Namibia (NAM) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Namibia-Spain Trade: In 2023, Namibia exported $292M to Spain. The main products that Namibia exported to Spain were Fish Fillets ($201M), Non-fillet Frozen Fish ($32.1M), and Non-fillet Fresh Fish ($17.3M). Over the past 5 years the exports of Namibia to Spain have increased at an annualized rate of 0.13%, from $290M in 2018 to $292M in 2023.

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

Spain-Namibia Trade: In 2023, Spain exported $62.3M to Namibia. The main products that Spain exported to Namibia were Rubber Tires ($15M), Fishing Ships ($8.18M), and Packaged Medicaments ($2.88M). Over the past 5 years the exports of Spain to Namibia have decreased at an annualized rate of 10.3%, from $108M in 2018 to $62.3M in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Namibia exported $292M to Spain. The main products exported from Namibia to Spain were Fish Fillets ($201M), Non-fillet Frozen Fish ($32.1M), and Non-fillet Fresh Fish ($17.3M). During the last 5 years the exports of Namibia to Spain have increased at an annualized rate of 0.13%, from $290M in 2018 to $292M in 2023.

In 2018, Spain exported $62.3M to Namibia. The main products exported from Spain to Namibia were Rubber Tires ($15M), Fishing Ships ($8.18M), and Packaged Medicaments ($2.88M). During the last 5 years the exports of Spain to Namibia have decreased at an annualized rate of 10.3%, from $108M in 2023 to $62.3M in 2018.

Exports from Namibia () to Spain () (2023)

Exports from Spain () to Namibia () (2023)

Latest Data

Trade between Namibia () and Spain ()

Namibia Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Spain
Top DestinationFrance$61.9B

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

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

In 2023, countries that imported more from Spain than Namibia included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

Comparative Advantage Namibia - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Spain in the exports of Animal Products ($280M), Foodstuffs ($5.43M), and Mineral Products ($4.55M).

During 2018, Spain had a large net trade with Namibia in the exports of Plastics and Rubbers ($16.1M), Machines ($11.4M), and Transportation ($11.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Spain+$4.17MRefined Petroleum

Top Product Potential Spain Namibia+$1.08MPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Spain () (2023)

Exports from Spain () to Namibia () (2023)

Latest Data

Trade between Namibia () and Spain ()

Namibia Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Namibia - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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