2022
Exports
$3.57MWorld Rnk 48 / 162
Flag Rnk 92 / 1081
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$71.1kWorld Rnk 110 / 185
Flag Rnk 851 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $3.57M in Precious Stones, making it the 48th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 92nd most exported product in Namibia. The main destination of Precious Stones exports from Namibia are: China ($1.16M), United States ($1.07M), India ($304k), South Africa ($303k), and Italy ($279k).

The fastest growing export markets for Precious Stones of Namibia between 2021 and 2022 were United States ($967k), China ($385k), and India ($230k).

Imports In 2022, Namibia imported $71.1k in Precious Stones, becoming the 110th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 851st most imported product in Namibia. Namibia imports Precious Stones primarily from: United States ($28.6k), South Africa ($27.9k), Hong Kong ($5.77k), Sri Lanka ($4.09k), and Thailand ($1.52k).

The fastest growing import markets in Precious Stones for Namibia between 2021 and 2022 were United States ($27.2k), South Africa ($18k), and Sri Lanka ($4.09k).

Latest Trends

Aug 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 (2022)$3.57M
IMPORTS (2022)$71.1k
NET TRADE (2022)$3.5M

In 2022, Namibia exported $3.57M in Precious Stones. The main destinations of Namibia exports on Precious Stones were China ($1.16M), United States ($1.07M), India ($304k), South Africa ($303k), and Italy ($279k).

In 2022, Namibia imported $71.1k in Precious Stones, mainly from United States ($28.6k), South Africa ($27.9k), Hong Kong ($5.77k), Sri Lanka ($4.09k), and Thailand ($1.52k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
United States$967k (968%)
China$385k (49.8%)
India$230k (311%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Namibia WERE (2021 - 2022):
Hong Kong-$312k (-89.9%)
Romania-$91.3k (-100%)
Australia-$64.2k (-88.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Precious Stones were:
In 2022, 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
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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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