2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 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
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186

About

Namibia-Nepal Trade: In 2022, Namibia exported $539k to Nepal. The main products that Namibia exported to Nepal were Raw Zinc ($520k), Office Machine Parts ($7.83k), and Computers ($5.84k). Over the past 5 years the exports of Namibia to Nepal have increased at an annualized rate of 27%, from $163k in 2017 to $539k in 2022.

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

Nepal-Namibia Trade: In 2022, Nepal exported $17.8k to Namibia. The main products that Nepal exported to Namibia were Tea ($14.3k), Non-Knit Women's Suits ($1.99k), and Non-Knit Men's Suits ($742). Over the past 5 years the exports of Nepal to Namibia have decreased at an annualized rate of 5.13%,  from $23.2k in 2017 to $17.8k in 2022.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $539k to Nepal. The main products exported from Namibia to Nepal were Raw Zinc ($520k), Office Machine Parts ($7.83k), and Computers ($5.84k). During the last 5 years the exports of Namibia to Nepal have increased at an annualized rate of 27%, from $163k in 2017 to $539k in 2022.

In 2017, Nepal exported $17.8k to Namibia. The main products exported from Nepal to Namibia were Tea ($14.3k), Non-Knit Women's Suits ($1.99k), and Non-Knit Men's Suits ($742). During the last 5 years the exports of Nepal to Namibia have decreased at an annualized rate of 5.13%, from $23.2k in 2022 to $17.8k in 2017.

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

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

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Nepal
Top Destination
India$956M

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

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

In 2022, countries that imported more from Nepal than Namibia included India ($956M), Turkey ($28.3M), and Central African Republic ($8.88M).

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

Comparative Advantage Namibia - Nepal

Flow
Scale

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

During 2022, Namibia had a large net trade with Nepal in the exports of Metals ($520k), Machines ($15.2k), and Plastics and Rubbers ($1.4k).

During 2017, Nepal had a large net trade with Namibia in the exports of Vegetable Products ($14.3k), Textiles ($3.33k), and Metals ($146).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Nepal+$10.5kComputers
Top Product Potential Nepal Namibia+$16.1kTea

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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