2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
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GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
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 GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 195
2023
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GDP PC 
$4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$33,767CURRENT US$
Rnk 38 / 196
2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195

About

Namibia-Japan Trade: In 2023, Namibia exported $6.28M to Japan. The main products that Namibia exported to Japan were Crustaceans ($2.87M), Animal Meal and Pellets ($2.14M), and Non-Iron and Steel Slag, Ash and Residues ($385k). Over the past 5 years the exports of Namibia to Japan have decreased at an annualized rate of 4.57%, from $7.94M in 2018 to $6.28M in 2023.

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

Japan-Namibia Trade: In 2023, Japan exported $114M to Namibia. The main products that Japan exported to Namibia were Rubber Tires ($28.5M), Cars ($24.9M), and Large Construction Vehicles ($9.12M). Over the past 5 years the exports of Japan to Namibia have increased at an annualized rate of 18.8%,  from $48.2M in 2018 to $114M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $6.28M to Japan. The main products exported from Namibia to Japan were Crustaceans ($2.87M), Animal Meal and Pellets ($2.14M), and Non-Iron and Steel Slag, Ash and Residues ($385k). During the last 5 years the exports of Namibia to Japan have decreased at an annualized rate of 4.57%, from $7.94M in 2018 to $6.28M in 2023.

In 2018, Japan exported $114M to Namibia. The main products exported from Japan to Namibia were Rubber Tires ($28.5M), Cars ($24.9M), and Large Construction Vehicles ($9.12M). During the last 5 years the exports of Japan to Namibia have increased at an annualized rate of 18.8%, from $48.2M in 2023 to $114M in 2018.

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

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

Latest Data

Trade between Namibia (Flag) and Japan (Flag)

Namibia Exports

Japan Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Japan
Top Destination
United States$143B

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

In 2023, countries that imported more from Namibia than Japan included Botswana ($504M), Saint Helena ($1.56M), and Norfolk Island ($76.8k).

In 2023, countries that imported more from Japan than Namibia included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Namibia - Japan

Flow
Scale

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

During 2023, Namibia had a large net trade with Japan in the exports of Animal Products ($2.95M), Foodstuffs ($2.46M), and Mineral Products ($400k).

During 2018, Japan had a large net trade with Namibia in the exports of Transportation ($36.4M), Plastics and Rubbers ($30.4M), and Machines ($27.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Japan+$5.4MNon-fillet Frozen Fish
Top Product Potential Japan Namibia+$8.28MCars

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

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

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