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Pricing

2022
Flag → Flag
Exports $1Rnk 173 / 173
2022
Flag → Flag
Top Product $1Flavored Water
2022
Flag → Flag
Exports $40.6kRnk 51 / 95
2022
Flag → Flag
Top Product $34.7kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 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$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Namibia-Somalia Trade: In 2022, Namibia exported $1 to Somalia. The main products that Namibia exported to Somalia were Flavored Water ($1). Over the past 7 years the exports of Namibia to Somalia have decreased at an annualized rate of 72.2%, from $7.77k in 2015 to $1 in 2022.

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

Somalia-Namibia Trade: In 2022, Somalia exported $40.6k to Namibia. The main products that Somalia exported to Namibia were Hard Liquor ($34.7k), Rubber Belting ($5.72k), and Knit T-shirts ($113). Over the past 7 years the exports of Somalia to Namibia have increased at an annualized rate of 267%,  from $61 in 2015 to $40.6k in 2022.

In 2022, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $1 to Somalia. The main products exported from Namibia to Somalia were Flavored Water ($1). During the last 7 years the exports of Namibia to Somalia have decreased at an annualized rate of 72.2%, from $7.77k in 2015 to $1 in 2022.

In 2017, Somalia exported $40.6k to Namibia. The main products exported from Somalia to Namibia were Hard Liquor ($34.7k), Rubber Belting ($5.72k), and Knit T-shirts ($113). During the last 5 years the exports of Somalia to Namibia have increased at an annualized rate of 267%, from $61 in 2022 to $40.6k in 2017.

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

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

Latest Data

Trade between Namibia (Flag) and Somalia (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Somalia
Top DestinationUnited Arab Emirates$283M

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

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

In 2022, countries that imported more from Somalia than Namibia included Oman ($173M), United Arab Emirates ($283M), and Bulgaria ($18.5M).

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

Comparative Advantage Namibia - Somalia

Flow
Scale

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

During 2022, Namibia had a large net trade with Somalia in the exports of Foodstuffs ($1).

During 2017, Somalia had a large net trade with Namibia in the exports of Foodstuffs ($34.7k), Plastics and Rubbers ($5.72k), and Textiles ($152).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Somalia+$2.08kRefined Petroleum
Top Product Potential Somalia Namibia+$1.17kCrustaceans

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

Product Space of Namibia (Flag) and Somalia (Flag) (2022)

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