2023
Flag
 GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
GDP PC
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

North Korea-Namibia Trade: In 2023, North Korea exported $4.2k to Namibia. The main products that North Korea exported to Namibia were Other Iron Products ($2.94k), Jewellery ($455), and Nonaqueous Pigments ($376). Over the past 5 years the exports of North Korea to Namibia have increased at an annualized rate of 15.2%, from $2.07k in 2018 to $4.2k in 2023.

In 2023, North Korea did not export any services to Namibia.

Namibia-North Korea Trade: In 2023, Namibia exported $99.6k to North Korea. The main products that Namibia exported to North Korea were N/A. Over the past 5 years the exports of Namibia to North Korea have increased at an annualized rate of 220%,  from $297 in 2018 to $99.6k in 2023.

In 2023, Namibia did not export any services to North Korea.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M), 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
Value

In 2023, North Korea exported $4.2k to Namibia. The main products exported from North Korea to Namibia were Other Iron Products ($2.94k), Jewellery ($455), and Nonaqueous Pigments ($376). During the last 5 years the exports of North Korea to Namibia have increased at an annualized rate of 15.2%, from $2.07k in 2018 to $4.2k in 2023.

In 2017, Namibia exported $99.6k to North Korea. There were not main exports from Namibia to North Korea in 2017. During the last 5 years the exports of Namibia to North Korea have increased at an annualized rate of 220%, from $297 in 2022 to $99.6k in 2017.

Exports from North Korea (Flag) to Namibia (Flag) (2023)

Exports from Namibia (Flag) to North Korea (Flag) (2023)

Latest Data

Trade between North Korea (Flag) and Namibia (Flag)

Namibia Exports

Date

Market Competitiveness

Color
North Korea
Top Destination
China$292M
Namibia
Top Destination
South Africa$1.71B

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

In 2023, countries that imported more from North Korea than Namibia included Senegal ($10.3M), Liberia ($5.74M), and Togo ($4.69M).

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

Difference in imports from Namibia (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - Namibia

Flow
Scale

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

During 2023, North Korea had a large net trade with Namibia in the exports of Metals ($3k), Precious Metals ($455), and Chemical Products ($376).

During 2017, Namibia had a large net trade with North Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Namibia (Flag) (2023)

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