Namibia - Trade Openness 2023
110.77%
+11.51% from 2022
Namibia's trade openness was 110.77% in 2023, increased +11.51% from 99.26% in 2022. This was the 125th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 2.47% | -8.3% |
| 2nd | United States | 25.29% | -7.4% |
| 3rd | Argentina | 26.68% | -15.5% |
| 4th | Pakistan | 28.47% | -13.8% |
| 5th | Haiti | 30.79% | -15.7% |
| 6th | Bangladesh | 30.98% | -8.3% |
| 7th | Uganda | 33.34% | -3.4% |
| 8th | Brazil | 33.67% | -13.3% |
| 9th | Turkmenistan | 34.10% | -8.7% |
| 10th | China | 36.11% | -3.6% |
| 11th | Cameroon | 37.89% | -8.2% |
| 12th | Tanzania | 38.21% | 9.2% |
| 13th | Gambia, The | 39.96% | -10.6% |
| 14th | Zimbabwe | 40.29% | -26.8% |
| 15th | Colombia | 40.39% | -16.4% |
| 16th | Egypt, Arab Republic of | 40.45% | 9.4% |
| 17th | Guinea-Bissau | 40.47% | -11.5% |
| 18th | Russian Federation | 40.83% | -4.6% |
| 19th | Kenya | 41.11% | 2.1% |
| 20th | Indonesia | 41.34% | -9.1% |
| 21st | Nepal | 41.57% | -15.1% |
| 22nd | Malawi | 42.44% | -2.7% |
| 23rd | Central African Republic | 43.48% | -3.9% |
| 24th | Sri Lanka | 43.54% | -6.7% |
| 25th | Algeria | 43.74% | -14.6% |
| 26th | Benin | 44.66% | 0.6% |
| 27th | India | 44.99% | -10.1% |
| 28th | Japan | 45.15% | -3.6% |
| 29th | Comoros | 45.68% | -9.3% |
| 30th | Niger | 46.48% | -12.0% |
| 31st | Chad | 46.90% | -2.3% |
| 32nd | Guatemala | 48.30% | -11.3% |
| 33rd | Côte d'Ivoire | 48.82% | -7.7% |
| 34th | Australia | 49.04% | 7.3% |
| 35th | Iran, Islamic Republic of | 49.39% | 1.0% |
| 36th | Bolivia, Plurinational State of | 49.61% | -13.8% |
| 37th | Dominican Republic | 49.84% | -8.3% |
| 38th | New Zealand | 50.41% | -5.7% |
| 39th | Peru | 50.79% | -11.4% |
| 40th | New Caledonia | 51.63% | 2.3% |
| 41st | Uruguay | 52.91% | -13.3% |
| 42nd | Angola | 53.03% | -4.0% |
| 43rd | Saudi Arabia | 54.17% | -4.7% |
| 44th | Sierra Leone | 55.29% | 22.7% |
| 45th | Ecuador | 57.00% | -7.9% |
| 46th | Mali | 57.53% | -6.5% |
| 47th | Israel | 57.99% | -4.4% |
| 48th | Chile | 60.72% | -19.3% |
| 49th | Madagascar | 61.13% | -13.3% |
| 50th | Equatorial Guinea | 61.44% | -24.9% |
| 51st | Kazakhstan | 62.33% | -8.8% |
| 52nd | Burkina Faso | 63.13% | -6.5% |
| 53rd | Ghana | 64.39% | -8.2% |
| 54th | Rwanda | 64.91% | 6.2% |
| 55th | United Kingdom | 64.99% | -6.1% |
| 56th | Italy | 65.11% | -9.6% |
| 57th | Tajikistan | 65.63% | 0.3% |
| 58th | South Africa | 65.68% | 1.1% |
| 59th | Türkiye | 65.68% | -17.8% |
| 60th | Uzbekistan | 66.11% | 5.2% |
| 61st | Canada | 66.63% | -1.0% |
| 62nd | Philippines | 67.42% | -6.9% |
| 63rd | Afghanistan | 67.58% | -7.3% |
| 64th | Botswana | 68.80% | -19.6% |
| 65th | Iraq | 69.46% | 1.0% |
| 66th | France | 70.63% | -7.0% |
| 67th | Senegal | 71.39% | -10.3% |
| 68th | French Polynesia | 71.67% | 3.1% |
| 69th | Spain | 71.80% | -8.5% |
| 70th | Costa Rica | 72.47% | -11.9% |
| 71st | Mexico | 73.58% | -17.1% |
| 72nd | Bermuda | 73.59% | -2.1% |
| 73rd | Bahamas, The | 76.55% | 0.7% |
| 74th | Ukraine | 77.51% | -11.3% |
| 75th | Zambia | 78.24% | 12.9% |
| 76th | West Bank and Gaza | 79.53% | -3.5% |
| 77th | Tonga | 79.62% | 13.5% |
| 78th | Norway | 80.36% | -2.7% |
| 79th | Samoa | 80.84% | 32.9% |
| 80th | El Salvador | 81.71% | -7.9% |
| 81st | Bhutan | 81.74% | -4.5% |
| 82nd | Germany | 81.96% | -7.7% |
| 83rd | Korea | 82.26% | -9.2% |
| 84th | Albania | 82.35% | -2.8% |
| 85th | Paraguay | 82.41% | 11.8% |
| 86th | Romania | 83.38% | -11.3% |
| 87th | Azerbaijan | 83.54% | -4.0% |
| 88th | Finland | 85.56% | -9.5% |
| 89th | Congo, Democratic Republic of | 86.74% | 1.1% |
| 90th | Iceland | 87.40% | -6.1% |
| 91st | Panama | 88.35% | -5.5% |
| 92nd | Timor-Leste | 89.30% | -8.5% |
| 93rd | Gabon | 91.48% | -0.6% |
| 94th | Greenland | 91.89% | -1.6% |
| 95th | Mauritania | 92.17% | -9.7% |
| 96th | Greece | 92.47% | -14.5% |
| 97th | Morocco | 93.12% | -7.7% |
