2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

Namibia-North Macedonia Trade: In 2022, Namibia exported $32.2k to North Macedonia. The main products that Namibia exported to North Macedonia were Fish Fillets ($31.5k), Low-voltage Protection Equipment ($537), and Precious Stones ($62). Over the past 5 years the exports of Namibia to North Macedonia have increased at an annualized rate of 170%, from $224 in 2017 to $32.2k in 2022.

In 2022, 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 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $32.2k to North Macedonia. The main products exported from Namibia to North Macedonia were Fish Fillets ($31.5k), Low-voltage Protection Equipment ($537), and Precious Stones ($62). During the last 5 years the exports of Namibia to North Macedonia have increased at an annualized rate of 170%, from $224 in 2017 to $32.2k in 2022.

North Macedonia does not register exports to Namibia. The main products exported from North Macedonia to Namibia were Packaged Medicaments ($17.3k), Medical Instruments ($14.5k), and Video and Card Games ($11.8k).

Exports from Namibia (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to Namibia (Flag) (2022)

Latest Data

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

North Macedonia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
North Macedonia
Top Destination
Germany$3.96B

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 2022, countries that imported more from Namibia than North Macedonia included South Africa ($1.75B), Botswana ($672M), and China ($628M).

In 2022, countries that imported more from North Macedonia than Namibia included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia (Flag) and Namibia (Flag) (2022)

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 2022, Namibia had a large net trade with North Macedonia in the exports of Animal Products ($31.5k), Machines ($537), and Precious Metals ($62).

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) (2022)

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