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
width
height
Forecast Data Chart
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.


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


Related

Latest