2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Namibia-North Korea Trade: In 2022, Namibia exported $99.6k to North Korea. The main products that Namibia exported to North Korea were Non-fillet Frozen Fish ($99.6k). 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 $17.7k to Namibia. The main products that North Korea exported to Namibia were Valves ($9.1k), Computers ($1.5k), and Packaged Medicaments ($1.2k). Over the past 18 years the exports of North Korea to Namibia have increased at an annualized rate of 74.5%,  from $1.09k in 2004 to $17.7k in 2022.

In 2022, North Korea 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 Korea ranked 182 in total exports ($248M), 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. The main products exported from Namibia to North Korea were Non-fillet Frozen Fish ($99.6k). 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 2017, North Korea exported $17.7k to Namibia. The main products exported from North Korea to Namibia were Valves ($9.1k), Computers ($1.5k), and Packaged Medicaments ($1.2k). During the last 5 years the exports of North Korea to Namibia have increased at an annualized rate of 74.5%, from $1.09k in 2022 to $17.7k in 2017.

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

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

Latest Data

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

Namibia Exports

Date

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
North Korea
Top Destination
China$131M

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

In 2022, countries that imported more from North Korea than Namibia included Senegal ($26.9M), Suriname ($4.51M), and Niger ($3.45M).

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

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 Animal Products ($99.6k).

During 2017, North Korea had a large net trade with Namibia in the exports of Machines ($12.4k), Plastics and Rubbers ($1.79k), and Chemical Products ($1.29k).

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with