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.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
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