2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186

About

Namibia-Rwanda Trade: In 2022, Namibia exported $434k to Rwanda. The main products that Namibia exported to Rwanda were Concentrated Milk ($99k), Wine ($89.6k), and Other Fermented Beverages ($73.2k). Over the past 5 years the exports of Namibia to Rwanda have increased at an annualized rate of 9.08%, from $281k in 2017 to $434k in 2022.

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

Rwanda-Namibia Trade: In 2022, Rwanda exported $11.5k to Namibia. The main products that Rwanda exported to Namibia were Unpackaged Medicaments ($11.1k), Basketwork ($92), and Trunks and Cases ($74). Over the past 5 years the exports of Rwanda to Namibia have increased at an annualized rate of 48.5%,  from $1.07k in 2017 to $11.5k in 2022.

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $434k to Rwanda. The main products exported from Namibia to Rwanda were Concentrated Milk ($99k), Wine ($89.6k), and Other Fermented Beverages ($73.2k). During the last 5 years the exports of Namibia to Rwanda have increased at an annualized rate of 9.08%, from $281k in 2017 to $434k in 2022.

In 2017, Rwanda exported $11.5k to Namibia. The main products exported from Rwanda to Namibia were Unpackaged Medicaments ($11.1k), Basketwork ($92), and Trunks and Cases ($74). During the last 5 years the exports of Rwanda to Namibia have increased at an annualized rate of 48.5%, from $1.07k in 2022 to $11.5k in 2017.

Exports from Namibia (Flag) to Rwanda (Flag) (2022)

Exports from Rwanda (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and Rwanda (Flag)

Namibia Exports

Rwanda Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Rwanda
Top Destination
United Arab Emirates$568M

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

In 2022, countries that imported more from Rwanda than Namibia included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

Difference in imports from Rwanda (Flag) and Namibia (Flag) (2022)

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 2022, Namibia had a large net trade with Rwanda in the exports of Foodstuffs ($192k), Animal Products ($99k), and Machines ($64.3k).

During 2017, Rwanda had a large net trade with Namibia in the exports of Chemical Products ($11.2k), Wood Products ($92), and Animal Hides ($74).

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) (2022)

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