2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 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
$8,624CURRENT US$
Rnk 92 / 196
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195

About

Namibia-North Macedonia Trade: In 2023, Namibia exported $7.43k to North Macedonia. The main products that Namibia exported to North Macedonia were Crustaceans ($6.69k), Fish Fillets ($610), and Precious Stones ($94). Over the past 5 years the exports of Namibia to North Macedonia have decreased at an annualized rate of 33.2%, from $56k in 2018 to $7.43k in 2023.

In 2023, Namibia did not export any services to North Macedonia.

North Macedonia-Namibia In N/A, North Macedonia did not export any products to Namibia.

In 2023, North Macedonia 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, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $7.43k to North Macedonia. The main products exported from Namibia to North Macedonia were Crustaceans ($6.69k), Fish Fillets ($610), and Precious Stones ($94). During the last 5 years the exports of Namibia to North Macedonia have decreased at an annualized rate of 33.2%, from $56k in 2018 to $7.43k in 2023.

North Macedonia does not register exports to Namibia. The main products exported from North Macedonia to Namibia were Other Rubber Products ($4.6k), Medical Instruments ($3.57k), and Balances ($1.38k).

Exports from Namibia (Flag) to North Macedonia (Flag) (2023)

Exports from North Macedonia (Flag) to Namibia (Flag) (2023)

Latest Data

Trade between Namibia (Flag) and North Macedonia (Flag)

North Macedonia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
North Macedonia
Top Destination
Germany$4B

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

In 2023, countries that imported more from Namibia than North Macedonia included South Africa ($1.71B), China ($752M), and Botswana ($504M).

In 2023, countries that imported more from North Macedonia than Namibia included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

Difference in imports from North Macedonia (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - North Macedonia

Flow
Scale

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

During 2023, Namibia had a large net trade with North Macedonia in the exports of Animal Products ($7.3k), Precious Metals ($94), and Transportation ($19).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia North Macedonia+$28.6kFish Fillets
Top Product Potential North Macedonia Namibia+$40.8kPackaged 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.

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Economic Complexity

Competitive Landscape

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

Product Space of Namibia (Flag) and North Macedonia (Flag) (2023)

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