Namibia recorded a trade deficit of 2695.80 NAD Million in the first quarter of 2019. Balance of Trade in Namibia averaged -3046.45 NAD Million from 1999 until 2019, 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 -4200.00 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 -5150.00 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 -2695.80 -4703.90 577.60 -11476.60 NAD Million [+]
Current Account 1113.30 -1078.20 2409.00 -8019.40 NAD Million [+]
Current Account to GDP -2.10 -5.10 13.80 -15.50 percent [+]
Imports 15999.40 20024.40 21573.30 1991.60 NAD Million [+]
Exports 13303.60 15320.50 15320.50 1559.20 NAD Million [+]
Capital Flows 1030.90 -1070.70 1916.80 -9008.30 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 1829.00 -2271.00 7094.20 -2271.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2695.80 -4703.90 577.60 -11476.60 1999 - 2019 NAD Million Quarterly




Country Last Previous
Argentina 951.00 Jul/19
Australia 7268.00 Jul/19
Brazil 3280.00 Aug/19
Canada -1124.40 Jul/19
China 348.30 Aug/19
Euro Area 24789.70 Jul/19
France -4607.00 Jul/19
Germany 21449.00 Jul/19
India -13450.00 Aug/19
Indonesia 85.10 Aug/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico -1117.00 Jul/19
Netherlands 4127.00 Jul/19
Russia 11224.00 Jul/19
Saudi Arabia 131636.00 Mar/19
Singapore 3787.85 Aug/19
South Africa -2880.82 Jul/19
South Korea 1723.00 Aug/19
Spain -1532700.00 Jun/19
Switzerland 1152.71 Aug/19
Turkey -3191.93 Jul/19
United Kingdom -219.00 Jul/19
United States -53989.00 Jul/19


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