2022
Exports
$394kWorld Rnk 108 / 149
Flag Rnk 238 / 1081
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$3.08MWorld Rnk 85 / 158
Flag Rnk 304 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $394k in Crude Petroleum, making it the 108th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 238th most exported product in Namibia. The main destination of Crude Petroleum exports from Namibia are: Democratic Republic of the Congo ($312k), Bermuda ($41.1k), Norway ($32.1k), Portugal ($4.73k), and Angola ($2.17k).

The fastest growing export markets for Crude Petroleum of Namibia between 2021 and 2022 were Democratic Republic of the Congo ($143k), Bermuda ($41.1k), and Norway ($32k).

Imports In 2022, Namibia imported $3.08M in Crude Petroleum, becoming the 85th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 304th most imported product in Namibia. Namibia imports Crude Petroleum primarily from: South Africa ($3.07M), Germany ($2.48k), Morocco ($7), and Zambia ($3).

The fastest growing import markets in Crude Petroleum for Namibia between 2021 and 2022 were Germany ($2.48k), Morocco ($7), and Zambia ($3).

Latest Trends

Sep 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 Crude Petroleum. 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 (2022)$394k
IMPORTS (2022)$3.08M
NET TRADE (2022)-$2.68M

In 2022, Namibia exported $394k in Crude Petroleum. The main destinations of Namibia exports on Crude Petroleum were Democratic Republic of the Congo ($312k), Bermuda ($41.1k), Norway ($32.1k), Portugal ($4.73k), and Angola ($2.17k).

In 2022, Namibia imported $3.08M in Crude Petroleum, mainly from South Africa ($3.07M), Germany ($2.48k), Morocco ($7), and Zambia ($3).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Bermuda$41.1k (1%)
Norway$32k (80.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Namibia WERE (2021 - 2022):
Zambia-$56.5k (-100%)
Netherlands-$2.81k (-100%)
Angola-$2.72k (-55.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Crude Petroleum were:
In 2022, Namibia's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNorway+ $29.4k
TOP IMPORT POTENTIALGermany+ $6.16k

Crude Petroleum’s highest export potential is Norway. With an export gap of $29.4k.   Crude Petroleum’s highest import potential is Germany with an import gap of $6.16k.

See methodology.

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