Namibia (NAM) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Namibia-Russia Trade: In 2022, Namibia exported $2.26M to Russia. The main products that Namibia exported to Russia were Molluscs ($765k), Paper Containers ($483k), and Processed Crustaceans ($412k). Over the past 5 years the exports of Namibia to Russia have decreased at an annualized rate of 21.4%, from $7.54M in 2017 to $2.26M in 2022.

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

Russia-Namibia Trade: In 2022, Russia exported $16M to Namibia. The main products that Russia exported to Namibia were Nitrogenous Fertilizers ($13.3M), Brochures ($1.3M), and Sulphur ($344k). Over the past 5 years the exports of Russia to Namibia have increased at an annualized rate of 8.71%, from $8.89M in 2017 to $16M in 2022.

In 2020, Russia exported services to Namibia worth $367k, with Other business services ($272k), Transportation ($40k), and Computer and information services ($32k) being the largest in terms of value.

Comparison: In 2022, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $2.26M to Russia. The main products exported from Namibia to Russia were Molluscs ($765k), Paper Containers ($483k), and Processed Crustaceans ($412k). During the last 5 years the exports of Namibia to Russia have decreased at an annualized rate of 21.4%, from $7.54M in 2017 to $2.26M in 2022.

In 2017, Russia exported $16M to Namibia. The main products exported from Russia to Namibia were Nitrogenous Fertilizers ($13.3M), Brochures ($1.3M), and Sulphur ($344k). During the last 5 years the exports of Russia to Namibia have increased at an annualized rate of 8.71%, from $8.89M in 2022 to $16M in 2017.

Exports from Namibia () to Russia () (2022)

Exports from Russia () to Namibia () (2022)

Latest Data

Trade between Namibia () and Russia ()

Namibia Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Russia
Top DestinationChina$101B

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

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

In 2022, countries that imported more from Russia than Namibia included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Namibia () (2022)

Comparative Advantage Namibia - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Russia in the exports of Animal Products ($862k), Paper Goods ($483k), and Foodstuffs ($427k).

During 2017, Russia had a large net trade with Namibia in the exports of Chemical Products ($13.3M), Paper Goods ($1.31M), and Mineral Products ($344k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Russia+$1.07MRefined Petroleum

Top Product Potential Russia Namibia+$324kSulphur

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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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Namibia worth $367k, with Other business services ($272k), Transportation ($40k), and Computer and information services ($32k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Namibia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Namibia () to Russia () (2022)

Exports from Russia () to Namibia () (2022)

Latest Data

Trade between Namibia () and Russia ()

Namibia Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Namibia () (2022)

Comparative Advantage Namibia - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Namibia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Namibia () and Russia () (2022)

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