2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Namibia-India Trade: In 2022, Namibia exported $35M to India. The main products that Namibia exported to India were Diamonds ($22.6M), Scrap Iron ($4.45M), and Industrial Fatty Acids, Oils and Alcohols ($2.83M). Over the past 5 years the exports of Namibia to India have decreased at an annualized rate of 3.34%, from $41.5M in 2017 to $35M in 2022.

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

India-Namibia Trade: In 2022, India exported $355M to Namibia. The main products that India exported to Namibia were Refined Petroleum ($270M), Packaged Medicaments ($23.8M), and Cars ($6.67M). Over the past 5 years the exports of India to Namibia have increased at an annualized rate of 21.7%,  from $133M in 2017 to $355M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $35M to India. The main products exported from Namibia to India were Diamonds ($22.6M), Scrap Iron ($4.45M), and Industrial Fatty Acids, Oils and Alcohols ($2.83M). During the last 5 years the exports of Namibia to India have decreased at an annualized rate of 3.34%, from $41.5M in 2017 to $35M in 2022.

In 2017, India exported $355M to Namibia. The main products exported from India to Namibia were Refined Petroleum ($270M), Packaged Medicaments ($23.8M), and Cars ($6.67M). During the last 5 years the exports of India to Namibia have increased at an annualized rate of 21.7%, from $133M in 2022 to $355M in 2017.

Exports from Namibia (Flag) to India (Flag) (2022)

Exports from India (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and India (Flag)

Namibia Exports

India Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
India
Top Destination
United States$82.9B

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

In 2022, countries that imported more from Namibia than India included Botswana ($672M), Marshall Islands ($14.1M), and Saint Helena ($891k).

In 2022, countries that imported more from India than Namibia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - India

Flow
Scale

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

During 2022, Namibia had a large net trade with India in the exports of Precious Metals ($22.9M), Metals ($4.71M), and Mineral Products ($2.89M).

During 2017, India had a large net trade with Namibia in the exports of Mineral Products ($270M), Chemical Products ($36.4M), and Machines ($13.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia India+$20.8MDiamonds
Top Product Potential India Namibia+$41.1MRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Namibia and India. This means that a dot/product with the flag of Namibia indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Namibia.

Product Space of Namibia (Flag) and India (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with