2023
Exports
$5.43MWorld Rnk 48 / 164
Flag Rnk 66 / 1070
2023
PRODUCT COMPLEXITY IN Precious Stones
-1.29Rnk 897 / 1025
2023
Imports
$142kWorld Rnk 93 / 184
Flag Rnk 785 / 1181
2023
ECONOMIC COMPLEXITY of Namibia
-0.74Rnk 98 / 132

About

Exports In 2023, Namibia exported $5.43M in Precious Stones, making it the 48th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 66th most exported product in Namibia. The main destination of Precious Stones exports from Namibia are: United States ($1.14M), China ($1.06M), Switzerland ($646k), Germany ($570k), and India ($559k).

The fastest growing export markets for Precious Stones of Namibia between 2022 and 2023 were Switzerland ($546k), Germany ($475k), and France ($298k).

Imports In 2023, Namibia imported $142k in Precious Stones, becoming the 93rd largest importer of Precious Stones in the world. At the same year, Precious Stones was the 785th most imported product in Namibia. Namibia imports Precious Stones primarily from: South Africa ($76.9k), United States ($31.8k), Brazil ($16k), China ($8.2k), and Hong Kong ($2.44k).

The fastest growing import markets in Precious Stones for Namibia between 2022 and 2023 were South Africa ($28.7k), Brazil ($16k), and China ($6.68k).

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 Precious Stones. 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)$5.43M
IMPORTS (2023)$142k
NET TRADE (2023)$5.29M

In 2023, Namibia exported $5.43M in Precious Stones. The main destinations of Namibia exports on Precious Stones were United States ($1.14M), China ($1.06M), Switzerland ($646k), Germany ($570k), and India ($559k).

In 2023, Namibia imported $142k in Precious Stones, mainly from South Africa ($76.9k), United States ($31.8k), Brazil ($16k), China ($8.2k), and Hong Kong ($2.44k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Namibia WERE (2022 - 2023):
Switzerland$546k (543%)
Germany$475k (495%)
France$298k (1.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Namibia WERE (2022 - 2023):
United States-$679k (-37.2%)
Italy-$270k (-96.7%)
Austria-$31.2k (-24.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Namibia's main exporting competitors in Precious Stones were:
In 2023, Namibia's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.61M
TOP IMPORT POTENTIALUnited States+ $19.8k

Precious Stones’s highest export potential is United States. With an export gap of $1.61M.   Precious Stones’s highest import potential is United States with an import gap of $19.8k.

See methodology.

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