Namibia (NAM) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Namibia-Somalia Trade: In 2023, Namibia exported $3 to Somalia. The main products that Namibia exported to Somalia were Flavored Water ($3). Over the past 7 years the exports of Namibia to Somalia have decreased at an annualized rate of 59.8%, from $1.76k in 2016 to $3 in 2023.

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

Somalia-Namibia In N/A, Somalia did not export any products to Namibia.

In 2023, Somalia 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, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Namibia exported $3 to Somalia. The main products exported from Namibia to Somalia were Flavored Water ($3). During the last 7 years the exports of Namibia to Somalia have decreased at an annualized rate of 59.8%, from $1.76k in 2016 to $3 in 2023.

Somalia does not register exports to Namibia. The main products exported from Somalia to Namibia were Office Machine Parts ($314k), Excavation Machinery ($4.05k), and Iron Blocks ($2.95k).

Exports from Namibia () to Somalia () (2023)

Exports from Somalia () to Namibia () (2023)

Latest Data

Trade between Namibia () and Somalia ()

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from Somalia than Namibia included Saudi Arabia ($283M), Oman ($180M), and Djibouti ($84.2M).

Difference in imports from Somalia () and Namibia () (2023)

Comparative Advantage Namibia - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Somalia in the exports of Foodstuffs ($3).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Namibia () to Somalia () (2023)

Exports from Somalia () to Namibia () (2023)

Latest Data

Trade between Namibia () and Somalia ()

Namibia Exports

Market Competitiveness

Difference in imports from Somalia () and Namibia () (2023)

Comparative Advantage Namibia - Somalia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and Somalia () (2023)

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