Nepal (NPL) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Nepal-Namibia Trade: In 2023, Nepal exported $2.72k to Namibia. The main products that Nepal exported to Namibia were Knit T-shirts ($739), Knit Men's Suits ($673), and Non-Knit Men's Suits ($437). Over the past 6 years the exports of Nepal to Namibia have decreased at an annualized rate of 30%, from $23.2k in 2017 to $2.72k in 2023.

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

Namibia-Nepal Trade: In 2023, Namibia exported $160k to Nepal. The main products that Namibia exported to Nepal were Fish Fillets ($160k). Over the past 6 years the exports of Namibia to Nepal have decreased at an annualized rate of 3.02%, from $192k in 2017 to $160k in 2023.

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

Comparison In 2023, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index. That same year, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $2.72k to Namibia. The main products exported from Nepal to Namibia were Knit T-shirts ($739), Knit Men's Suits ($673), and Non-Knit Men's Suits ($437). During the last 6 years the exports of Nepal to Namibia have decreased at an annualized rate of 30%, from $23.2k in 2017 to $2.72k in 2023.

In 2018, Namibia exported $160k to Nepal. The main products exported from Namibia to Nepal were Fish Fillets ($160k). During the last 5 years the exports of Namibia to Nepal have decreased at an annualized rate of 3.02%, from $192k in 2023 to $160k in 2018.

Exports from Nepal () to Namibia () (2023)

Exports from Namibia () to Nepal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Namibia
Top DestinationSouth Africa$1.71B

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 2023, countries that imported more from Nepal than Namibia included India ($811M), Turkey ($13.7M), and United States ($140M).

In 2023, countries that imported more from Namibia than Nepal included South Africa ($1.71B), China ($752M), and Botswana ($504M).

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

Comparative Advantage Nepal - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Namibia in the exports of Textiles ($2.29k), Wood Products ($164), and Instruments ($88).

During 2018, Namibia had a large net trade with Nepal in the exports of Animal Products ($160k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Namibia () (2023)

Exports from Namibia () to Nepal () (2023)

Market Competitiveness

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

Comparative Advantage Nepal - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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