Fish Fillets ($6.36M), Wood Charcoal ($398k), and Cereal Flours ($274k). Over the past 5 years the exports of Namibia to Australia have decreased at an annualized rate of 1.9%, from $8.38M in 2017 to $7.62M in 2022.

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

Australia-Namibia Trade: In 2022, Australia exported $38M to Namibia. The main products that Australia exported to Namibia were Kraft Paper ($4.64M), Cyanides ($3.52M), and Fishing Ships ($3.26M). Over the past 5 years the exports of Australia to Namibia have increased at an annualized rate of 16.4%,  from $17.8M in 2017 to $38M in 2022.

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

Comparison: In 2022,  Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $7.62M to Australia. The main products exported from Namibia to Australia were Fish Fillets ($6.36M), Wood Charcoal ($398k), and Cereal Flours ($274k). During the last 5 years the exports of Namibia to Australia have decreased at an annualized rate of 1.9%, from $8.38M in 2017 to $7.62M in 2022.

In 2017, Australia exported $38M to Namibia. The main products exported from Australia to Namibia were Kraft Paper ($4.64M), Cyanides ($3.52M), and Fishing Ships ($3.26M). During the last 5 years the exports of Australia to Namibia have increased at an annualized rate of 16.4%, from $17.8M in 2022 to $38M in 2017.

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

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

Latest Data

Trade between Namibia (Flag) and Australia (Flag)

Namibia Exports

Australia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Australia
Top Destination
China$123B

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

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

In 2022, countries that imported more from Australia than Namibia included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Namibia - Australia

Flow
Scale

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

During 2022, Namibia had a large net trade with Australia in the exports of Animal Products ($6.42M), Wood Products ($398k), and Vegetable Products ($325k).

During 2017, Australia had a large net trade with Namibia in the exports of Machines ($13.3M), Transportation ($8.59M), and Paper Goods ($7.73M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Australia+$968kFish Fillets
Top Product Potential Australia Namibia+$483kMotor vehicles; parts and accessories (8701 to 8705)

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

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

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