2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 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
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Namibia-Dominican Republic Trade: In 2022, Namibia exported $22.6k to Dominican Republic. The main products that Namibia exported to Dominican Republic were Transmissions ($8.44k), Other Iron Products ($7.22k), and Other Plastic Products ($3.95k). Over the past 5 years the exports of Namibia to Dominican Republic have increased at an annualized rate of 2.83%, from $19.7k in 2017 to $22.6k in 2022.

In 2022, Namibia did not export any services to Dominican Republic.

Dominican Republic-Namibia Trade: In 2022, Dominican Republic exported $162k to Namibia. The main products that Dominican Republic exported to Namibia were Medical Instruments ($117k), Processed Tobacco ($15.1k), and Special Pharmaceuticals ($13.7k). Over the past 5 years the exports of Dominican Republic to Namibia have increased at an annualized rate of 68.2%,  from $12k in 2017 to $162k in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $22.6k to Dominican Republic. The main products exported from Namibia to Dominican Republic were Transmissions ($8.44k), Other Iron Products ($7.22k), and Other Plastic Products ($3.95k). During the last 5 years the exports of Namibia to Dominican Republic have increased at an annualized rate of 2.83%, from $19.7k in 2017 to $22.6k in 2022.

In 2017, Dominican Republic exported $162k to Namibia. The main products exported from Dominican Republic to Namibia were Medical Instruments ($117k), Processed Tobacco ($15.1k), and Special Pharmaceuticals ($13.7k). During the last 5 years the exports of Dominican Republic to Namibia have increased at an annualized rate of 68.2%, from $12k in 2022 to $162k in 2017.

Exports from Namibia (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Dominican Republic
Top Destination
United States$6.85B

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

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

In 2022, countries that imported more from Dominican Republic than Namibia included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - Dominican Republic

Flow
Scale

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

During 2022, Namibia had a large net trade with Dominican Republic in the exports of Machines ($8.68k), Metals ($7.22k), and Plastics and Rubbers ($3.97k).

During 2017, Dominican Republic had a large net trade with Namibia in the exports of Instruments ($119k), Foodstuffs ($17.2k), and Chemical Products ($16.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Dominican Republic+$3.66kRefined Petroleum
Top Product Potential Dominican Republic Namibia+$195kMedical Instruments

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

Product Space of Namibia (Flag) and Dominican Republic (Flag) (2022)

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