2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 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
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186

About

Namibia-Uruguay Trade: In 2022, Namibia exported $57.8k to Uruguay. The main products that Namibia exported to Uruguay were Non-fillet Fresh Fish ($55.8k), Perfume Plants ($922), and Glass Mirrors ($497). Over the past 5 years the exports of Namibia to Uruguay have decreased at an annualized rate of 56.8%, from $3.83M in 2017 to $57.8k in 2022.

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

Uruguay-Namibia Trade: In 2022, Uruguay exported $857k to Namibia. The main products that Uruguay exported to Namibia were Vaccines, blood, antisera, toxins and cultures ($600k), Animal Organs ($81.3k), and Raw Plastic Sheeting ($52.4k). Over the past 5 years the exports of Uruguay to Namibia have increased at an annualized rate of 19.8%,  from $347k in 2017 to $857k in 2022.

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $57.8k to Uruguay. The main products exported from Namibia to Uruguay were Non-fillet Fresh Fish ($55.8k), Perfume Plants ($922), and Glass Mirrors ($497). During the last 5 years the exports of Namibia to Uruguay have decreased at an annualized rate of 56.8%, from $3.83M in 2017 to $57.8k in 2022.

In 2017, Uruguay exported $857k to Namibia. The main products exported from Uruguay to Namibia were Vaccines, blood, antisera, toxins and cultures ($600k), Animal Organs ($81.3k), and Raw Plastic Sheeting ($52.4k). During the last 5 years the exports of Uruguay to Namibia have increased at an annualized rate of 19.8%, from $347k in 2022 to $857k in 2017.

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

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

Latest Data

Trade between Namibia (Flag) and Uruguay (Flag)

Namibia Exports

Uruguay Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Uruguay
Top Destination
China$2.89B

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

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

In 2022, countries that imported more from Uruguay than Namibia included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

Comparative Advantage Namibia - Uruguay

Flow
Scale

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

During 2022, Namibia had a large net trade with Uruguay in the exports of Animal Products ($55.8k), Vegetable Products ($922), and Chemical Products ($536).

During 2017, Uruguay had a large net trade with Namibia in the exports of Chemical Products ($637k), Animal Products ($104k), and Plastics and Rubbers ($52.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Uruguay+$4.21kNon-fillet Fresh Fish
Top Product Potential Uruguay Namibia+$36.6kNon-fillet Frozen Fish

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

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

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