Namibia (NAM) and Italy (ITA) Trade | The Observatory of Economic Complexity

About

Namibia-Italy Trade: In 2022, Namibia exported $68.2M to Italy. The main products that Namibia exported to Italy were Fish Fillets ($30.2M), Marble, Travertine and Alabaster ($23.6M), and Non-fillet Frozen Fish ($9.56M). Over the past 5 years the exports of Namibia to Italy have decreased at an annualized rate of 26.6%, from $320M in 2017 to $68.2M in 2022.

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

Italy-Namibia Trade: In 2022, Italy exported $136M to Namibia. The main products that Italy exported to Namibia were Refined Petroleum ($111M), Other Iron Products ($1.8M), and Stone Working Machines ($1.55M). Over the past 5 years the exports of Italy to Namibia have increased at an annualized rate of 6.25%, from $100M in 2017 to $136M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $68.2M to Italy. The main products exported from Namibia to Italy were Fish Fillets ($30.2M), Marble, Travertine and Alabaster ($23.6M), and Non-fillet Frozen Fish ($9.56M). During the last 5 years the exports of Namibia to Italy have decreased at an annualized rate of 26.6%, from $320M in 2017 to $68.2M in 2022.

In 2017, Italy exported $136M to Namibia. The main products exported from Italy to Namibia were Refined Petroleum ($111M), Other Iron Products ($1.8M), and Stone Working Machines ($1.55M). During the last 5 years the exports of Italy to Namibia have increased at an annualized rate of 6.25%, from $100M in 2022 to $136M in 2017.

Exports from Namibia () to Italy () (2022)

Exports from Italy () to Namibia () (2022)

Latest Data

Trade between Namibia () and Italy ()

Namibia Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from Namibia than Italy included Botswana ($672M), Zambia ($279M), and Democratic Republic of the Congo ($251M).

In 2022, countries that imported more from Italy than Namibia included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy () and Namibia () (2022)

Comparative Advantage Namibia - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Italy in the exports of Animal Products ($39.8M), Mineral Products ($23.8M), and Animal Hides ($2.06M).

During 2017, Italy had a large net trade with Namibia in the exports of Mineral Products ($111M), Machines ($11.3M), and Chemical Products ($4.53M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Italy+$2.9MNon-fillet Frozen Fish

Top Product Potential Italy Namibia+$1.26MPackaged Medicaments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Italy () (2022)

Exports from Italy () to Namibia () (2022)

Latest Data

Trade between Namibia () and Italy ()

Namibia Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Namibia () (2022)

Comparative Advantage Namibia - Italy

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Namibia () and Italy () (2022)

Keep Exploring