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2023
Flag → Flag
Exports $21MRnk 25 / 180
2023
Flag → Flag
Top Product $19.3MTin Ores
2023
Flag → Flag
Exports $21.1MRnk 144 / 216
2023
Flag → Flag
Top Product $7.41MProcessed Fish
2023
Flag
Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Namibia-Thailand Trade: In 2023, Namibia exported $21M to Thailand. The main products that Namibia exported to Thailand were Tin Ores ($19.3M), Diamonds ($1.22M), and Marble, Travertine and Alabaster ($167k). Over the past 5 years the exports of Namibia to Thailand have increased at an annualized rate of 83.7%, from $1M in 2018 to $21M in 2023.

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

Thailand-Namibia Trade: In 2023, Thailand exported $21.1M to Namibia. The main products that Thailand exported to Namibia were Processed Fish ($7.41M), Motor vehicles; parts and accessories (8701 to 8705) ($2.16M), and Rubber Tires ($1.74M). Over the past 5 years the exports of Thailand to Namibia have increased at an annualized rate of 17.3%,  from $9.53M in 2018 to $21.1M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Latest Data

Trade between Namibia (Flag) and Thailand (Flag)

Namibia Exports

Thailand Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.71B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Namibia than Thailand included Botswana ($504M), Zambia ($329M), and Democratic Republic of the Congo ($150M).

In 2023, countries that imported more from Thailand than Namibia included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Thailand+$3.97MDiamonds
Top Product Potential Thailand Namibia+$2.62MDelivery Trucks

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

Product Space of Namibia (Flag) and Thailand (Flag) (NaN)

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