2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Namibia-Belize Trade: In 2022, Namibia exported $66.9k to Belize. The main products that Namibia exported to Belize were Refined Petroleum ($54.1k), Iron Chains ($9.54k), and Other Iron Products ($995). Over the past 6 years the exports of Namibia to Belize have decreased at an annualized rate of 28.7%, from $509k in 2016 to $66.9k in 2022.

In 2022, Namibia did not export any services to Belize.

Belize-Namibia Trade: In 2022, Belize exported $48.6k to Namibia. The main products that Belize exported to Namibia were Poultry Meat ($44.5k), Textiles for technical uses ($1.82k), and Leather Footwear ($1.82k). Over the past 6 years the exports of Belize to Namibia have increased at an annualized rate of 168%,  from $355 in 2016 to $48.6k in 2022.

In 2022, Belize did not export any services to Namibia.

Comparison In 2022,  Namibia ranked 94 in the Economic Complexity Index (ECI -0.63),  and 121 in total exports ($6.18B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $66.9k to Belize. The main products exported from Namibia to Belize were Refined Petroleum ($54.1k), Iron Chains ($9.54k), and Other Iron Products ($995). During the last 6 years the exports of Namibia to Belize have decreased at an annualized rate of 28.7%, from $509k in 2016 to $66.9k in 2022.

In 2017, Belize exported $48.6k to Namibia. The main products exported from Belize to Namibia were Poultry Meat ($44.5k), Textiles for technical uses ($1.82k), and Leather Footwear ($1.82k). During the last 5 years the exports of Belize to Namibia have increased at an annualized rate of 168%, from $355 in 2022 to $48.6k in 2017.

Exports from Namibia (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to Namibia (Flag) (2022)

Latest Data

Trade between Namibia (Flag) and Belize (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Belize
Top Destination
United States$86.5M

This map shows whether countries import more from Namibia or Belize. Each country is colored based on the difference in imports they receive from Namibia and Belize or the difference in the growth in imports.

In 2022, countries that imported more from Namibia than Belize included South Africa ($1.75B), Botswana ($672M), and China ($628M).

In 2022, countries that imported more from Belize than Namibia included Guatemala ($39.2M), Honduras ($19.9M), and Hungary ($18.3M).

Difference in imports from Belize (Flag) and Namibia (Flag) (2022)

Comparative Advantage Namibia - Belize

Flow
Scale

This chart compares trade between Namibia and Belize by product, considering products traded by both, Namibia and Belize.

During 2022, Namibia had a large net trade with Belize in the exports of Mineral Products ($54.1k), Metals ($10.5k), and Chemical Products ($1.18k).

During 2017, Belize had a large net trade with Namibia in the exports of Animal Products ($44.5k), Textiles ($1.92k), and Footwear and Headwear ($1.82k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Belize+N/AN/A
Top Product Potential Belize Namibia+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Namibia and Belize. This means that a dot/product with the flag of Namibia indicates it has a comparative advantage over Belize. Similarly, a dot/product with the flag of Belize indicates it has a comparative advantage over Namibia.

Product Space of Namibia (Flag) and Belize (Flag) (2022)

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