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Pricing

2022
Flag → Flag
Exports $6.35kRnk 150 / 173
2022
Flag → Flag
Top Product $6.35kWood Charcoal
2022
Flag → Flag
Exports $64.9kRnk 109 / 127
2022
Flag → Flag
Top Product $20kSpecial Pharmaceuticals
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 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$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Namibia-Iran Trade: In 2022, Namibia exported $6.35k to Iran. The main products that Namibia exported to Iran were Wood Charcoal ($6.35k). Over the past 7 years the exports of Namibia to Iran have increased at an annualized rate of 42.5%, from $532 in 2015 to $6.35k in 2022.

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

Iran-Namibia Trade: In 2022, Iran exported $64.9k to Namibia. The main products that Iran exported to Namibia were Special Pharmaceuticals ($20k), Electrical Transformers ($14k), and Edible Offal ($8.61k). Over the past 7 years the exports of Iran to Namibia have increased at an annualized rate of 71.7%,  from $4.35k in 2015 to $64.9k in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $6.35k to Iran. The main products exported from Namibia to Iran were Wood Charcoal ($6.35k). During the last 7 years the exports of Namibia to Iran have increased at an annualized rate of 42.5%, from $532 in 2015 to $6.35k in 2022.

In 2017, Iran exported $64.9k to Namibia. The main products exported from Iran to Namibia were Special Pharmaceuticals ($20k), Electrical Transformers ($14k), and Edible Offal ($8.61k). During the last 5 years the exports of Iran to Namibia have increased at an annualized rate of 71.7%, from $4.35k in 2022 to $64.9k in 2017.

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

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

Latest Data

Trade between Namibia (Flag) and Iran (Flag)

Namibia Exports

Date

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Iran
Top DestinationChina$5.72B

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

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

In 2022, countries that imported more from Iran than Namibia included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Namibia - Iran

Flow
Scale

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

During 2022, Namibia had a large net trade with Iran in the exports of Wood Products ($6.35k).

During 2017, Iran had a large net trade with Namibia in the exports of Chemical Products ($32.5k), Machines ($14.9k), and Animal Products ($8.61k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Iran+$20.8kWood Charcoal
Top Product Potential Iran Namibia+$18.2kVaccines, blood, antisera, toxins and cultures

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

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

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