Namibia (NAM) and Austria (AUT) Trade | The Observatory of Economic Complexity

About

Namibia-Austria Trade: In 2023, Namibia exported $5.84M to Austria. The main products that Namibia exported to Austria were Wood Charcoal ($1.12M), Grapes ($1.07M), and Fish Fillets ($960k). Over the past 5 years the exports of Namibia to Austria have decreased at an annualized rate of 14.1%, from $12.5M in 2018 to $5.84M in 2023.

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

Austria-Namibia Trade: In 2023, Austria exported $18.1M to Namibia. The main products that Austria exported to Namibia were Electrical Transformers ($6.59M), Refractory Bricks ($2.03M), and Cars ($1.2M). Over the past 5 years the exports of Austria to Namibia have increased at an annualized rate of 27.1%, from $5.45M in 2018 to $18.1M in 2023.

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

Comparison: In 2023, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Namibia exported $5.84M to Austria. The main products exported from Namibia to Austria were Wood Charcoal ($1.12M), Grapes ($1.07M), and Fish Fillets ($960k). During the last 5 years the exports of Namibia to Austria have decreased at an annualized rate of 14.1%, from $12.5M in 2018 to $5.84M in 2023.

In 2018, Austria exported $18.1M to Namibia. The main products exported from Austria to Namibia were Electrical Transformers ($6.59M), Refractory Bricks ($2.03M), and Cars ($1.2M). During the last 5 years the exports of Austria to Namibia have increased at an annualized rate of 27.1%, from $5.45M in 2023 to $18.1M in 2018.

Exports from Namibia () to Austria () (2023)

Exports from Austria () to Namibia () (2023)

Latest Data

Trade between Namibia () and Austria ()

Namibia Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Austria
Top DestinationGermany$51B

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

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

In 2023, countries that imported more from Austria than Namibia included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

Difference in imports from Austria () and Namibia () (2023)

Comparative Advantage Namibia - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Austria in the exports of Animal Products ($1.26M), Wood Products ($1.12M), and Vegetable Products ($1.09M).

During 2018, Austria had a large net trade with Namibia in the exports of Machines ($10.2M), Transportation ($2.29M), and Stone And Glass ($2.12M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Austria+$93kGrapes

Top Product Potential Austria Namibia+$471kFlavored Water

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Namibia and Austria. This means that a dot/product with the flag of Namibia indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Namibia.

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Austria () (2023)

Exports from Austria () to Namibia () (2023)

Latest Data

Trade between Namibia () and Austria ()

Namibia Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Namibia () (2023)

Comparative Advantage Namibia - Austria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Namibia () and Austria () (2023)

Keep Exploring