2022
Exports
$4.8MWorld Rnk 93 / 221
Flag Rnk 77 / 1081
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$82.9MWorld Rnk 74 / 224
Flag Rnk 13 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $4.8M in Excavation Machinery, making it the 93rd largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 77th most exported product in Namibia. The main destination of Excavation Machinery exports from Namibia are: Zambia ($1.87M), Germany ($1.05M), South Africa ($763k), Democratic Republic of the Congo ($521k), and Angola ($124k).

The fastest growing export markets for Excavation Machinery of Namibia between 2021 and 2022 were Germany ($1.04M), Zambia ($1.01M), and Democratic Republic of the Congo ($378k).

Imports In 2022, Namibia imported $82.9M in Excavation Machinery, becoming the 74th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 13th most imported product in Namibia. Namibia imports Excavation Machinery primarily from: South Africa ($41.1M), United States ($13M), China ($9.22M), Japan ($5.39M), and Norway ($1.5M).

The fastest growing import markets in Excavation Machinery for Namibia between 2021 and 2022 were United States ($8.58M), South Africa ($6.15M), and China ($5.94M).

Latest Trends

Nov 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 Excavation Machinery. 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)$4.8M
IMPORTS (2022)$82.9M
NET TRADE (2022)-$78.1M

In 2022, Namibia exported $4.8M in Excavation Machinery. The main destinations of Namibia exports on Excavation Machinery were Zambia ($1.87M), Germany ($1.05M), South Africa ($763k), Democratic Republic of the Congo ($521k), and Angola ($124k).

In 2022, Namibia imported $82.9M in Excavation Machinery, mainly from South Africa ($41.1M), United States ($13M), China ($9.22M), Japan ($5.39M), and Norway ($1.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Germany$1.04M (10.8k%)
Zambia$1.01M (118%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Namibia WERE (2021 - 2022):
South Africa-$1.43M (-65.2%)
Belgium-$478k (-100%)
Angola-$371k (-74.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Excavation Machinery were:
In 2022, Namibia's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $773k
TOP IMPORT POTENTIALChina+ $4.75M

Excavation Machinery’s highest export potential is Germany. With an export gap of $773k.   Excavation Machinery’s highest import potential is China with an import gap of $4.75M.

See methodology.

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