2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
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GDP PC
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

British Indian Ocean Territory-Namibia In 2021, British Indian Ocean Territory exported $21k to Namibia. The main products that British Indian Ocean Territory exported to Namibia are N/A. During the last 17 years the exports of British Indian Ocean Territory to Namibia have increased at an annualized rate of 24.6%, from $502 in 2004 to $21k in 2021.

In 2021, British Indian Ocean Territory did not export any services to Namibia.

Namibia-British Indian Ocean Territory In 2021, Namibia exported $1.86k to British Indian Ocean Territory. The main products that Namibia exported to British Indian Ocean Territory were Iron Springs ($1.63k), Liquid Dispersing Machines ($164), and Mattresses ($71). During the last 17 years the exports of Namibia to British Indian Ocean Territory have increased at an annualized rate of 14.3%, from $193 in 2004 to $1.86k in 2021.

In 2021, Namibia did not export any services to British Indian Ocean Territory.

Comparison In 2022,  British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index. 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
Value

In 2021, British Indian Ocean Territory exported $21k to Namibia. There were not main exports from British Indian Ocean Territory to Namibia in 2021. During the last 17 years the exports of British Indian Ocean Territory to Namibia have increased at an annualized rate of 24.6%, from $502 in 2004 to $21k in 2021.

In 2022, Namibia exported $1.86k to British Indian Ocean Territory. The main products exported from Namibia to British Indian Ocean Territory were Iron Springs ($1.63k), Liquid Dispersing Machines ($164), and Mattresses ($71). During the last 18 years the exports of Namibia to British Indian Ocean Territory have increased at an annualized rate of 14.3%, from $193 in 2004 to $1.86k in 2022.

Exports from British Indian Ocean Territory (Flag) to Namibia (Flag) (2022)

Exports from Namibia (Flag) to British Indian Ocean Territory (Flag) (2022)

Latest Data

Trade between British Indian Ocean Territory (Flag) and Namibia (Flag)

Namibia Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B

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

In 2021, countries that imported more from British Indian Ocean Territory than Namibia were Uzbekistan ($280k) and New Zealand ($22.9k).

In 2021, countries that imported more from Namibia than British Indian Ocean Territory were South Africa ($1.75B), Botswana ($672M), and China ($628M).

Difference in imports from Namibia (Flag) and British Indian Ocean Territory (Flag) (2022)

Comparative Advantage British Indian Ocean Territory - Namibia

Flow
Scale

This chart compares trade between British Indian Ocean Territory and Namibia by product, considering products traded by both, British Indian Ocean Territory and Namibia.

During 2021, British Indian Ocean Territory had a large net trade with Namibia in the exports of .

During 2022, Namibia had a large net trade with British Indian Ocean Territory in the exports of Metals ($1.63k), Machines ($164), and Miscellaneous ($71).

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 British Indian Ocean Territory has comparative advantage over Namibia. Similarly, the more yellow a dot/product is, the more Namibia has comparative advantage over British Indian Ocean Territory.

Product Space of British Indian Ocean Territory (Flag) and Namibia (Flag) (2022)

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