2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH
88.1%CURRENT US$
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2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Nepal-Namibia Trade: In 2022, Nepal exported $17.8k to Namibia. The main products that Nepal exported to Namibia were Tea ($14.3k), Non-Knit Women's Suits ($1.99k), and Non-Knit Men's Suits ($742). Over the past 6 years the exports of Nepal to Namibia have decreased at an annualized rate of 8.86%, from $31.1k in 2016 to $17.8k in 2022.

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

Namibia-Nepal Trade: In 2022, Namibia exported $539k to Nepal. The main products that Namibia exported to Nepal were Raw Zinc ($520k), Office Machine Parts ($7.83k), and Computers ($5.84k). Over the past 6 years the exports of Namibia to Nepal have increased at an annualized rate of 27%,  from $163k in 2016 to $539k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $17.8k to Namibia. The main products exported from Nepal to Namibia were Tea ($14.3k), Non-Knit Women's Suits ($1.99k), and Non-Knit Men's Suits ($742). During the last 6 years the exports of Nepal to Namibia have decreased at an annualized rate of 8.86%, from $31.1k in 2016 to $17.8k in 2022.

In 2017, Namibia exported $539k to Nepal. The main products exported from Namibia to Nepal were Raw Zinc ($520k), Office Machine Parts ($7.83k), and Computers ($5.84k). During the last 5 years the exports of Namibia to Nepal have increased at an annualized rate of 27%, from $163k in 2022 to $539k in 2017.

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

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

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Nepal than Namibia included India ($956M), Turkey ($28.3M), and Central African Republic ($8.88M).

In 2022, countries that imported more from Namibia than Nepal included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

Comparative Advantage Nepal - Namibia

Flow
Scale

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

During 2022, Nepal had a large net trade with Namibia in the exports of Vegetable Products ($14.3k), Textiles ($3.33k), and Metals ($146).

During 2017, Namibia had a large net trade with Nepal in the exports of Metals ($520k), Machines ($15.2k), and Plastics and Rubbers ($1.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Namibia+$16.1kTea
Top Product Potential Namibia Nepal+$10.5kComputers

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

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

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