2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 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
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Namibia-Portugal Trade: In 2023, Namibia exported $28.8M to Portugal. The main products that Namibia exported to Portugal were Fish Fillets ($15M), Non-fillet Frozen Fish ($5.29M), and Crustaceans ($4.71M). Over the past 5 years the exports of Namibia to Portugal have decreased at an annualized rate of 1.76%, from $31.4M in 2018 to $28.8M in 2023.

In 2023, Namibia did not export any services to Portugal.

Portugal-Namibia Trade: In 2023, Portugal exported $9.69M to Namibia. The main products that Portugal exported to Namibia were Delivery Trucks ($3.5M), Nonaqueous Paints ($1.08M), and Cars ($716k). Over the past 5 years the exports of Portugal to Namibia have increased at an annualized rate of 7.97%,  from $6.61M in 2018 to $9.69M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $28.8M to Portugal. The main products exported from Namibia to Portugal were Fish Fillets ($15M), Non-fillet Frozen Fish ($5.29M), and Crustaceans ($4.71M). During the last 5 years the exports of Namibia to Portugal have decreased at an annualized rate of 1.76%, from $31.4M in 2018 to $28.8M in 2023.

In 2018, Portugal exported $9.69M to Namibia. The main products exported from Portugal to Namibia were Delivery Trucks ($3.5M), Nonaqueous Paints ($1.08M), and Cars ($716k). During the last 5 years the exports of Portugal to Namibia have increased at an annualized rate of 7.97%, from $6.61M in 2023 to $9.69M in 2018.

Exports from Namibia (Flag) to Portugal (Flag) (2023)

Exports from Portugal (Flag) to Namibia (Flag) (2023)

Latest Data

Trade between Namibia (Flag) and Portugal (Flag)

Namibia Exports

Portugal Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Portugal
Top Destination
Spain$17.7B

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

In 2023, countries that imported more from Namibia than Portugal included South Africa ($1.71B), Botswana ($504M), and Zambia ($329M).

In 2023, countries that imported more from Portugal than Namibia included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

Difference in imports from Portugal (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - Portugal

Flow
Scale

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

During 2023, Namibia had a large net trade with Portugal in the exports of Animal Products ($25.1M), Wood Products ($1.53M), and Foodstuffs ($1.28M).

During 2018, Portugal had a large net trade with Namibia in the exports of Transportation ($4.55M), Chemical Products ($1.21M), and Foodstuffs ($1.08M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Portugal+$1.62MNon-fillet Frozen Fish
Top Product Potential Portugal Namibia+$371kRefined Petroleum

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

Product Space of Namibia (Flag) and Portugal (Flag) (2023)

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