2023
Exports
$2.17MWorld Rnk 106 / 201
Flag Rnk 98 / 1070
2023
PRODUCT COMPLEXITY IN Iron Structures
0.46Rnk 378 / 1025
2023
Imports
$24.9MWorld Rnk 144 / 225
Flag Rnk 55 / 1181
2023
ECONOMIC COMPLEXITY of Namibia
-0.74Rnk 98 / 132

About

Exports In 2023, Namibia exported $2.17M in Iron Structures, making it the 106th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 98th most exported product in Namibia. The main destination of Iron Structures exports from Namibia are: Democratic Republic of the Congo ($832k), Angola ($317k), South Africa ($295k), Zambia ($257k), and Malawi ($108k).

The fastest growing export markets for Iron Structures of Namibia between 2022 and 2023 were Zambia ($139k), Angola ($134k), and Malawi ($108k).

Imports In 2023, Namibia imported $24.9M in Iron Structures, becoming the 144th largest importer of Iron Structures in the world. At the same year, Iron Structures was the 55th most imported product in Namibia. Namibia imports Iron Structures primarily from: South Africa ($12.2M), China ($3.24M), Switzerland ($2.33M), Turkey ($1.39M), and United States ($1.34M).

The fastest growing import markets in Iron Structures for Namibia between 2022 and 2023 were Switzerland ($2.33M), Cyprus ($1.01M), and Malaysia ($738k).

Latest Trends

Dec 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 Structures. 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)$2.17M
IMPORTS (2023)$24.9M
NET TRADE (2023)-$22.8M

In 2023, Namibia exported $2.17M in Iron Structures. The main destinations of Namibia exports on Iron Structures were Democratic Republic of the Congo ($832k), Angola ($317k), South Africa ($295k), Zambia ($257k), and Malawi ($108k).

In 2023, Namibia imported $24.9M in Iron Structures, mainly from South Africa ($12.2M), China ($3.24M), Switzerland ($2.33M), Turkey ($1.39M), and United States ($1.34M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Namibia WERE (2022 - 2023):
Zambia$139k (119%)
Angola$134k (72.9%)
Malawi$108k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Namibia WERE (2022 - 2023):
Botswana-$1.46M (-94.4%)
South Africa-$411k (-58.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Iron Structures by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Africa+ $319k
TOP IMPORT POTENTIALChina+ $3.18M

Iron Structures’s highest export potential is South Africa. With an export gap of $319k.   Iron Structures’s highest import potential is China with an import gap of $3.18M.

See methodology.

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