Namibia (NAM) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

About

Namibia-Vietnam Trade: In 2023, Namibia exported $3.99M to Vietnam. The main products that Namibia exported to Vietnam were Crustaceans ($2.64M), Rolled Tobacco ($1.08M), and Rough Wood ($101k). Over the past 5 years the exports of Namibia to Vietnam have decreased at an annualized rate of 8.52%, from $6.23M in 2018 to $3.99M in 2023.

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

Vietnam-Namibia Trade: In 2023, Vietnam exported $4.59M to Namibia. The main products that Vietnam exported to Namibia were Bedspreads ($637k), Broadcasting Equipment ($613k), and Office Machine Parts ($408k). Over the past 5 years the exports of Vietnam to Namibia have increased at an annualized rate of 15.7%, from $2.21M in 2018 to $4.59M in 2023.

In 2023, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Namibia exported $3.99M to Vietnam. The main products exported from Namibia to Vietnam were Crustaceans ($2.64M), Rolled Tobacco ($1.08M), and Rough Wood ($101k). During the last 5 years the exports of Namibia to Vietnam have decreased at an annualized rate of 8.52%, from $6.23M in 2018 to $3.99M in 2023.

In 2018, Vietnam exported $4.59M to Namibia. The main products exported from Vietnam to Namibia were Bedspreads ($637k), Broadcasting Equipment ($613k), and Office Machine Parts ($408k). During the last 5 years the exports of Vietnam to Namibia have increased at an annualized rate of 15.7%, from $2.21M in 2023 to $4.59M in 2018.

Exports from Namibia () to Vietnam () (2023)

Exports from Vietnam () to Namibia () (2023)

Latest Data

Trade between Namibia () and Vietnam ()

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.71B

Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Namibia than Vietnam included South Africa ($1.71B), Botswana ($504M), and Zambia ($329M).

In 2023, countries that imported more from Vietnam than Namibia included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

Comparative Advantage Namibia - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Namibia had a large net trade with Vietnam in the exports of Animal Products ($2.64M), Foodstuffs ($1.15M), and Wood Products ($170k).

During 2018, Vietnam had a large net trade with Namibia in the exports of Machines ($1.63M), Footwear and Headwear ($936k), and Textiles ($881k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Vietnam+$654kCrustaceans

Top Product Potential Vietnam Namibia+$861kTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Vietnam () (2023)

Exports from Vietnam () to Namibia () (2023)

Latest Data

Trade between Namibia () and Vietnam ()

Namibia Exports

Market Competitiveness

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

Comparative Advantage Namibia - Vietnam

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring