Norway (NOR) and Namibia (NAM) Trade | The Observatory of Economic Complexity

About

Norway-Namibia In 2022, Norway exported $15.1M to Namibia. The main products that Norway exported to Namibia are Other Small Iron Pipes ($1.84M), Excavation Machinery ($1.5M), and Other Electrical Machinery ($1.38M). During the last 22 years the exports of Norway to Namibia have increased at an annualized rate of 7.46%, from $3.1M in 2000 to $15.1M in 2022.

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

Namibia-Norway In 2022, Namibia exported $21.7M to Norway. The main products that Namibia exported to Norway were Bovine Meat ($12.5M), Frozen Bovine Meat ($3.07M), and Grapes ($1.61M). During the last 22 years the exports of Namibia to Norway have increased at an annualized rate of 10.3%, from $2.5M in 2000 to $21.7M in 2022.

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

Comparison In 2022, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Latest Trends

March, 2024

About

Overview In March 2024, Norway exported NOK58.4M and imported NOK7.45M from Namibia, resulting in a positive trade balance of NOK50.9M. Between March 2023 and March 2024 the exports of Norway have increased by NOK30.2M (107%) from NOK28.2M to NOK58.4M, while imports decreased by NOK-1.68M (-18.4%) from NOK9.13M to NOK7.45M.

Trade In March 2024, the top exports of Norway to Namibia were Machinery specialized for particular industries (NOK7.41M), General industrial machinery and equipment, n.e.s.,... (NOK5.11M), Manufactures of metals, n.e.s. (NOK1.95M), Professional, scientific and controlling instruments and... (NOK989k), and Inorganic chemicals (NOK850k). In March 2024 the top imports of Norway from Namibia were Meat and meat preparations (NOK22.1M), Vegetables and fruit (NOK3.91M), Rubber manufactures, n.e.s. (NOK263k), Prefabricated buildings; sanitary, plumbing, heating and... (NOK134k), and Non-ferrous metals (NOK125k).

Growth In March 2024, the increase in Norway's year-by-year exports to Namibia was explained primarily by an increase in product exports in Machinery specialized for particular industries (NOK7.29M or 6.34k%), General industrial machinery and equipment, n.e.s.,... (NOK4.05M or 381%), and Manufactures of metals, n.e.s. (NOK1.93M or 13.8k%). In March 2024, the decrease in Norway's year-by-year imports from Namibia was explained primarily by an decrease in product imports in Vegetables and fruit (NOK-1.43M or -26.8%), Meat and meat preparations (NOK-940k or -4.07%), and Medicinal and pharmaceutical products (NOK-153k or -100%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)NOK30.2M(107%)

IMPORT GROWTH (March 2023 - March 2024)NOK-1.68M(-18.4%)

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

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

For full datasets download visit Bulk Download page.

Explore Namibia and Norway Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norway exported $15.1M to Namibia. The main products exported from Norway to Namibia were Other Small Iron Pipes ($1.84M), Excavation Machinery ($1.5M), and Other Electrical Machinery ($1.38M). During the last 22 years the exports of Norway to Namibia have increased at an annualized rate of 7.46%, from $3.1M in 2000 to $15.1M in 2022.

In 2022, Namibia exported $21.7M to Norway. The main products exported from Namibia to Norway were Bovine Meat ($12.5M), Frozen Bovine Meat ($3.07M), and Grapes ($1.61M). During the last 22 years the exports of Namibia to Norway have increased at an annualized rate of 10.3%, from $2.5M in 2000 to $21.7M in 2022.

Exports from Norway () to Namibia () (2022)

Exports from Namibia () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Namibia
Top DestinationSouth Africa$1.75B

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

In 2021, countries that imported more from Norway than Namibia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Namibia than Norway were South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Norway - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Namibia in the exports of Machines ($7.24M), Metals ($3.27M), and Instruments ($1.92M).

During 2022, Namibia had a large net trade with Norway in the exports of Animal Products ($15.8M), Machines ($1.69M), and Vegetable Products ($1.63M).

Economic Complexity

Competitive Landscape

Year

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 Norway has comparative advantage over Namibia. Similarly, the more yellow a dot/product is, the more Namibia has comparative advantage over Norway.

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Norway () to Namibia () (2022)

Exports from Namibia () to Norway () (2022)

Market Competitiveness

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

Comparative Advantage Norway - Namibia

Economic Complexity

Competitive Landscape

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

Keep Exploring