Austria (AUT) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Austria-Namibia Trade: In 2022, Austria exported $19M to Namibia. The main products that Austria exported to Namibia were Electrical Transformers ($7.09M), Refractory Bricks ($2.65M), and Planes, Helicopters, and/or Spacecraft ($2.63M). Over the past 5 years the exports of Austria to Namibia have increased at an annualized rate of 12.3%, from $10.7M in 2017 to $19M in 2022.

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

Namibia-Austria Trade: In 2022, Namibia exported $470k to Austria. The main products that Namibia exported to Austria were Collector's Items ($217k), Precious Stones ($84.5k), and Perfume Plants ($69.4k). Over the past 5 years the exports of Namibia to Austria have decreased at an annualized rate of 23.3%, from $1.77M in 2017 to $470k in 2022.

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

Comparison: In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $19M to Namibia. The main products exported from Austria to Namibia were Electrical Transformers ($7.09M), Refractory Bricks ($2.65M), and Planes, Helicopters, and/or Spacecraft ($2.63M). During the last 5 years the exports of Austria to Namibia have increased at an annualized rate of 12.3%, from $10.7M in 2017 to $19M in 2022.

In 2017, Namibia exported $470k to Austria. The main products exported from Namibia to Austria were Collector's Items ($217k), Precious Stones ($84.5k), and Perfume Plants ($69.4k). During the last 5 years the exports of Namibia to Austria have decreased at an annualized rate of 23.3%, from $1.77M in 2022 to $470k in 2017.

Exports from Austria () to Namibia () (2022)

Exports from Namibia () to Austria () (2022)

Latest Data

Trade between Austria () and Namibia ()

Austria Exports

Date

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Austria than Namibia included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Namibia than Austria included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

Difference in imports from Namibia () and Austria () (2022)

Comparative Advantage Austria - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Namibia in the exports of Machines ($9.58M), Transportation ($2.79M), and Stone And Glass ($2.74M).

During 2017, Namibia had a large net trade with Austria in the exports of Arts and Antiques ($218k), Vegetable Products ($103k), and Precious Metals ($86.9k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Namibia+$471kFlavored Water

Top Product Potential Namibia Austria+$93kGrapes

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Namibia () (2022)

Exports from Namibia () to Austria () (2022)

Latest Data

Trade between Austria () and Namibia ()

Austria Exports

Namibia Exports

Market Competitiveness

Difference in imports from Namibia () and Austria () (2022)

Comparative Advantage Austria - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Namibia () (2022)

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