2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Namibia-Hong Kong Trade: In 2022, Namibia exported $109M to Hong Kong. The main products that Namibia exported to Hong Kong were Diamonds ($92.6M), Other Mineral ($6.72M), and Coal Briquettes ($4.54M). Over the past 5 years the exports of Namibia to Hong Kong have increased at an annualized rate of 20%, from $43.9M in 2017 to $109M in 2022.

In 2022, Namibia did not export any services to Hong Kong.

Hong Kong-Namibia Trade: In 2022, Hong Kong exported $22.7M to Namibia. The main products that Hong Kong exported to Namibia were Air Conditioners ($2.15M), Flexible Metal Tubing ($1.49M), and Insulated Wire ($1.47M). Over the past 5 years the exports of Hong Kong to Namibia have increased at an annualized rate of 2.52%,  from $20M in 2017 to $22.7M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $109M to Hong Kong. The main products exported from Namibia to Hong Kong were Diamonds ($92.6M), Other Mineral ($6.72M), and Coal Briquettes ($4.54M). During the last 5 years the exports of Namibia to Hong Kong have increased at an annualized rate of 20%, from $43.9M in 2017 to $109M in 2022.

In 2017, Hong Kong exported $22.7M to Namibia. The main products exported from Hong Kong to Namibia were Air Conditioners ($2.15M), Flexible Metal Tubing ($1.49M), and Insulated Wire ($1.47M). During the last 5 years the exports of Hong Kong to Namibia have increased at an annualized rate of 2.52%, from $20M in 2022 to $22.7M in 2017.

Exports from Namibia (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and Hong Kong (Flag)

Namibia Exports

Hong Kong Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Hong Kong
Top Destination
China$23.4B

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

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

In 2022, countries that imported more from Hong Kong than Namibia included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - Hong Kong

Flow
Scale

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

During 2022, Namibia had a large net trade with Hong Kong in the exports of Precious Metals ($92.7M), Mineral Products ($11.4M), and Chemical Products ($3.39M).

During 2017, Hong Kong had a large net trade with Namibia in the exports of Machines ($10.3M), Metals ($3.73M), and Plastics and Rubbers ($1.67M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Hong Kong+$24.4MDiamonds
Top Product Potential Hong Kong Namibia+$1.97MTelephones

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

Product Space of Namibia (Flag) and Hong Kong (Flag) (2022)

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