Namibia (NAM) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Namibia-Bolivia Trade: In 2022, Namibia exported $24k to Bolivia. The main products that Namibia exported to Bolivia were Aircraft Parts ($18.1k), Engine Parts ($5.48k), and Seats ($326). Over the past 6 years the exports of Namibia to Bolivia have increased at an annualized rate of 98.5%, from $392 in 2016 to $24k in 2022.

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

Bolivia-Namibia In N/A, Bolivia did not export any products to Namibia.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $24k to Bolivia. The main products exported from Namibia to Bolivia were Aircraft Parts ($18.1k), Engine Parts ($5.48k), and Seats ($326). During the last 6 years the exports of Namibia to Bolivia have increased at an annualized rate of 98.5%, from $392 in 2016 to $24k in 2022.

Bolivia does not register exports to Namibia. The main products exported from Bolivia to Namibia were Centrifuges ($288) and Other Domestic Electric Housewares ($35).

Exports from Namibia () to Bolivia () (2022)

Exports from Bolivia () to Namibia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Bolivia
Top DestinationIndia$2.27B

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

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

In 2022, countries that imported more from Bolivia than Namibia included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

Difference in imports from Bolivia () and Namibia () (2022)

Comparative Advantage Namibia - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Bolivia in the exports of Transportation ($18.1k), Machines ($5.48k), and Miscellaneous ($326).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Bolivia+$8.51kEngine Parts

Top Product Potential Bolivia Namibia+$2.41kPrecious Metal 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Namibia () to Bolivia () (2022)

Exports from Bolivia () to Namibia () (2022)

Market Competitiveness

Difference in imports from Bolivia () and Namibia () (2022)

Comparative Advantage Namibia - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and Bolivia () (2022)

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