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

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Namibia-Spain Trade: In 2022, Namibia exported $270M to Spain. The main products that Namibia exported to Spain were Fish Fillets ($151M), Molluscs ($28.5M), and Non-fillet Frozen Fish ($27.7M). Over the past 5 years the exports of Namibia to Spain have increased at an annualized rate of 1.57%, from $250M in 2017 to $270M in 2022.

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

Spain-Namibia Trade: In 2022, Spain exported $36.3M to Namibia. The main products that Spain exported to Namibia were Molluscs ($8.49M), Rubber Tires ($3.29M), and Engine Parts ($2.14M). Over the past 5 years the exports of Spain to Namibia have decreased at an annualized rate of 12.4%, from $70.4M in 2017 to $36.3M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $270M to Spain. The main products exported from Namibia to Spain were Fish Fillets ($151M), Molluscs ($28.5M), and Non-fillet Frozen Fish ($27.7M). During the last 5 years the exports of Namibia to Spain have increased at an annualized rate of 1.57%, from $250M in 2017 to $270M in 2022.

In 2017, Spain exported $36.3M to Namibia. The main products exported from Spain to Namibia were Molluscs ($8.49M), Rubber Tires ($3.29M), and Engine Parts ($2.14M). During the last 5 years the exports of Spain to Namibia have decreased at an annualized rate of 12.4%, from $70.4M in 2022 to $36.3M in 2017.

Exports from Namibia () to Spain () (2022)

Exports from Spain () to Namibia () (2022)

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$1.75B

Spain
Top DestinationFrance$65.2B

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 2022, countries that imported more from Namibia than Spain included Botswana ($672M), Zambia ($279M), and Democratic Republic of the Congo ($251M).

In 2022, countries that imported more from Spain than Namibia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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 2022, Namibia had a large net trade with Spain in the exports of Animal Products ($230M), Mineral Products ($24.3M), and Metals ($12.9M).

During 2017, Spain had a large net trade with Namibia in the exports of Animal Products ($12.8M), Machines ($8.17M), and Plastics and Rubbers ($4.38M).

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 () (2022)

Exports from Spain () to Namibia () (2022)

Latest Data

Trade between Namibia () and Spain ()

Namibia Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Namibia - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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