2023
Exports
$53.7kWorld Rnk 129 / 197
Flag Rnk 454 / 1070
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$2.31MWorld Rnk 125 / 224
Flag Rnk 334 / 1181
2023
ECONOMIC COMPLEXITY of Namibia
-0.74Rnk 98 / 132

About

Exports In 2023, Namibia exported $53.7k in Electric Soldering Equipment, making it the 129th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 454th most exported product in Namibia. The main destination of Electric Soldering Equipment exports from Namibia are: Botswana ($13.6k), South Africa ($12.7k), Angola ($8.97k), Norway ($8.01k), and Democratic Republic of the Congo ($6.23k).

The fastest growing export markets for Electric Soldering Equipment of Namibia between 2022 and 2023 were Botswana ($13.5k), Norway ($5.79k), and Singapore ($2.24k).

Imports In 2023, Namibia imported $2.31M in Electric Soldering Equipment, becoming the 125th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 334th most imported product in Namibia. Namibia imports Electric Soldering Equipment primarily from: South Africa ($1.65M), China ($223k), India ($185k), Switzerland ($67.4k), and Germany ($46.2k).

The fastest growing import markets in Electric Soldering Equipment for Namibia between 2022 and 2023 were India ($157k), China ($129k), and Switzerland ($47.4k).

Latest Trends

Jan 2025

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 Electric Soldering Equipment. 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)$53.7k
IMPORTS (2023)$2.31M
NET TRADE (2023)-$2.26M

In 2023, Namibia exported $53.7k in Electric Soldering Equipment. The main destinations of Namibia exports on Electric Soldering Equipment were Botswana ($13.6k), South Africa ($12.7k), Angola ($8.97k), Norway ($8.01k), and Democratic Republic of the Congo ($6.23k).

In 2023, Namibia imported $2.31M in Electric Soldering Equipment, mainly from South Africa ($1.65M), China ($223k), India ($185k), Switzerland ($67.4k), and Germany ($46.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Namibia WERE (2022 - 2023):
Botswana$13.5k (26k%)
Norway$5.79k (261%)
Singapore$2.24k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Namibia WERE (2022 - 2023):
Kenya-$22.5k (-100%)
Zambia-$7.7k (-97.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Namibia's main exporting competitors in Electric Soldering Equipment were:
In 2023, Namibia's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Africa+ $21.8k
TOP IMPORT POTENTIALChina+ $156k

Electric Soldering Equipment’s highest export potential is South Africa. With an export gap of $21.8k.   Electric Soldering Equipment’s highest import potential is China with an import gap of $156k.

See methodology.

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