Romania (ROU) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Romania-Namibia Trade: In 2023, Romania exported $1.65M to Namibia. The main products that Romania exported to Namibia were Rubber Tires ($168k), Paper Containers ($111k), and Iron Pipes ($106k). Over the past 5 years the exports of Romania to Namibia have increased at an annualized rate of 29.1%, from $461k in 2018 to $1.65M in 2023.

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

Namibia-Romania Trade: In 2023, Namibia exported $1.31M to Romania. The main products that Namibia exported to Romania were Wood Charcoal ($1.14M), Collector's Items ($140k), and Processed Bones ($9.31k). Over the past 5 years the exports of Namibia to Romania have increased at an annualized rate of 41.3%, from $233k in 2018 to $1.31M in 2023.

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

Comparison: In 2023, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). 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, Romania exported $1.65M to Namibia. The main products exported from Romania to Namibia were Rubber Tires ($168k), Paper Containers ($111k), and Iron Pipes ($106k). During the last 5 years the exports of Romania to Namibia have increased at an annualized rate of 29.1%, from $461k in 2018 to $1.65M in 2023.

In 2018, Namibia exported $1.31M to Romania. The main products exported from Namibia to Romania were Wood Charcoal ($1.14M), Collector's Items ($140k), and Processed Bones ($9.31k). During the last 5 years the exports of Namibia to Romania have increased at an annualized rate of 41.3%, from $233k in 2023 to $1.31M in 2018.

Exports from Romania () to Namibia () (2023)

Exports from Namibia () to Romania () (2023)

Latest Data

Trade between Romania () and Namibia ()

Romania Exports

Date

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$19.9B

Namibia
Top DestinationSouth Africa$1.71B

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 2023, countries that imported more from Romania than Namibia included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Namibia than Romania included South Africa ($1.71B), Botswana ($504M), and Zambia ($329M).

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

Comparative Advantage Romania - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Romania had a large net trade with Namibia in the exports of Machines ($516k), Plastics and Rubbers ($302k), and Metals ($180k).

During 2018, Namibia had a large net trade with Romania in the exports of Wood Products ($1.14M), Arts and Antiques ($141k), and Animal Hides ($16.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Namibia () (2023)

Exports from Namibia () to Romania () (2023)

Latest Data

Trade between Romania () and Namibia ()

Romania Exports

Namibia Exports

Market Competitiveness

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

Comparative Advantage Romania - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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