2023
Exports
$28.8MWorld Rnk 52 / 111
Flag Rnk 24 / 1070
2023
PRODUCT COMPLEXITY IN Copper Ore
-1.95Rnk 994 / 1025
2023
Imports
$306MWorld Rnk 16 / 102
Flag Rnk 2 / 1181
2023
ECONOMIC COMPLEXITY of Namibia
-0.74Rnk 98 / 132

About

Exports In 2023, Namibia exported $28.8M in Copper Ore, making it the 52nd largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 24th most exported product in Namibia. The main destination of Copper Ore exports from Namibia are: Belgium ($18.7M), Malaysia ($5.59M), Niger ($1.73M), China ($1.53M), and Netherlands ($1.03M).

The fastest growing export markets for Copper Ore of Namibia between 2022 and 2023 were Malaysia ($3.35M), Niger ($1.73M), and Vietnam ($33.3k).

Imports In 2023, Namibia imported $306M in Copper Ore, becoming the 16th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 2nd most imported product in Namibia. Namibia imports Copper Ore primarily from: Peru ($206M), Bulgaria ($55.7M), Switzerland ($43.7M), Botswana ($467k), and Zambia ($67.9k).

The fastest growing import markets in Copper Ore for Namibia between 2022 and 2023 were Switzerland ($43.7M), Botswana ($381k), and Zambia ($67.9k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Copper Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$28.8M
IMPORTS (2023)$306M
NET TRADE (2023)-$277M

In 2023, Namibia exported $28.8M in Copper Ore. The main destinations of Namibia exports on Copper Ore were Belgium ($18.7M), Malaysia ($5.59M), Niger ($1.73M), China ($1.53M), and Netherlands ($1.03M).

In 2023, Namibia imported $306M in Copper Ore, mainly from Peru ($206M), Bulgaria ($55.7M), Switzerland ($43.7M), Botswana ($467k), and Zambia ($67.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Namibia WERE (2022 - 2023):
Malaysia$3.35M (149%)
Niger$1.73M (1%)
Vietnam$33.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Namibia WERE (2022 - 2023):
Belgium-$41.1M (-68.7%)
Netherlands-$7.61M (-88.1%)
China-$4.53M (-74.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Namibia's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
In 2023, Namibia's main importing competitors in Copper Ore were:

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $21.9M
TOP IMPORT POTENTIALBotswana+ $296k

Copper Ore’s highest export potential is China. With an export gap of $21.9M.   Copper Ore’s highest import potential is Botswana with an import gap of $296k.

See methodology.

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