2023
Exports
$81.2kWorld Rnk 86 / 127
Flag Rnk 407 / 1070
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$57.1kWorld Rnk 90 / 125
Flag Rnk 877 / 1181
2023
ECONOMIC COMPLEXITY of Namibia
-0.74Rnk 98 / 132

About

Exports In 2023, Namibia exported $81.2k in Iron Ore, making it the 86th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 407th most exported product in Namibia. The main destination of Iron Ore exports from Namibia are: South Africa ($80.9k), Angola ($243), India ($41), Canada ($8), and China ($1).

The fastest growing export markets for Iron Ore of Namibia between 2022 and 2023 were South Africa ($30.3k), India ($41), and Canada ($8).

Imports In 2023, Namibia imported $57.1k in Iron Ore, becoming the 90th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 877th most imported product in Namibia. Namibia imports Iron Ore primarily from: South Africa ($57.1k).

The fastest growing import markets in Iron Ore for Namibia between 2022 and 2023 were South Africa ($54.9k).

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 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 (2023)$81.2k
IMPORTS (2023)$57.1k
NET TRADE (2023)$24.1k

In 2023, Namibia exported $81.2k in Iron Ore. The main destinations of Namibia exports on Iron Ore were South Africa ($80.9k), Angola ($243), India ($41), Canada ($8), and China ($1).

In 2023, Namibia imported $57.1k in Iron Ore, mainly from South Africa ($57.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Namibia WERE (2022 - 2023):
South Africa$30.3k (60%)
India$41 (1%)
Canada$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Namibia WERE (2022 - 2023):
China-$1.39M (-100%)
Angola-$14 (-5.45%)
Netherlands-$3 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Namibia's main exporting competitors in Iron Ore were:
In 2023, Namibia's main importing competitors in Iron Ore were:

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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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