2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC 
$4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

Namibia-Israel Trade: In 2023, Namibia exported $29M to Israel. The main products that Namibia exported to Israel were Diamonds ($27.8M), Wood Charcoal ($408k), and Processed Bones ($248k). Over the past 5 years the exports of Namibia to Israel have decreased at an annualized rate of 9.77%, from $48.4M in 2018 to $29M in 2023.

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

Israel-Namibia Trade: In 2023, Israel exported $4.84M to Namibia. The main products that Israel exported to Namibia were Other live plants, cuttings and slips; mushroom spawn ($787k), Centrifuges ($560k), and Broadcasting Equipment ($528k). Over the past 5 years the exports of Israel to Namibia have decreased at an annualized rate of 1.6%,  from $5.25M in 2018 to $4.84M in 2023.

In 2007, Israel exported services to Namibia worth $0, with being the largest in terms of value.

Comparison: In 2023,  Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $29M to Israel. The main products exported from Namibia to Israel were Diamonds ($27.8M), Wood Charcoal ($408k), and Processed Bones ($248k). During the last 5 years the exports of Namibia to Israel have decreased at an annualized rate of 9.77%, from $48.4M in 2018 to $29M in 2023.

In 2018, Israel exported $4.84M to Namibia. The main products exported from Israel to Namibia were Other live plants, cuttings and slips; mushroom spawn ($787k), Centrifuges ($560k), and Broadcasting Equipment ($528k). During the last 5 years the exports of Israel to Namibia have decreased at an annualized rate of 1.6%, from $5.25M in 2023 to $4.84M in 2018.

Exports from Namibia (Flag) to Israel (Flag) (2023)

Exports from Israel (Flag) to Namibia (Flag) (2023)

Latest Data

Trade between Namibia (Flag) and Israel (Flag)

Namibia Exports

Israel Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Namibia than Israel included South Africa ($1.71B), Botswana ($504M), and Zambia ($329M).

In 2023, countries that imported more from Israel than Namibia included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

Difference in imports from Israel (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - Israel

Flow
Scale

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

During 2023, Namibia had a large net trade with Israel in the exports of Precious Metals ($27.8M), Animal Products ($433k), and Wood Products ($408k).

During 2018, Israel had a large net trade with Namibia in the exports of Machines ($3.16M), Vegetable Products ($787k), and Instruments ($319k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Israel+$8.79MDiamonds
Top Product Potential Israel Namibia+$633kTelephones

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

Product Space of Namibia (Flag) and Israel (Flag) (2023)

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