2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Namibia-Denmark Trade: In 2022, Namibia exported $2.9M to Denmark. The main products that Namibia exported to Denmark were Coal Briquettes ($1.31M), Fish Fillets ($825k), and Liquid Pumps ($98.5k). Over the past 5 years the exports of Namibia to Denmark have decreased at an annualized rate of 0.28%, from $2.94M in 2017 to $2.9M in 2022.

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

Denmark-Namibia Trade: In 2022, Denmark exported $12.7M to Namibia. The main products that Denmark exported to Namibia were Malt ($2.79M), Concentrated Milk ($1.38M), and Paper Containers ($755k). Over the past 5 years the exports of Denmark to Namibia have increased at an annualized rate of 2.59%,  from $11.2M in 2017 to $12.7M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $2.9M to Denmark. The main products exported from Namibia to Denmark were Coal Briquettes ($1.31M), Fish Fillets ($825k), and Liquid Pumps ($98.5k). During the last 5 years the exports of Namibia to Denmark have decreased at an annualized rate of 0.28%, from $2.94M in 2017 to $2.9M in 2022.

In 2017, Denmark exported $12.7M to Namibia. The main products exported from Denmark to Namibia were Malt ($2.79M), Concentrated Milk ($1.38M), and Paper Containers ($755k). During the last 5 years the exports of Denmark to Namibia have increased at an annualized rate of 2.59%, from $11.2M in 2022 to $12.7M in 2017.

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

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

Latest Data

Trade between Namibia (Flag) and Denmark (Flag)

Namibia Exports

Denmark Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Denmark
Top Destination
Germany$18.9B

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

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

In 2022, countries that imported more from Denmark than Namibia included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Namibia - Denmark

Flow
Scale

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

During 2022, Namibia had a large net trade with Denmark in the exports of Mineral Products ($1.31M), Animal Products ($856k), and Machines ($346k).

During 2017, Denmark had a large net trade with Namibia in the exports of Machines ($3.02M), Vegetable Products ($2.82M), and Animal Products ($2.22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Denmark+$677kFish Fillets
Top Product Potential Denmark Namibia+$754kRefined 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 Namibia and Denmark. This means that a dot/product with the flag of Namibia indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Namibia.

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

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