2022
Exports
$105kWorld Rnk 104 / 152
Flag Rnk 404 / 1081
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$46MWorld Rnk 61 / 211
Flag Rnk 25 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $105k in Seed Oils, making it the 104th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 404th most exported product in Namibia. The main destination of Seed Oils exports from Namibia are: South Africa ($81.1k), Angola ($16.7k), Germany ($3k), Democratic Republic of the Congo ($2.78k), and Zambia ($823).

The fastest growing export markets for Seed Oils of Namibia between 2021 and 2022 were Angola ($3.93k), Germany ($2.96k), and Democratic Republic of the Congo ($2.16k).

Imports In 2022, Namibia imported $46M in Seed Oils, becoming the 61st largest importer of Seed Oils in the world. At the same year, Seed Oils was the 25th most imported product in Namibia. Namibia imports Seed Oils primarily from: South Africa ($45.6M), Botswana ($372k), Belgium ($3.47k), Angola ($2.67k), and Portugal ($2.46k).

The fastest growing import markets in Seed Oils for Namibia between 2021 and 2022 were South Africa ($5.67M), Botswana ($31.8k), and Belgium ($2.86k).

Latest Trends

Sep 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 Seed Oils. 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)$105k
IMPORTS (2022)$46M
NET TRADE (2022)-$45.9M

In 2022, Namibia exported $105k in Seed Oils. The main destinations of Namibia exports on Seed Oils were South Africa ($81.1k), Angola ($16.7k), Germany ($3k), Democratic Republic of the Congo ($2.78k), and Zambia ($823).

In 2022, Namibia imported $46M in Seed Oils, mainly from South Africa ($45.6M), Botswana ($372k), Belgium ($3.47k), Angola ($2.67k), and Portugal ($2.46k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Angola$3.93k (30.8%)
Germany$2.96k (8.46k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Namibia WERE (2021 - 2022):
Botswana-$45.5k (-98.4%)
South Africa-$39.2k (-32.6%)
Lithuania-$257 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Namibia's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $64.4k
TOP IMPORT POTENTIALPortugal+ $39.7k

Seed Oils’s highest export potential is South Africa. With an export gap of $64.4k.   Seed Oils’s highest import potential is Portugal with an import gap of $39.7k.

See methodology.

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