2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 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
$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195

About

Namibia-Rwanda Trade: In 2023, Namibia exported $360k to Rwanda. The main products that Namibia exported to Rwanda were Wine ($153k), Other Fermented Beverages ($89.4k), and Engine Parts ($46.7k). Over the past 5 years the exports of Namibia to Rwanda have increased at an annualized rate of 51.1%, from $45.6k in 2018 to $360k in 2023.

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

Rwanda-Namibia Trade: In 2023, Rwanda exported $20.8k to Namibia. The main products that Rwanda exported to Namibia were Air Pumps ($7.3k), Packaged Medicaments ($7.28k), and Unpackaged Medicaments ($3.89k). Over the past 5 years the exports of Rwanda to Namibia have increased at an annualized rate of 61.4%,  from $1.9k in 2018 to $20.8k in 2023.

In 2023, Rwanda 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, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $360k to Rwanda. The main products exported from Namibia to Rwanda were Wine ($153k), Other Fermented Beverages ($89.4k), and Engine Parts ($46.7k). During the last 5 years the exports of Namibia to Rwanda have increased at an annualized rate of 51.1%, from $45.6k in 2018 to $360k in 2023.

In 2018, Rwanda exported $20.8k to Namibia. The main products exported from Rwanda to Namibia were Air Pumps ($7.3k), Packaged Medicaments ($7.28k), and Unpackaged Medicaments ($3.89k). During the last 5 years the exports of Rwanda to Namibia have increased at an annualized rate of 61.4%, from $1.9k in 2023 to $20.8k in 2018.

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

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

Latest Data

Trade between Namibia (Flag) and Rwanda (Flag)

Namibia Exports

Rwanda Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Rwanda
Top Destination
United Arab Emirates$895M

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

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

In 2023, countries that imported more from Rwanda than Namibia included United Arab Emirates ($895M), Kenya ($34.5M), and Pakistan ($26.8M).

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

Comparative Advantage Namibia - Rwanda

Flow
Scale

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

During 2023, Namibia had a large net trade with Rwanda in the exports of Foodstuffs ($260k), Machines ($70.2k), and Transportation ($25.4k).

During 2018, Rwanda had a large net trade with Namibia in the exports of Chemical Products ($11.2k), Machines ($8.26k), and Metals ($483).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Rwanda+$27.8kHard Liquor
Top Product Potential Rwanda Namibia+$1.38kCoffee

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

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

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