2022
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GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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 GDP
$12.6BCURRENT US$
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2012-2022
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GDP GROWTH
-3.33%CURRENT US$
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2022
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GDP PC 
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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2022
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GDP PC
$4,911CURRENT US$
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2012-2022
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GDP PC GROWTH
-18.4%CURRENT US$
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About

Peru-Namibia Trade: In 2022, Peru exported $191M to Namibia. The main products that Peru exported to Namibia were Copper Ore ($149M), Precious Metal Ore ($41M), and Excavation Machinery ($198k). Over the past 5 years the exports of Peru to Namibia have increased at an annualized rate of 9.37%, from $122M in 2017 to $191M in 2022.

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

Namibia-Peru Trade: In 2022, Namibia exported $36.8k to Peru. The main products that Namibia exported to Peru were Office Machine Parts ($22.1k), Ink Ribbons ($10.8k), and Industrial Printers ($1.98k). Over the past 5 years the exports of Namibia to Peru have increased at an annualized rate of 8.75%,  from $24.2k in 2017 to $36.8k in 2022.

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

Comparison: In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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, Peru exported $191M to Namibia. The main products exported from Peru to Namibia were Copper Ore ($149M), Precious Metal Ore ($41M), and Excavation Machinery ($198k). During the last 5 years the exports of Peru to Namibia have increased at an annualized rate of 9.37%, from $122M in 2017 to $191M in 2022.

In 2017, Namibia exported $36.8k to Peru. The main products exported from Namibia to Peru were Office Machine Parts ($22.1k), Ink Ribbons ($10.8k), and Industrial Printers ($1.98k). During the last 5 years the exports of Namibia to Peru have increased at an annualized rate of 8.75%, from $24.2k in 2022 to $36.8k in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Namibia (Flag)

Peru Exports

Namibia Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Peru than Namibia included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

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

Comparative Advantage Peru - Namibia

Flow
Scale

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

During 2022, Peru had a large net trade with Namibia in the exports of Mineral Products ($190M), Machines ($201k), and Textiles ($5.36k).

During 2017, Namibia had a large net trade with Peru in the exports of Machines ($26k), Miscellaneous ($10.8k), and Metals ($19).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Namibia+$121kExcavation Machinery
Top Product Potential Namibia Peru+$23.1kIndustrial Printers

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

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

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