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2022
Exports $1.44MWorld Rnk 70 / 128
Flag Rnk 133 / 1081
2022
Destination $24.4k China
2021 - 2022
FASTEST GROWING MARKET $24.4kSouth Africa
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $3.97kWorld Rnk 113 / 130
Flag Rnk 1069 / 1170
2022
Origin $421 South Africa
2021 - 2022
FASTEST GROWING ORIGIN $421United States
2022
ECONOMIC COMPLEXITY of Namibia-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $1.44M in Iron Ore, making it the 70th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 133rd most exported product in Namibia. The main destination of Iron Ore exports from Namibia are: China ($1.39M), South Africa ($50.2k), Angola ($213), Netherlands ($3), and United Kingdom ($2).

The fastest growing export markets for Iron Ore of Namibia between 2021 and 2022 were South Africa ($24.4k), Angola ($213), and Netherlands ($3).

Imports In 2022, Namibia imported $3.97k in Iron Ore, becoming the 113th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1069th most imported product in Namibia. Namibia imports Iron Ore primarily from: South Africa ($3.36k) and United States ($606).

The fastest growing import markets in Iron Ore for Namibia between 2021 and 2022 were United States ($421).

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 Iron 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 (2022)$1.44M
IMPORTS (2022)$3.97k
NET TRADE (2022)$1.44M

In 2022, Namibia exported $1.44M in Iron Ore. The main destinations of Namibia exports on Iron Ore were China ($1.39M), South Africa ($50.2k), Angola ($213), Netherlands ($3), and United Kingdom ($2).

In 2022, Namibia imported $3.97k in Iron Ore, mainly from South Africa ($3.36k) and United States ($606).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
South Africa$24.4k (94.5%)
Angola$213 (1%)
Netherlands$3 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Namibia WERE (2021 - 2022):
China-$3.41M (-71.1%)
Germany-$177 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Namibia's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.75M
TOP IMPORT POTENTIALSouth Africa+ $5.12k

Iron Ore’s highest export potential is China. With an export gap of $1.75M.   Iron Ore’s highest import potential is South Africa with an import gap of $5.12k.

See methodology.

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