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2023
Flag → Flag
Exports $2.68BRnk 16 / 211
2023
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Top Product $82.1MDelivery Trucks
2023
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Exports $1.71BRnk 1 / 180
2023
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Top Product $1.26BGold
2023
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Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
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Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
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GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
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GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
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 GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
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GDP GROWTH2.56%CURRENT US$
Rnk 167 / 195
2023
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GDP PC $6,023CURRENT US$
Rnk 113 / 195
2013-2023
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GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195
2023
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GDP PC$4,168CURRENT US$
Rnk 129 / 196
2013-2023
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GDP PC GROWTH-22%CURRENT US$
Rnk 180 / 195

About

South Africa-Namibia Trade: In 2023, South Africa exported $2.68B to Namibia. The main products that South Africa exported to Namibia were Delivery Trucks ($82.1M), Packaged Medicaments ($76.1M), and Raw Sugar ($65.2M). Over the past 5 years the exports of South Africa to Namibia have decreased at an annualized rate of 5.82%, from $3.62B in 2018 to $2.68B in 2023.

In 2023, South Africa did not export any services to Namibia.

Namibia-South Africa Trade: In 2023, Namibia exported $1.71B to South Africa. The main products that Namibia exported to South Africa were Gold ($1.26B), Bovine ($53.5M), and Sheep and Goats ($45.2M). Over the past 5 years the exports of Namibia to South Africa have increased at an annualized rate of 6.33%,  from $1.26B in 2018 to $1.71B in 2023.

In 2023, Namibia did not export any services to South Africa.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR5.8B and imported ZAR2.01B from Namibia, resulting in a positive trade balance of ZAR3.79B. Between November 2023 and November 2024 the exports of South Africa have increased by ZAR949M (19.6%) from ZAR4.85B to ZAR5.8B, while imports increased by ZAR186M (10.2%) from ZAR1.82B to ZAR2.01B.

Trade In November 2024, the top exports of South Africa to Namibia were Delivery Trucks (ZAR236M), Corn (ZAR120M), Raw Sugar (ZAR87.3M), Electricity (ZAR71.9M), and Packaged Medicaments (ZAR60.3M). In November 2024 the top imports of South Africa from Namibia were Gold (ZAR1.25B), Bovine (ZAR79.6M), Beer (ZAR59.7M), Diamonds (ZAR53M), and Non-fillet Frozen Fish (ZAR46.6M).

Origins In November 2024 the exports of South Africa were mainly from Narogas (ZAR2.26B), Vioolsdrif (ZAR1.36B), Skilpadsnek (ZAR1.3B), Ramatlabama (ZAR373M), and Johannesburg (ZAR308M), while imports destinations were mainly O.R. Tambo Int Airport (ZAR1.55B), Skilpadsnek (ZAR174M), Vioolsdrif (ZAR120M), Narogas (ZAR111M), and Ramatlabama (ZAR36.9M).

Growth In November 2024, the increase in South Africa's year-by-year exports to Namibia was explained primarily by an increase in product exports in Delivery Trucks (ZAR104M or 79.1%), Raw Sugar (ZAR26.2M or 42.9%), and Wheat (ZAR23.5M or 227%). In November 2024, the increase in South Africa's year-by-year imports  from Namibia was explained primarily by an increase in product imports  in Gold (ZAR398M or 46.7%), Tomatoes (ZAR8.51M or 11.2k%), and Dried/Salted/Smoked/Brined Fish (ZAR6.42M or 213%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR949M(19.6%)
IMPORT GROWTH (November 2023 - November 2024)ZAR186M(10.2%)
MAIN EXPORTER (November 2024)NarogasZAR2.26B

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Namibia and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Namibia and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $2.68B to Namibia. The main products exported from South Africa to Namibia were Delivery Trucks ($82.1M), Packaged Medicaments ($76.1M), and Raw Sugar ($65.2M). During the last 5 years the exports of South Africa to Namibia have decreased at an annualized rate of 5.82%, from $3.62B in 2018 to $2.68B in 2023.

In 2018, Namibia exported $1.71B to South Africa. The main products exported from Namibia to South Africa were Gold ($1.26B), Bovine ($53.5M), and Sheep and Goats ($45.2M). During the last 5 years the exports of Namibia to South Africa have increased at an annualized rate of 6.33%, from $1.26B in 2023 to $1.71B in 2018.

Exports from South Africa (Flag) to Namibia (Flag) (2023)

Exports from Namibia (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Namibia
Top DestinationSouth Africa$1.71B

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

In 2023, countries that imported more from South Africa than Namibia included China ($29.5B), United States ($13B), and Germany ($10.8B).

In 2023, countries that imported more from Namibia than South Africa included Vanuatu ($1.73M), Saint Vincent and the Grenadines ($1.31M), and Cayman Islands ($1.43M).

Difference in imports from Namibia (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Namibia

Flow
Scale

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

During 2023, South Africa had a large net trade with Namibia in the exports of Foodstuffs ($444M), Machines ($385M), and Chemical Products ($371M).

During 2018, Namibia had a large net trade with South Africa in the exports of Precious Metals ($1.29B), Animal Products ($169M), and Foodstuffs ($70.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Namibia+$8.12MRefined Petroleum
Top Product Potential Namibia South Africa+$14.5MDiamonds

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

Product Space of South Africa (Flag) and Namibia (Flag) (2023)

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