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Pricing

2022
Flag → Flag
Exports $27.9MRnk 115 / 215
2022
Flag → Flag
Top Product $12MPlanes, Helicopters, and/or Spacecraft
2022
Flag → Flag
Exports $91.5MRnk 15 / 173
2022
Flag → Flag
Top Product $45.1MDiamonds
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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 $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 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

Singapore-Namibia Trade: In 2022, Singapore exported $27.9M to Namibia. The main products that Singapore exported to Namibia were Planes, Helicopters, and/or Spacecraft ($12M), Refined Petroleum ($7.2M), and Aircraft parts (gliders, balloons, and powered aircraft) ($2.69M). Over the past 5 years the exports of Singapore to Namibia have increased at an annualized rate of 13.9%, from $14.6M in 2017 to $27.9M in 2022.

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

Namibia-Singapore Trade: In 2022, Namibia exported $91.5M to Singapore. The main products that Namibia exported to Singapore were Diamonds ($45.1M), Refined Copper ($15.5M), and Non-fillet Frozen Fish ($13.6M). Over the past 5 years the exports of Namibia to Singapore have increased at an annualized rate of 1.27%,  from $85.9M in 2017 to $91.5M in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $27.9M to Namibia. The main products exported from Singapore to Namibia were Planes, Helicopters, and/or Spacecraft ($12M), Refined Petroleum ($7.2M), and Aircraft parts (gliders, balloons, and powered aircraft) ($2.69M). During the last 5 years the exports of Singapore to Namibia have increased at an annualized rate of 13.9%, from $14.6M in 2017 to $27.9M in 2022.

In 2017, Namibia exported $91.5M to Singapore. The main products exported from Namibia to Singapore were Diamonds ($45.1M), Refined Copper ($15.5M), and Non-fillet Frozen Fish ($13.6M). During the last 5 years the exports of Namibia to Singapore have increased at an annualized rate of 1.27%, from $85.9M in 2022 to $91.5M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Namibia (Flag)

Singapore Exports

Namibia Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Singapore than Namibia included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - Namibia

Flow
Scale

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

During 2022, Singapore had a large net trade with Namibia in the exports of Transportation ($14.7M), Mineral Products ($7.2M), and Machines ($1.73M).

During 2017, Namibia had a large net trade with Singapore in the exports of Precious Metals ($45.1M), Animal Products ($19.1M), and Metals ($17.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Namibia+$10MRefined Petroleum
Top Product Potential Namibia Singapore+$6MDiamonds

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

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

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