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2022
Flag → Flag
Exports $433MRnk 31 / 166
2022
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Top Product $433MSpecial Purpose Ships
2022
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Exports $12.6MRnk 30 / 173
2022
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Top Product $10.9MSalt
2022
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Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
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Economic Complexity (ECI) ECI -0.69Rnk 88 / 124
2022
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GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 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 $2,184CURRENT US$
Rnk 146 / 186
2012-2022
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GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 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

Nigeria-Namibia In 2022, Nigeria exported $433M to Namibia. The main products that Nigeria exported to Namibia are Special Purpose Ships ($433M), Excavation Machinery ($60.9k), and Beauty Products ($51.5k). During the last 22 years the exports of Nigeria to Namibia have increased at an annualized rate of 63.4%, from $8.84k in 2000 to $433M in 2022.

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

Namibia-Nigeria In 2022, Namibia exported $12.6M to Nigeria. The main products that Namibia exported to Nigeria were Salt ($10.9M), Tanned Equine and Bovine Hides ($293k), and Lifting Machinery ($291k). During the last 22 years the exports of Namibia to Nigeria have increased at an annualized rate of 8.01%, from $2.32M in 2000 to $12.6M in 2022.

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

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Namibia ranked 88 in the Economic Complexity Index (ECI -0.69), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $433M to Namibia. The main products exported from Nigeria to Namibia were Special Purpose Ships ($433M), Excavation Machinery ($60.9k), and Beauty Products ($51.5k). During the last 22 years the exports of Nigeria to Namibia have increased at an annualized rate of 63.4%, from $8.84k in 2000 to $433M in 2022.

In 2022, Namibia exported $12.6M to Nigeria. The main products exported from Namibia to Nigeria were Salt ($10.9M), Tanned Equine and Bovine Hides ($293k), and Lifting Machinery ($291k). During the last 22 years the exports of Namibia to Nigeria have increased at an annualized rate of 8.01%, from $2.32M in 2000 to $12.6M in 2022.

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

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

Latest Data

Trade between Nigeria (Flag) and Namibia (Flag)

Namibia Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Namibia
Top DestinationSouth Africa$1.75B

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

In 2021, countries that imported more from Nigeria than Namibia were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Namibia than Nigeria were Botswana ($672M), Zambia ($279M), and Democratic Republic of the Congo ($251M).

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

Comparative Advantage Nigeria - Namibia

Flow
Scale

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

During 2022, Nigeria had a large net trade with Namibia in the exports of Transportation ($433M), Machines ($99.2k), and Chemical Products ($90.6k).

During 2022, Namibia had a large net trade with Nigeria in the exports of Mineral Products ($11M), Machines ($654k), and Animal Hides ($296k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nigeria has comparative advantage over Namibia. Similarly, the more yellow a dot/product is, the more Namibia has comparative advantage over Nigeria.

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

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