Namibia (NAM) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Namibia-Mexico Trade: In 2022, Namibia exported $59.8k to Mexico. The main products that Namibia exported to Mexico were Collector's Items ($55.5k), Valves ($2.21k), and Iron Fasteners ($1.27k). Over the past 5 years the exports of Namibia to Mexico have decreased at an annualized rate of 76.2%, from $78.1M in 2017 to $59.8k in 2022.

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

Mexico-Namibia Trade: In 2022, Mexico exported $5.79M to Namibia. The main products that Mexico exported to Namibia were Liquid Pumps ($1.03M), Yeast ($638k), and Hard Liquor ($515k). Over the past 5 years the exports of Mexico to Namibia have decreased at an annualized rate of 12.4%, from $11.2M in 2017 to $5.79M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $59.8k to Mexico. The main products exported from Namibia to Mexico were Collector's Items ($55.5k), Valves ($2.21k), and Iron Fasteners ($1.27k). During the last 5 years the exports of Namibia to Mexico have decreased at an annualized rate of 76.2%, from $78.1M in 2017 to $59.8k in 2022.

In 2017, Mexico exported $5.79M to Namibia. The main products exported from Mexico to Namibia were Liquid Pumps ($1.03M), Yeast ($638k), and Hard Liquor ($515k). During the last 5 years the exports of Mexico to Namibia have decreased at an annualized rate of 12.4%, from $11.2M in 2022 to $5.79M in 2017.

Exports from Namibia () to Mexico () (2022)

Exports from Mexico () to Namibia () (2022)

Latest Data

Trade between Namibia () and Mexico ()

Namibia Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Mexico
Top DestinationUnited States$421B

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

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

In 2022, countries that imported more from Mexico than Namibia included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Namibia - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Mexico in the exports of Arts and Antiques ($55.5k), Machines ($3.01k), and Metals ($1.27k).

During 2017, Mexico had a large net trade with Namibia in the exports of Machines ($3.53M), Foodstuffs ($1.29M), and Plastics and Rubbers ($288k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Mexico+$21kValves

Top Product Potential Mexico Namibia+$778kLiquid Pumps

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Mexico () (2022)

Exports from Mexico () to Namibia () (2022)

Latest Data

Trade between Namibia () and Mexico ()

Namibia Exports

Mexico Exports

Market Competitiveness

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

Comparative Advantage Namibia - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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