2022
Exports
$18.7kWorld Rnk 120 / 156
Flag Rnk 638 / 1081
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$522kWorld Rnk 126 / 210
Flag Rnk 581 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $18.7k in Drilling Machines, making it the 120th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 638th most exported product in Namibia. The main destination of Drilling Machines exports from Namibia are: South Africa ($14k), Zambia ($3.99k), Angola ($562), Zimbabwe ($96), and Denmark ($65).

The fastest growing export markets for Drilling Machines of Namibia between 2021 and 2022 were South Africa ($8.55k), Zambia ($3.31k), and Angola ($462).

Imports In 2022, Namibia imported $522k in Drilling Machines, becoming the 126th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 581st most imported product in Namibia. Namibia imports Drilling Machines primarily from: South Africa ($329k), China ($67.4k), Australia ($51.3k), Sweden ($33.1k), and Germany ($25.7k).

The fastest growing import markets in Drilling Machines for Namibia between 2021 and 2022 were Australia ($35.5k), Sweden ($24.7k), and Denmark ($5.24k).

Latest Trends

Oct 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 Drilling Machines. 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)$18.7k
IMPORTS (2022)$522k
NET TRADE (2022)-$503k

In 2022, Namibia exported $18.7k in Drilling Machines. The main destinations of Namibia exports on Drilling Machines were South Africa ($14k), Zambia ($3.99k), Angola ($562), Zimbabwe ($96), and Denmark ($65).

In 2022, Namibia imported $522k in Drilling Machines, mainly from South Africa ($329k), China ($67.4k), Australia ($51.3k), Sweden ($33.1k), and Germany ($25.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
South Africa$8.55k (158%)
Zambia$3.31k (486%)
Angola$462 (462%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Namibia WERE (2021 - 2022):
Botswana-$370k (-100%)
Malawi-$114 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Drilling Machines were:
In 2022, Namibia's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $4.73k
TOP IMPORT POTENTIALChina+ $44.6k

Drilling Machines’s highest export potential is South Africa. With an export gap of $4.73k.   Drilling Machines’s highest import potential is China with an import gap of $44.6k.

See methodology.

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