Namibia recorded a trade deficit of 5317.69 NAD Million in the fourth quarter of 2022. source: Bank of Namibia

Balance of Trade in Namibia averaged -3602.46 NAD Million from 1999 until 2022, reaching an all time high of 577.60 NAD Million in the third quarter of 2004 and a record low of -12073.30 NAD Million in the third quarter of 2022. This page provides - Namibia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Balance of Trade - values, historical data and charts - was last updated on June of 2023.

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Namibia Balance of Trade



Related Last Previous Unit Reference
Balance of Trade -5317.69 -12073.30 NAD Million Dec 2022
Current Account to GDP -12.30 -9.90 percent of GDP Dec 2022
Current Account -2655.50 -8353.00 NAD Million Dec 2022
Imports 27386.89 29136.74 NAD Million Dec 2022
Exports 22069.20 17063.44 NAD Million Dec 2022
Capital Flows -2971.70 -6358.60 NAD Million Dec 2022
Foreign Direct Investment 5021.30 4597.30 NAD Million Dec 2022
External Debt 32502.00 33065.00 NAD Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-5317.69 -12073.30 577.60 -12073.30 1999 - 2022 NAD Million Quarterly