2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
GDP PC 
$4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

Namibia-North Korea Trade: In 2022, Namibia exported $99.6k to North Korea. The main products that Namibia exported to North Korea were N/A. Over the past 18 years the exports of Namibia to North Korea have decreased at an annualized rate of 19.8%, from $5.3M in 2004 to $99.6k in 2022.

In 2022, Namibia did not export any services to North Korea.

North Korea-Namibia Trade: In 2022, North Korea exported $4.2k to Namibia. The main products that North Korea exported to Namibia were Other Iron Products ($2.94k), Jewellery ($455), and Nonaqueous Pigments ($376). Over the past 18 years the exports of North Korea to Namibia have increased at an annualized rate of 10.6%,  from $2.07k in 2004 to $4.2k in 2022.

In 2022, North Korea 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 Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $99.6k to North Korea. There were not main exports from Namibia to North Korea in 2022. During the last 18 years the exports of Namibia to North Korea have decreased at an annualized rate of 19.8%, from $5.3M in 2004 to $99.6k in 2022.

In 2018, North Korea exported $4.2k to Namibia. The main products exported from North Korea to Namibia were Other Iron Products ($2.94k), Jewellery ($455), and Nonaqueous Pigments ($376). During the last 5 years the exports of North Korea to Namibia have increased at an annualized rate of 10.6%, from $2.07k in 2023 to $4.2k in 2018.

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

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

Latest Data

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

Namibia Exports

Date

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
North Korea
Top Destination
China$292M

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

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

In 2023, countries that imported more from North Korea than Namibia included Senegal ($10.3M), Liberia ($5.74M), and Togo ($4.69M).

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

Comparative Advantage Namibia - North Korea

Flow
Scale

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

During 2022, Namibia had a large net trade with North Korea in the exports of .

During 2018, North Korea had a large net trade with Namibia in the exports of Metals ($3k), Precious Metals ($455), and Chemical Products ($376).

Economic Complexity

Competitive Landscape

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

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

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