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Pricing

2022
Flag → Flag
Exports $17.8kRnk 139 / 173
2022
Flag → Flag
Top Product $14.3kInk Ribbons
2022
Flag → Flag
Exports $14.2kRnk 156 / 170
2022
Flag → Flag
Top Product $5.19kOther Aluminium Products
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 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$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Namibia-Ecuador Trade: In 2022, Namibia exported $17.8k to Ecuador. The main products that Namibia exported to Ecuador were Ink Ribbons ($14.3k), Video Displays ($3.32k), and Plastic Building Materials ($69). Over the past 5 years the exports of Namibia to Ecuador have decreased at an annualized rate of 38.4%, from $200k in 2017 to $17.8k in 2022.

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

Ecuador-Namibia Trade: In 2022, Ecuador exported $14.2k to Namibia. The main products that Ecuador exported to Namibia were Other Aluminium Products ($5.19k), Knit T-shirts ($1.97k), and Non-Knit Women's Suits ($1.21k). Over the past 5 years the exports of Ecuador to Namibia have decreased at an annualized rate of 41.7%,  from $363k in 2017 to $14.2k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $17.8k to Ecuador. The main products exported from Namibia to Ecuador were Ink Ribbons ($14.3k), Video Displays ($3.32k), and Plastic Building Materials ($69). During the last 5 years the exports of Namibia to Ecuador have decreased at an annualized rate of 38.4%, from $200k in 2017 to $17.8k in 2022.

In 2017, Ecuador exported $14.2k to Namibia. The main products exported from Ecuador to Namibia were Other Aluminium Products ($5.19k), Knit T-shirts ($1.97k), and Non-Knit Women's Suits ($1.21k). During the last 5 years the exports of Ecuador to Namibia have decreased at an annualized rate of 41.7%, from $363k in 2022 to $14.2k in 2017.

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

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

Latest Data

Trade between Namibia (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Ecuador
Top DestinationUnited States$9.86B

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

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

In 2022, countries that imported more from Ecuador than Namibia included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Namibia - Ecuador

Flow
Scale

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

During 2022, Namibia had a large net trade with Ecuador in the exports of Miscellaneous ($14.3k), Machines ($3.38k), and Plastics and Rubbers ($69).

During 2017, Ecuador had a large net trade with Namibia in the exports of Textiles ($5.42k), Metals ($5.25k), and Machines ($2.31k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Ecuador+$3.85kRefined Petroleum
Top Product Potential Ecuador Namibia+$4.78kKnit T-shirts

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

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

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