2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 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
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

Namibia-Oman Trade: In 2022, Namibia exported $94.3k to Oman. The main products that Namibia exported to Oman were Grapes ($65.4k) and Wood Charcoal ($28.9k). Over the past 5 years the exports of Namibia to Oman have increased at an annualized rate of 38.3%, from $18.7k in 2017 to $94.3k in 2022.

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

Oman-Namibia Trade: In 2022, Oman exported $51.2M to Namibia. The main products that Oman exported to Namibia were Refined Petroleum ($50.8M), Packaged Medicaments ($231k), and Non-fillet Frozen Fish ($142k). Over the past 5 years the exports of Oman to Namibia have increased at an annualized rate of 38.4%,  from $10.1M in 2017 to $51.2M in 2022.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $94.3k to Oman. The main products exported from Namibia to Oman were Grapes ($65.4k) and Wood Charcoal ($28.9k). During the last 5 years the exports of Namibia to Oman have increased at an annualized rate of 38.3%, from $18.7k in 2017 to $94.3k in 2022.

In 2017, Oman exported $51.2M to Namibia. The main products exported from Oman to Namibia were Refined Petroleum ($50.8M), Packaged Medicaments ($231k), and Non-fillet Frozen Fish ($142k). During the last 5 years the exports of Oman to Namibia have increased at an annualized rate of 38.4%, from $10.1M in 2022 to $51.2M in 2017.

Exports from Namibia (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and Oman (Flag)

Namibia Exports

Oman Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Oman
Top Destination
China$30.4B

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

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

In 2022, countries that imported more from Oman than Namibia included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

Difference in imports from Oman (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - Oman

Flow
Scale

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

During 2022, Namibia had a large net trade with Oman in the exports of Vegetable Products ($65.4k) and Wood Products ($28.9k).

During 2017, Oman had a large net trade with Namibia in the exports of Mineral Products ($50.8M), Chemical Products ($231k), and Animal Products ($142k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Oman+$87.8kGrapes
Top Product Potential Oman Namibia+$133kNon-fillet Frozen Fish

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

Product Space of Namibia (Flag) and Oman (Flag) (2022)

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