Namibia recorded a trade deficit of 5954.86 NAD Million in the first quarter of 2020.
Balance of Trade in Namibia averaged -3176.27 NAD Million from 1999 until 2020, 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. 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 October of 2020. source: Bank of Namibia
Balance of Trade in Namibia is expected to be -2800.00 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 -4100.00 in 12 months time. In the long-term, the Namibia Balance of Trade is projected to trend around -4550.00 NAD Million in 2021 and -5500.00 NAD Million in 2022, according to our econometric models.