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Pricing

2022
Flag → Flag
Exports $36.3MRnk 137 / 218
2022
Flag → Flag
Top Product $8.49MMolluscs
2022
Flag → Flag
Exports $270MRnk 6 / 173
2022
Flag → Flag
Top Product $151MFish Fillets
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
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GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$4,911CURRENT US$
Rnk 113 / 186
2012-2022
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GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186

About

Spain-Namibia Trade: In 2022, Spain exported $36.3M to Namibia. The main products that Spain exported to Namibia were Molluscs ($8.49M), Rubber Tires ($3.29M), and Engine Parts ($2.14M). Over the past 5 years the exports of Spain to Namibia have decreased at an annualized rate of 12.4%, from $70.4M in 2017 to $36.3M in 2022.

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

Namibia-Spain Trade: In 2022, Namibia exported $270M to Spain. The main products that Namibia exported to Spain were Fish Fillets ($151M), Molluscs ($28.5M), and Non-fillet Frozen Fish ($27.7M). Over the past 5 years the exports of Namibia to Spain have increased at an annualized rate of 1.57%,  from $250M in 2017 to $270M in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Latest Trends

June, 2024

About

Overview In June 2024, Spain exported €2.82M and imported €37.4M from Namibia, resulting in a negative trade balance of €34.6M. Between June 2023 and June 2024 the exports of Spain have decreased by €-105k (-3.6%) from €2.93M to €2.82M, while imports increased by €18.3M (95.9%) from €19.1M to €37.4M.

Trade In June 2024, the top exports of Spain to Namibia were Commodities not elsewhere specified (€724k), Video and Card Games (€201k), Surveying Equipment (€55.4k), Metalworking Machine Parts (€55k), and Non-fillet Frozen Fish (€30.2k). In June 2024 the top imports of Spain from Namibia were Fish Fillets (€14.2M), Non-fillet Frozen Fish (€2.53M), Non-fillet Fresh Fish (€2.5M), Other Processed Vegetables (€1.33M), and Molluscs (€924k).

Origins In June 2024 the exports of Spain were mainly from Pontevedra (€1.19M), Valladolid (€665k), Vizcaya (€295k), Álava (€141k), and Madrid (€98.8k), while imports destinations were mainly Pontevedra (€22.8M), Asturias (€10.6M), Valencia (€1.83M), Madrid (€1.11M), and Barcelona (€977k).

Growth In June 2024, the decrease in Spain's year-by-year exports to Namibia was explained primarily by an decrease in product exports in Steam Turbines (€-52.3k or -86.3%), Engine Parts (€-11.5k or -91.8%), and Insulated Wire (€-10.8k or -98.9%). In June 2024, the increase in Spain's year-by-year imports  from Namibia was explained primarily by an increase in product imports  in Fish Fillets (€5.55M or 64.4%), Non-fillet Fresh Fish (€1.51M or 151%), and Non-fillet Frozen Fish (€319k or 14.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)€-105k(-3.6%)
IMPORT GROWTH (June 2023 - June 2024)€18.3M(95.9%)
MAIN EXPORTER (June 2024)Pontevedra€1.19M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Namibia and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Namibia and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $36.3M to Namibia. The main products exported from Spain to Namibia were Molluscs ($8.49M), Rubber Tires ($3.29M), and Engine Parts ($2.14M). During the last 5 years the exports of Spain to Namibia have decreased at an annualized rate of 12.4%, from $70.4M in 2017 to $36.3M in 2022.

In 2017, Namibia exported $270M to Spain. The main products exported from Namibia to Spain were Fish Fillets ($151M), Molluscs ($28.5M), and Non-fillet Frozen Fish ($27.7M). During the last 5 years the exports of Namibia to Spain have increased at an annualized rate of 1.57%, from $250M in 2022 to $270M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Spain than Namibia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Namibia than Spain included Botswana ($672M), Zambia ($279M), and Democratic Republic of the Congo ($251M).

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

Comparative Advantage Spain - Namibia

Flow
Scale

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

During 2022, Spain had a large net trade with Namibia in the exports of Animal Products ($12.8M), Machines ($8.17M), and Plastics and Rubbers ($4.38M).

During 2017, Namibia had a large net trade with Spain in the exports of Animal Products ($230M), Mineral Products ($24.3M), and Metals ($12.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Namibia+$1.08MPackaged Medicaments
Top Product Potential Namibia Spain+$4.17MRefined Petroleum

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 Spain and Namibia. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Spain.

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

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