Namibia
Compare Namibia →— · NAM · BACI 516 · latest data 2024
Exports
= $7,900 M33.9% over 5 yrs (up)
Imports
= $9,163 M52.4% over 5 yrs (up)
Trade balancedeficit
= −$1,263 M
Total trade
= $17,063 M43.2% over 5 yrs (up)
- World position
- #114 of 225 exporters · bottom half · #119 of 225 importers · bottom half · 2024
Trade timeline
Namibia's exports grew from $1.2B in 2000 to $7.9B in 2024; the 2024 balance was −$1.3B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 2000 | $1,168 M | $1,488 M | −$320 M | $2,656 M |
| 2001 | $1,604 M | $1,577 M | $28 M | $3,181 M |
| 2002 | $1,551 M | $1,403 M | $148 M | $2,954 M |
| 2003 | $1,725 M | $1,517 M | $208 M | $3,242 M |
| 2004 | $2,387 M | $2,592 M | −$204 M | $4,979 M |
| 2005 | $3,034 M | $2,704 M | $330 M | $5,737 M |
| 2006 | $3,978 M | $2,966 M | $1,012 M | $6,944 M |
| 2007 | $4,479 M | $4,390 M | $89 M | $8,869 M |
| 2008 | $5,396 M | $5,022 M | $373 M | $10,418 M |
| 2009 | $6,169 M | $6,607 M | −$437 M | $12,776 M |
| 2010 | $5,866 M | $6,510 M | −$644 M | $12,375 M |
| 2011 | $6,754 M | $7,243 M | −$489 M | $13,997 M |
| 2012 | $6,072 M | $7,960 M | −$1,888 M | $14,032 M |
| 2013 | $6,980 M | $8,238 M | −$1,258 M | $15,218 M |
| 2014 | $6,696 M | $8,803 M | −$2,108 M | $15,499 M |
| 2015 | $5,341 M | $8,577 M | −$3,235 M | $13,918 M |
| 2016 | $5,347 M | $7,135 M | −$1,788 M | $12,483 M |
| 2017 | $5,906 M | $6,922 M | −$1,016 M | $12,828 M |
| 2018 | $8,058 M | $8,566 M | −$508 M | $16,624 M |
| 2019 | $5,899 M | $6,014 M | −$115 M | $11,913 M |
| 2020 | $4,878 M | $5,237 M | −$359 M | $10,115 M |
| 2021 | $5,519 M | $7,727 M | −$2,208 M | $13,245 M |
| 2022 | $6,208 M | $7,847 M | −$1,639 M | $14,055 M |
| 2023 | $6,282 M | $7,422 M | −$1,140 M | $13,703 M |
| 2024 | $7,900 M | $9,163 M | −$1,263 M | $17,063 M |
Trading partners
South Africa was Namibia's top trading partner in 2024, at 27.1% of total trade; the top five partners covered 59.0%.
- Top partner share
- 27.1%
- Top-5 share
- 59.0%
- Partners
- 204
- Partner HHI (0–1)
- 0.114
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | South Africa | $1,224 M | $3,401 M | $4,625 M | −$2,178 M |
| #2 | China | $1,811 M | $992 M | $2,803 M | $819 M |
| #3 | Botswana | $973 M | $32 M | $1,005 M | $940 M |
| #4 | Zambia | $471 M | $361 M | $832 M | $110 M |
| #5 | Belgium | $713 M | $93 M | $806 M | $620 M |
| #6 | United Arab Emirates | $188 M | $316 M | $504 M | −$128 M |
| #7 | United States | $167 M | $305 M | $472 M | −$138 M |
| #8 | DR Congo | $216 M | $180 M | $396 M | $35 M |
| #9 | India | $75 M | $309 M | $384 M | −$234 M |
| #10 | Spain | $297 M | $82 M | $379 M | $215 M |
| #11 | Peru | $0 M | $318 M | $318 M | −$318 M |
| #12 | Germany | $85 M | $232 M | $318 M | −$147 M |
| #13 | Netherlands | $213 M | $93 M | $306 M | $120 M |
| #14 | France | $195 M | $61 M | $256 M | $134 M |
| #15 | Canada | $187 M | $41 M | $228 M | $146 M |
Products & sectors
Product composition of Namibia's trade in 2024.
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Concentration & risk
Namibia's export partners concentrated over 2000–2024 — HHI 0.100 → 0.110, a moderately concentrated export base across 174 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 2000 | 0.100 | 0.674 | 142 | 127 |
| 2001 | 0.201 | 0.669 | 135 | 126 |
| 2002 | 0.126 | 0.516 | 146 | 128 |
| 2003 | 0.123 | 0.563 | 140 | 117 |
| 2004 | 0.137 | 0.630 | 160 | 139 |
| 2005 | 0.142 | 0.600 | 162 | 134 |
| 2006 | 0.125 | 0.603 | 164 | 127 |
| 2007 | 0.118 | 0.514 | 164 | 124 |
| 2008 | 0.117 | 0.410 | 171 | 130 |
| 2009 | 0.139 | 0.438 | 167 | 125 |
| 2010 | 0.102 | 0.445 | 170 | 132 |
| 2011 | 0.095 | 0.456 | 171 | 134 |
| 2012 | 0.067 | 0.396 | 169 | 128 |
| 2013 | 0.097 | 0.335 | 179 | 134 |
| 2014 | 0.073 | 0.307 | 175 | 157 |
| 2015 | 0.102 | 0.338 | 174 | 161 |
| 2016 | 0.083 | 0.305 | 181 | 161 |
| 2017 | 0.067 | 0.302 | 179 | 171 |
| 2018 | 0.078 | 0.208 | 182 | 174 |
| 2019 | 0.105 | 0.282 | 181 | 176 |
| 2020 | 0.101 | 0.242 | 171 | 179 |
| 2021 | 0.111 | 0.176 | 171 | 191 |
| 2022 | 0.115 | 0.158 | 174 | 193 |
| 2023 | 0.114 | 0.152 | 180 | 196 |
| 2024 | 0.110 | 0.160 | 174 | 196 |
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