2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
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 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 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

Portugal-Namibia Trade: In 2022, Portugal exported $3.96M to Namibia. The main products that Portugal exported to Namibia were Stranded Iron Wire ($502k), Nonaqueous Paints ($467k), and Wine ($245k). Over the past 5 years the exports of Portugal to Namibia have decreased at an annualized rate of 30.4%, from $24.2M in 2017 to $3.96M in 2022.

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

Namibia-Portugal Trade: In 2022, Namibia exported $25.3M to Portugal. The main products that Namibia exported to Portugal were Fish Fillets ($13.3M), Non-fillet Frozen Fish ($7.8M), and Crustaceans ($2.13M). Over the past 5 years the exports of Namibia to Portugal have decreased at an annualized rate of 3%,  from $32.2M in 2017 to $25.3M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). 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, Portugal exported $3.96M to Namibia. The main products exported from Portugal to Namibia were Stranded Iron Wire ($502k), Nonaqueous Paints ($467k), and Wine ($245k). During the last 5 years the exports of Portugal to Namibia have decreased at an annualized rate of 30.4%, from $24.2M in 2017 to $3.96M in 2022.

In 2017, Namibia exported $25.3M to Portugal. The main products exported from Namibia to Portugal were Fish Fillets ($13.3M), Non-fillet Frozen Fish ($7.8M), and Crustaceans ($2.13M). During the last 5 years the exports of Namibia to Portugal have decreased at an annualized rate of 3%, from $32.2M in 2022 to $25.3M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Portugal than Namibia included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

Comparative Advantage Portugal - Namibia

Flow
Scale

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

During 2022, Portugal had a large net trade with Namibia in the exports of Metals ($902k), Foodstuffs ($859k), and Chemical Products ($507k).

During 2017, Namibia had a large net trade with Portugal in the exports of Animal Products ($23.3M), Wood Products ($1.2M), and Foodstuffs ($387k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Namibia+$371kRefined Petroleum
Top Product Potential Namibia Portugal+$1.62MNon-fillet Frozen Fish

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

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

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