2021
Exports
$21.3kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Magnesium
0.95Rnk 193 / 1025
2021
Imports
$283World Rnk 156 / 168
Flag Rnk 1140 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Imports In 2022, Namibia imported $283 in Magnesium, becoming the 156th largest importer of Magnesium in the world. At the same year, Magnesium was the 1140th most imported product in Namibia. Namibia imports Magnesium primarily from: South Africa ($151), Germany ($104), and Angola ($28).

The fastest growing import markets in Magnesium for Namibia between 2021 and 2022 were Angola ($28).

Latest Trends

Jul 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 Magnesium. 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 (2021)$21.3k
IMPORTS (2022)$283
NET TRADE (2022)-$283

In 2022, Namibia imported $283 in Magnesium, mainly from South Africa ($151), Germany ($104), and Angola ($28).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Namibia WERE (N/A - 2021):South Africa-$21.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Magnesium were:
China $2.46B
In 2022, Namibia's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $456
TOP IMPORT POTENTIALChina+ $524

Magnesium’s highest export potential is United States. With an export gap of $456.   Magnesium’s highest import potential is China with an import gap of $524.

See methodology.

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