Namibia (NAM) and India (IND) Trade | The Observatory of Economic Complexity

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Namibia-India Trade: In 2023, Namibia exported $150M to India. The main products that Namibia exported to India were Diamonds ($106M), Scrap Iron ($28.4M), and Marble, Travertine and Alabaster ($4.58M). Over the past 5 years the exports of Namibia to India have increased at an annualized rate of 17.3%, from $67.5M in 2018 to $150M in 2023.

In 2023, Namibia did not export any services to India.

India-Namibia Trade: In 2023, India exported $500M to Namibia. The main products that India exported to Namibia were Refined Petroleum ($395M), Packaged Medicaments ($24.4M), and Special Purpose Ships ($9.01M). Over the past 5 years the exports of India to Namibia have increased at an annualized rate of 22.5%, from $148M in 2018 to $500M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Namibia exported $150M to India. The main products exported from Namibia to India were Diamonds ($106M), Scrap Iron ($28.4M), and Marble, Travertine and Alabaster ($4.58M). During the last 5 years the exports of Namibia to India have increased at an annualized rate of 17.3%, from $67.5M in 2018 to $150M in 2023.

In 2018, India exported $500M to Namibia. The main products exported from India to Namibia were Refined Petroleum ($395M), Packaged Medicaments ($24.4M), and Special Purpose Ships ($9.01M). During the last 5 years the exports of India to Namibia have increased at an annualized rate of 22.5%, from $148M in 2023 to $500M in 2018.

Exports from Namibia () to India () (2023)

Exports from India () to Namibia () (2023)

Latest Data

Trade between Namibia () and India ()

Namibia Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

India
Top DestinationUnited States$85.5B

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 2023, countries that imported more from Namibia than India included Botswana ($504M), Saint Helena ($1.56M), and Tuvalu ($221k).

In 2023, countries that imported more from India than Namibia included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India () and Namibia () (2023)

Comparative Advantage Namibia - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with India in the exports of Precious Metals ($107M), Metals ($29.3M), and Mineral Products ($9.53M).

During 2018, India had a large net trade with Namibia in the exports of Mineral Products ($395M), Chemical Products ($33.6M), and Transportation ($28.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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.

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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 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.

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Historical Data

Bilateral Trade by Products

Exports from Namibia () to India () (2023)

Exports from India () to Namibia () (2023)

Latest Data

Trade between Namibia () and India ()

Namibia Exports

India Exports

Market Competitiveness

Difference in imports from India () and Namibia () (2023)

Comparative Advantage Namibia - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and India () (2023)

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