2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

In N/A, Namibia did not export any services to Colombia.

Colombia-Namibia Trade: In N/A, Colombia exported $48.6k to Namibia. The main products that Colombia exported to Namibia were Other Coloring Matter ($31.3k), Bandages ($5.03k), and Beauty Products ($2.6k). Over the past N/A years the exports of Colombia to Namibia have decreased at an annualized rate of 8.6%,  from $76.2k in N/A to $48.6k in N/A.

In N/A, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

Namibia does not register exports to Colombia. The main products exported from Namibia to Colombia were Rubber Tires ($7.95k), Electrical Power Accessories ($5.47k), and Other Mineral ($1.3k).

In 2018, Colombia exported $48.6k to Namibia. The main products exported from Colombia to Namibia were Other Coloring Matter ($31.3k), Bandages ($5.03k), and Beauty Products ($2.6k). During the last 5 years the exports of Colombia to Namibia have decreased at an annualized rate of 8.6%, from $76.2k in 2023 to $48.6k in 2018.

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

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

Latest Data

Trade between Namibia (Flag) and Colombia (Flag)

Namibia Exports

Colombia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Colombia
Top Destination
United States$14.8B

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

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

In 2023, countries that imported more from Colombia than Namibia included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

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

Comparative Advantage Namibia - Colombia

Flow
Scale

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

During 2018, Colombia had a large net trade with Namibia in the exports of Chemical Products ($39.7k), Textiles ($4.03k), and Vegetable Products ($2.07k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Colombia+$67.3kRubber Tires
Top Product Potential Colombia Namibia+$16.6kBeauty Products

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

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

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