| 98th | Portugal | 93.14% | -8.1% |
| 99th | Moldova | 93.99% | -16.2% |
| 100th | Cabo Verde | 95.03% | -2.0% |
| 101st | European Union | 95.22% | -8.2% |
| 102nd | Guinea | 95.83% | 1.8% |
| 103rd | Kuwait | 96.08% | 5.7% |
| 104th | Congo, Republic of | 96.21% | -2.0% |
| 105th | Micronesia, Federated States of | 97.86% | 8.0% |
| 106th | Honduras | 98.79% | -12.3% |
| 107th | Bosnia and Herzegovina | 99.63% | -9.6% |
| 108th | Eswatini | 99.72% | 7.7% |
| 109th | Jordan | 100.35% | -3.6% |
| 110th | Solomon Islands | 101.13% | 35.1% |
| 111th | Puerto Rico (US) | 101.66% | 3.5% |
| 112th | Somalia, Fed. Rep. | 103.12% | 13.6% |
| 113th | Lebanon | 104.21% | -9.3% |
| 114th | Nicaragua | 105.00% | -9.1% |
| 115th | Mozambique | 106.06% | -21.6% |
| 116th | Belize | 106.40% | -1.3% |
| 117th | Oman | 106.45% | 0.7% |
| 118th | Palau | 106.70% | 1.4% |
| 119th | Georgia | 107.15% | -6.6% |
| 120th | Croatia | 107.28% | -14.5% |
| 121st | Kiribati | 107.60% | -0.1% |
| 122nd | Sweden | 107.62% | 0.5% |
| 123rd | Kosovo | 109.95% | -0.1% |
| 124th | Poland | 110.02% | -10.6% |
| 125th | Namibia | 110.77% | 11.6% |
| 126th | Tunisia | 112.13% | -3.4% |
| 127th | Faroe Islands | 113.34% | -7.8% |
| 128th | Serbia | 114.49% | -13.2% |
| 129th | Austria | 115.15% | -6.8% |
| 130th | Montenegro | 116.81% | -6.9% |
| 131st | Marshall Islands | 118.49% | -7.7% |
| 132nd | Bulgaria | 119.90% | -13.6% |
| 133rd | Cuba | 120.53% | 28.4% |
| 134th | Armenia | 123.42% | 18.8% |
| 135th | Thailand | 128.82% | -3.0% |
| 136th | Denmark | 129.63% | -1.8% |
| 137th | Belarus | 131.58% | 9.6% |
| 138th | Czechia | 131.89% | -8.4% |
| 139th | Kyrgyz Republic | 132.37% | -1.1% |
| 140th | Malaysia | 132.59% | -9.4% |
| 141st | Cambodia | 134.21% | -8.0% |
| 142nd | Switzerland | 135.32% | -2.3% |
| 143rd | Latvia | 135.64% | -15.2% |
| 144th | Brunei Darussalam | 136.86% | -6.9% |
| 145th | Lesotho | 141.51% | -0.6% |
| 146th | Mongolia | 142.86% | 4.8% |
| 147th | Nauru | 143.96% | -14.0% |
| 148th | Macao SAR, China | 145.87% | -14.4% |
| 149th | Mauritius | 147.32% | -0.2% |
| 150th | North Macedonia | 147.79% | -11.0% |
| 151st | Lithuania | 149.04% | -15.1% |
| 152nd | Maldives | 149.35% | -7.9% |
| 153rd | Estonia | 154.59% | -12.0% |
| 154th | Bahrain | 157.45% | -5.8% |
| 155th | Hungary | 158.39% | -14.4% |
| 156th | Aruba | 159.02% | -1.0% |
| 157th | Libya | 159.43% | 2.0% |
| 158th | Slovenia | 160.16% | -14.2% |
| 159th | Viet Nam | 164.82% | -10.0% |
| 160th | Netherlands | 165.03% | -10.4% |
| 161st | Belgium | 165.85% | -13.3% |
| 162nd | Seychelles | 180.83% | -4.7% |
| 163rd | Slovak Republic | 181.39% | -11.1% |
| 164th | Cyprus | 190.74% | -7.3% |
| 165th | United Arab Emirates | 199.04% | 7.2% |
| 166th | Malta | 221.06% | -9.8% |
| 167th | Ireland | 239.65% | 0.8% |
| 168th | Djibouti | 285.90% | -5.4% |
| 169th | Singapore | 325.69% | -2.0% |
| 170th | San Marino | 340.98% | -8.0% |
| 171st | Hong Kong SAR, China | 353.01% | -8.3% |
| 172nd | Luxembourg | 402.57% | -2.3% |
FAQ
What was Namibia's trade openness in 2023?▾
Namibia's trade openness in 2023 was 110.77%. This ranked 125th globally.
How did Namibia's trade openness change in 2023?▾
Namibia's trade openness increased by 11.6% in 2023 compared to 2022.
Which country had the highest trade openness in 2023?▾
Luxembourg had the highest trade openness in 2023 at 402.57%.
What is the trade openness of Namibia in 2023?▾
The trade openness of Namibia in 2023 was 110.77%. This ranked 125th globally.
How does 2023 compare to 2022 for Namibia's trade openness?▾
Namibia's trade openness went from 99.26% in 2022 to 110.77% in 2023, a 11.6% increase.
Related
2022
2024
All years
Full ranking 2023
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 1980
Lowest: 2020
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Morocco
vs Tunisia
vs Viet Nam
vs Jordan
African Union Trade Openness
Global Ranking