2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 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 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 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

Thailand-Namibia Trade: In 2022, Thailand exported $38.7M to Namibia. The main products that Thailand exported to Namibia were Raw Sugar ($11.7M), Processed Fish ($9.78M), and Large Construction Vehicles ($4.55M). Over the past 5 years the exports of Thailand to Namibia have increased at an annualized rate of 45.3%, from $5.98M in 2017 to $38.7M in 2022.

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

Namibia-Thailand Trade: In 2022, Namibia exported $22.7M to Thailand. The main products that Namibia exported to Thailand were Tin Ores ($18.2M), Refined Copper ($2.13M), and Diamonds ($2M). Over the past 5 years the exports of Namibia to Thailand have increased at an annualized rate of 78.6%,  from $1.25M in 2017 to $22.7M in 2022.

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

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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, Thailand exported $38.7M to Namibia. The main products exported from Thailand to Namibia were Raw Sugar ($11.7M), Processed Fish ($9.78M), and Large Construction Vehicles ($4.55M). During the last 5 years the exports of Thailand to Namibia have increased at an annualized rate of 45.3%, from $5.98M in 2017 to $38.7M in 2022.

In 2017, Namibia exported $22.7M to Thailand. The main products exported from Namibia to Thailand were Tin Ores ($18.2M), Refined Copper ($2.13M), and Diamonds ($2M). During the last 5 years the exports of Namibia to Thailand have increased at an annualized rate of 78.6%, from $1.25M in 2022 to $22.7M in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Namibia (Flag)

Thailand Exports

Namibia Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Namibia
Top Destination
South Africa$1.75B

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

In 2022, countries that imported more from Thailand than Namibia included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Namibia than Thailand included Botswana ($672M), Zambia ($279M), and Democratic Republic of the Congo ($251M).

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

Comparative Advantage Thailand - Namibia

Flow
Scale

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

During 2022, Thailand had a large net trade with Namibia in the exports of Foodstuffs ($21.6M), Machines ($8.36M), and Transportation ($4.48M).

During 2017, Namibia had a large net trade with Thailand in the exports of Mineral Products ($18.3M), Metals ($2.13M), and Precious Metals ($2.04M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Namibia+$2.62MDelivery Trucks
Top Product Potential Namibia Thailand+$3.97MDiamonds

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

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

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