2022
Exports
$64.1kWorld Rnk 132 / 162
Flag Rnk 485 / 1081
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$5.71MWorld Rnk 160 / 217
Flag Rnk 212 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $64.1k in Raw Iron Bars, making it the 132nd largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 485th most exported product in Namibia. The main destination of Raw Iron Bars exports from Namibia are: South Africa ($30.5k), Angola ($12.3k), Democratic Republic of the Congo ($12.1k), Zambia ($9.07k), and Botswana ($121).

The fastest growing export markets for Raw Iron Bars of Namibia between 2021 and 2022 were South Africa ($30.4k), Angola ($12.2k), and Zambia ($7.61k).

Imports In 2022, Namibia imported $5.71M in Raw Iron Bars, becoming the 160th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 212th most imported product in Namibia. Namibia imports Raw Iron Bars primarily from: South Africa ($4.72M), China ($654k), Turkey ($218k), Zambia ($88.8k), and Angola ($22k).

The fastest growing import markets in Raw Iron Bars for Namibia between 2021 and 2022 were China ($558k), Angola ($22k), and India ($3.25k).

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 Raw Iron Bars. 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)$64.1k
IMPORTS (2022)$5.71M
NET TRADE (2022)-$5.65M

In 2022, Namibia exported $64.1k in Raw Iron Bars. The main destinations of Namibia exports on Raw Iron Bars were South Africa ($30.5k), Angola ($12.3k), Democratic Republic of the Congo ($12.1k), Zambia ($9.07k), and Botswana ($121).

In 2022, Namibia imported $5.71M in Raw Iron Bars, mainly from South Africa ($4.72M), China ($654k), Turkey ($218k), Zambia ($88.8k), and Angola ($22k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
South Africa$30.4k (22.3k%)
Angola$12.2k (19.8k%)
Zambia$7.61k (520%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Namibia WERE (2021 - 2022):
Norway-$666 (-100%)
United States-$475 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Namibia's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $17.2k
TOP IMPORT POTENTIALChina+ $300k

Raw Iron Bars’s highest export potential is South Africa. With an export gap of $17.2k.   Raw Iron Bars’s highest import potential is China with an import gap of $300k.

See methodology.

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