2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 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
$33,730CURRENT US$
Rnk 39 / 196
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195

About

Namibia-Kuwait Trade: In 2023, Namibia exported $1.97M to Kuwait. The main products that Namibia exported to Kuwait were Wood Charcoal ($1.61M), Fuel Wood ($232k), and Grapes ($54.5k). Over the past 5 years the exports of Namibia to Kuwait have increased at an annualized rate of 19.8%, from $797k in 2018 to $1.97M in 2023.

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

Kuwait-Namibia Trade: In 2023, Kuwait exported $248 to Namibia. The main products that Kuwait exported to Namibia were Other Cloth Articles ($106), Other Footwear ($100), and Beauty Products ($42). Over the past 5 years the exports of Kuwait to Namibia have decreased at an annualized rate of 53.7%,  from $11.6k in 2018 to $248 in 2023.

In 2023, Kuwait 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, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $1.97M to Kuwait. The main products exported from Namibia to Kuwait were Wood Charcoal ($1.61M), Fuel Wood ($232k), and Grapes ($54.5k). During the last 5 years the exports of Namibia to Kuwait have increased at an annualized rate of 19.8%, from $797k in 2018 to $1.97M in 2023.

In 2018, Kuwait exported $248 to Namibia. The main products exported from Kuwait to Namibia were Other Cloth Articles ($106), Other Footwear ($100), and Beauty Products ($42). During the last 5 years the exports of Kuwait to Namibia have decreased at an annualized rate of 53.7%, from $11.6k in 2023 to $248 in 2018.

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

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

Latest Data

Trade between Namibia (Flag) and Kuwait (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Kuwait
Top Destination
China$17.4B

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

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

In 2023, countries that imported more from Kuwait than Namibia included China ($17.4B), India ($9.51B), and Japan ($9.13B).

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

Comparative Advantage Namibia - Kuwait

Flow
Scale

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

During 2023, Namibia had a large net trade with Kuwait in the exports of Wood Products ($1.87M), Vegetable Products ($71.4k), and Textiles ($9.91k).

During 2018, Kuwait had a large net trade with Namibia in the exports of Textiles ($106), Footwear and Headwear ($100), and Chemical Products ($42).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Kuwait+$117kGrapes
Top Product Potential Kuwait Namibia+$4.92kRefined 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

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

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

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