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Pricing

2022
Flag → Flag
Exports $4.9kRnk 152 / 173
2022
Flag → Flag
Top Product $2.55kGas Turbines
2022
Flag → Flag
Exports $92Rnk 62 / 63
2022
Flag → Flag
Top Product $92Video Displays
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 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$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 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$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

Namibia-Equatorial Guinea Trade: In 2022, Namibia exported $4.9k to Equatorial Guinea. The main products that Namibia exported to Equatorial Guinea were Gas Turbines ($2.55k), Interchangeable Tool Parts ($2.18k), and Additive manufacturing machines ($165). Over the past 6 years the exports of Namibia to Equatorial Guinea have decreased at an annualized rate of 1%, from $5.2k in 2016 to $4.9k in 2022.

In 2022, Namibia did not export any services to Equatorial Guinea.

Equatorial Guinea-Namibia Trade: In 2022, Equatorial Guinea exported $92 to Namibia. The main products that Equatorial Guinea exported to Namibia were Video Displays ($92). Over the past 6 years the exports of Equatorial Guinea to Namibia have decreased at an annualized rate of 58.1%,  from $7.09k in 2016 to $92 in 2022.

In 2022, Equatorial Guinea 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, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $4.9k to Equatorial Guinea. The main products exported from Namibia to Equatorial Guinea were Gas Turbines ($2.55k), Interchangeable Tool Parts ($2.18k), and Additive manufacturing machines ($165). During the last 6 years the exports of Namibia to Equatorial Guinea have decreased at an annualized rate of 1%, from $5.2k in 2016 to $4.9k in 2022.

In 2017, Equatorial Guinea exported $92 to Namibia. The main products exported from Equatorial Guinea to Namibia were Video Displays ($92). During the last 5 years the exports of Equatorial Guinea to Namibia have decreased at an annualized rate of 58.1%, from $7.09k in 2022 to $92 in 2017.

Exports from Namibia (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and Equatorial Guinea (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Equatorial Guinea
Top DestinationZambia$1.84B

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

In 2022, countries that imported more from Namibia than Equatorial Guinea included South Africa ($1.75B), Botswana ($672M), and Democratic Republic of the Congo ($251M).

In 2022, countries that imported more from Equatorial Guinea than Namibia included Zambia ($1.84B), Spain ($1.32B), and India ($855M).

Difference in imports from Equatorial Guinea (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - Equatorial Guinea

Flow
Scale

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

During 2022, Namibia had a large net trade with Equatorial Guinea in the exports of Machines ($2.71k) and Metals ($2.18k).

During 2017, Equatorial Guinea had a large net trade with Namibia in the exports of Machines ($92).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Equatorial Guinea+$6.72kGas Turbines
Top Product Potential Equatorial Guinea Namibia+$2.02kPetroleum Gas

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

Product Space of Namibia (Flag) and Equatorial Guinea (Flag) (2022)

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