2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Namibia-Vietnam Trade: In 2022, Namibia exported $1.5M to Vietnam. The main products that Namibia exported to Vietnam were Crustaceans ($821k), Rough Wood ($497k), and Sawn Wood ($177k). Over the past 5 years the exports of Namibia to Vietnam have decreased at an annualized rate of 5.6%, from $2M in 2017 to $1.5M in 2022.

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

Vietnam-Namibia Trade: In 2022, Vietnam exported $2.98M to Namibia. The main products that Vietnam exported to Namibia were Textile Footwear ($564k), Office Machine Parts ($239k), and Non-fillet Frozen Fish ($203k). Over the past 5 years the exports of Vietnam to Namibia have increased at an annualized rate of 17.2%,  from $1.34M in 2017 to $2.98M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $1.5M to Vietnam. The main products exported from Namibia to Vietnam were Crustaceans ($821k), Rough Wood ($497k), and Sawn Wood ($177k). During the last 5 years the exports of Namibia to Vietnam have decreased at an annualized rate of 5.6%, from $2M in 2017 to $1.5M in 2022.

In 2017, Vietnam exported $2.98M to Namibia. The main products exported from Vietnam to Namibia were Textile Footwear ($564k), Office Machine Parts ($239k), and Non-fillet Frozen Fish ($203k). During the last 5 years the exports of Vietnam to Namibia have increased at an annualized rate of 17.2%, from $1.34M in 2022 to $2.98M in 2017.

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

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

Latest Data

Trade between Namibia (Flag) and Vietnam (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Vietnam than Namibia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Namibia - Vietnam

Flow
Scale

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

During 2022, Namibia had a large net trade with Vietnam in the exports of Animal Products ($821k), Wood Products ($674k), and Mineral Products ($397).

During 2017, Vietnam had a large net trade with Namibia in the exports of Footwear and Headwear ($969k), Machines ($764k), and Textiles ($244k).

Potential Exports

Potential Exports

Depth
View
Sort By
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.

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Economic Complexity

Competitive Landscape

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.

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

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