2022
Flag  
GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
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GDP GROWTH
-3.33%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186
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

Romania-Namibia Trade: In 2022, Romania exported $1.37M to Namibia. The main products that Romania exported to Namibia were Cars ($381k), Poultry Meat ($169k), and Rubber Tires ($143k). Over the past 5 years the exports of Romania to Namibia have increased at an annualized rate of 47.4%, from $196k in 2017 to $1.37M in 2022.

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

Namibia-Romania Trade: In 2022, Namibia exported $130k to Romania. The main products that Namibia exported to Romania were Wood Charcoal ($95.7k), Grapes ($24.9k), and Collector's Items ($7.27k). Over the past 5 years the exports of Namibia to Romania have increased at an annualized rate of 14.8%,  from $49.2k in 2017 to $130k in 2022.

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

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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, Romania exported $1.37M to Namibia. The main products exported from Romania to Namibia were Cars ($381k), Poultry Meat ($169k), and Rubber Tires ($143k). During the last 5 years the exports of Romania to Namibia have increased at an annualized rate of 47.4%, from $196k in 2017 to $1.37M in 2022.

In 2017, Namibia exported $130k to Romania. The main products exported from Namibia to Romania were Wood Charcoal ($95.7k), Grapes ($24.9k), and Collector's Items ($7.27k). During the last 5 years the exports of Namibia to Romania have increased at an annualized rate of 14.8%, from $49.2k in 2022 to $130k in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Namibia (Flag)

Romania Exports

Namibia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Romania than Namibia included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

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

Comparative Advantage Romania - Namibia

Flow
Scale

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

During 2022, Romania had a large net trade with Namibia in the exports of Transportation ($461k), Machines ($392k), and Plastics and Rubbers ($186k).

During 2017, Namibia had a large net trade with Romania in the exports of Wood Products ($95.7k), Vegetable Products ($24.9k), and Arts and Antiques ($7.27k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Namibia+$751kCars
Top Product Potential Namibia Romania+$123kWood Charcoal

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

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

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