Namibia (NAM) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Namibia-Georgia Trade: In 2022, Namibia exported $727k to Georgia. The main products that Namibia exported to Georgia were Other Iron Products ($726k), Other toys ($259), and Building Stone ($3). Over the past 6 years the exports of Namibia to Georgia have increased at an annualized rate of 108%, from $9.08k in 2016 to $727k in 2022.

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

Georgia-Namibia Trade: In 2022, Georgia exported $89.7k to Namibia. The main products that Georgia exported to Namibia were Cheese ($62.6k), Non-Knit Men's Shirts ($7.81k), and Other Plastic Products ($5.33k). Over the past 6 years the exports of Georgia to Namibia have increased at an annualized rate of 81%, from $4.62k in 2016 to $89.7k in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $727k to Georgia. The main products exported from Namibia to Georgia were Other Iron Products ($726k), Other toys ($259), and Building Stone ($3). During the last 6 years the exports of Namibia to Georgia have increased at an annualized rate of 108%, from $9.08k in 2016 to $727k in 2022.

In 2017, Georgia exported $89.7k to Namibia. The main products exported from Georgia to Namibia were Cheese ($62.6k), Non-Knit Men's Shirts ($7.81k), and Other Plastic Products ($5.33k). During the last 5 years the exports of Georgia to Namibia have increased at an annualized rate of 81%, from $4.62k in 2022 to $89.7k in 2017.

Exports from Namibia () to Georgia () (2022)

Exports from Georgia () to Namibia () (2022)

Latest Data

Trade between Namibia () and Georgia ()

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Georgia
Top DestinationChina$759M

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

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

In 2022, countries that imported more from Georgia than Namibia included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

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

Comparative Advantage Namibia - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Georgia in the exports of Metals ($726k), Miscellaneous ($259), and Stone And Glass ($3).

During 2017, Georgia had a large net trade with Namibia in the exports of Animal Products ($62.6k), Textiles ($12.6k), and Machines ($8.82k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Georgia+$2.74kRefined Petroleum

Top Product Potential Georgia Namibia+$6.91kKnit Sweaters

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Georgia () (2022)

Exports from Georgia () to Namibia () (2022)

Latest Data

Trade between Namibia () and Georgia ()

Namibia Exports

Market Competitiveness

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

Comparative Advantage Namibia - Georgia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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