Namibia recorded a trade deficit of 8268.41 NAD Million in the first quarter of 2021. source: Bank of Namibia

Balance of Trade in Namibia averaged -3221.16 NAD Million from 1999 until 2021, reaching an all time high of 793 NAD Million in the second quarter of 2020 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 September of 2021.

Balance of Trade in Namibia is expected to be -5100.00 NAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Balance of Trade is projected to trend around -6000.00 NAD Million in 2022 and -7700.00 NAD Million in 2023, according to our econometric models.

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

Actual Previous Highest Lowest Dates Unit Frequency
-8268.41 -3476.34 793.00 -11476.60 1999 - 2021 NAD Million Quarterly

Namibia Trade Last Previous Highest Lowest Unit
Balance of Trade -8268.41 -3476.34 793.00 -11476.60 NAD Million [+]
Current Account -4001.50 -855.50 4704.90 -7961.10 NAD Million [+]
Current Account to GDP 1.90 -1.70 13.80 -16.10 percent of GDP [+]
Imports 17297.74 19147.82 21573.30 1991.60 NAD Million [+]
Exports 9029.32 15671.48 15893.10 1559.20 NAD Million [+]
Capital Flows -3373.10 -2634.50 5217.80 -7180.20 NAD Million [+]
Foreign Direct Investment 1822.87 140.28 6789.40 -1757.08 NAD Million [+]
External Debt 33065.00 30852.00 33065.00 2873.30 NAD Million [+]
Terms Of Trade 109.70 109.40 113.90 89.50 points [+]
Terrorism Index 0.00 0.00 3.03 0.00 [+]
Tourist Arrivals 1595973.00 1557279.00 1595973.00 777890.00 Persons [+]

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.