2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 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
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Namibia-United Kingdom Trade: In 2023, Namibia exported $81.9M to United Kingdom. The main products that Namibia exported to United Kingdom were Documents of title (bonds etc) and unused stamps ($30.6M), Grapes ($25.4M), and Wood Charcoal ($7.28M). Over the past 5 years the exports of Namibia to United Kingdom have decreased at an annualized rate of 29.4%, from $466M in 2018 to $81.9M in 2023.

In 2023, Namibia did not export any services to United Kingdom.

United Kingdom-Namibia Trade: In 2023, United Kingdom exported $113M to Namibia. The main products that United Kingdom exported to Namibia were Delivery Trucks ($18M), Cars ($10.1M), and Acrylic Polymers ($7.72M). Over the past 5 years the exports of United Kingdom to Namibia have decreased at an annualized rate of 11.9%,  from $214M in 2018 to $113M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $81.9M to United Kingdom. The main products exported from Namibia to United Kingdom were Documents of title (bonds etc) and unused stamps ($30.6M), Grapes ($25.4M), and Wood Charcoal ($7.28M). During the last 5 years the exports of Namibia to United Kingdom have decreased at an annualized rate of 29.4%, from $466M in 2018 to $81.9M in 2023.

In 2018, United Kingdom exported $113M to Namibia. The main products exported from United Kingdom to Namibia were Delivery Trucks ($18M), Cars ($10.1M), and Acrylic Polymers ($7.72M). During the last 5 years the exports of United Kingdom to Namibia have decreased at an annualized rate of 11.9%, from $214M in 2023 to $113M in 2018.

Exports from Namibia (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Namibia (Flag) (2023)

Latest Data

Trade between Namibia (Flag) and United Kingdom (Flag)

Namibia Exports

United Kingdom Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
United Kingdom
Top Destination
United States$59.7B

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

In 2023, countries that imported more from Namibia than United Kingdom included Botswana ($504M), Zambia ($329M), and Democratic Republic of the Congo ($150M).

In 2023, countries that imported more from United Kingdom than Namibia included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - United Kingdom

Flow
Scale

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

During 2023, Namibia had a large net trade with United Kingdom in the exports of Paper Goods ($30.6M), Vegetable Products ($27.4M), and Animal Products ($10.5M).

During 2018, United Kingdom had a large net trade with Namibia in the exports of Transportation ($40M), Machines ($22.3M), and Plastics and Rubbers ($10.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia United Kingdom+$8.37MDiamonds
Top Product Potential United Kingdom Namibia+$5.74MCars

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

Product Space of Namibia (Flag) and United Kingdom (Flag) (2023)

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