Namibia (NAM) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Namibia-Singapore Trade: In 2022, Namibia exported $91.5M to Singapore. The main products that Namibia exported to Singapore were Diamonds ($45.1M), Refined Copper ($15.5M), and Non-fillet Frozen Fish ($13.6M). Over the past 5 years the exports of Namibia to Singapore have increased at an annualized rate of 1.27%, from $85.9M in 2017 to $91.5M in 2022.

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

Singapore-Namibia Trade: In 2022, Singapore exported $27.9M to Namibia. The main products that Singapore exported to Namibia were Planes, Helicopters, and/or Spacecraft ($12M), Refined Petroleum ($7.2M), and Aircraft Parts ($2.69M). Over the past 5 years the exports of Singapore to Namibia have increased at an annualized rate of 13.9%, from $14.6M in 2017 to $27.9M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $91.5M to Singapore. The main products exported from Namibia to Singapore were Diamonds ($45.1M), Refined Copper ($15.5M), and Non-fillet Frozen Fish ($13.6M). During the last 5 years the exports of Namibia to Singapore have increased at an annualized rate of 1.27%, from $85.9M in 2017 to $91.5M in 2022.

In 2017, Singapore exported $27.9M to Namibia. The main products exported from Singapore to Namibia were Planes, Helicopters, and/or Spacecraft ($12M), Refined Petroleum ($7.2M), and Aircraft Parts ($2.69M). During the last 5 years the exports of Singapore to Namibia have increased at an annualized rate of 13.9%, from $14.6M in 2022 to $27.9M in 2017.

Exports from Namibia () to Singapore () (2022)

Exports from Singapore () to Namibia () (2022)

Latest Data

Trade between Namibia () and Singapore ()

Namibia Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Namibia included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Namibia - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Singapore in the exports of Precious Metals ($45.1M), Animal Products ($19.1M), and Metals ($17.4M).

During 2017, Singapore had a large net trade with Namibia in the exports of Transportation ($14.7M), Mineral Products ($7.2M), and Machines ($1.73M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Singapore+$6MDiamonds

Top Product Potential Singapore Namibia+$10MRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Singapore () (2022)

Exports from Singapore () to Namibia () (2022)

Latest Data

Trade between Namibia () and Singapore ()

Namibia Exports

Singapore Exports

Market Competitiveness

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

Comparative Advantage Namibia - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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