Namibia recorded a trade deficit of 4725.70 NAD Million in the fourth quarter of 2018. Balance of Trade in Namibia averaged -3061.67 NAD Million from 1999 until 2018, reaching an all time high of 577.60 NAD Million in the third quarter of 2004 and a record low of -11476.60 NAD Million in the third quarter of 2015.

Balance of Trade in Namibia is expected to be -3700.00 NAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Namibia to stand at -4950.00 in 12 months time. In the long-term, the Namibia Balance of Trade is projected to trend around -3000.00 NAD Million in 2020, according to our econometric models.

Namibia Balance of Trade
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Namibia Trade Last Previous Highest Lowest Unit
Balance of Trade -4725.70 -5819.40 577.60 -11476.60 NAD Million [+]
Current Account -1487.60 -595.20 2409.00 -8001.10 NAD Million [+]
Current Account to GDP -2.10 -5.10 13.80 -15.50 percent [+]
Imports 20024.40 21087.60 21573.30 1991.60 NAD Million [+]
Exports 15298.70 15268.30 15298.70 1559.20 NAD Million [+]
Capital Flows -344.60 -482.90 3084.50 -8357.80 NAD Million [+]
Terms Of Trade 136.20 125.00 136.20 93.70 Index Points [+]
Terrorism Index 0.00 0.00 3.03 0.00 [+]
Foreign Direct Investment -2104.70 1347.80 7094.20 -2104.70 NAD Million [+]
External Debt 32155.60 26425.90 32155.60 2873.30 NAD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Namibia Balance of Trade

Namibia exports mostly diamonds (25% of total exports), uranium, lead, zinc, tin, silver, tungsten, food and live animals and manufactured products. Namibia's main exports partners are South Africa (27% of total), United Kingdom (17%), USA, Angola, Netherlands and Spain. Namibia imports food products; petroleum products and fuel, machinery and equipment and chemicals. South Africa is Namibia’s major import partner (66% of total imports), followed by the Netherlands, United Kingdom and China. This page provides - Namibia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4725.70 -5819.40 577.60 -11476.60 1999 - 2018 NAD Million Quarterly




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4871.00 Apr/19
Brazil 6422.00 May/19
Canada -966.20 Apr/19
China 416.58 May/19
Euro Area 22532.90 Mar/19
France -4981.00 Apr/19
Germany 17900.00 Apr/19
India -15360.00 May/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 4154.00 Apr/19
Russia 13705.00 Apr/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa -3427.45 Apr/19
South Korea 2271.00 May/19
Spain -2352600.00 Mar/19
Switzerland 1906.00 Apr/19
Turkey -2982.01 Apr/19
United Kingdom -2740.00 Apr/19
United States -50791.00 Apr/19


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