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Namibia Trade Summary

2020

Namibia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR NAMIBIA 2020

Overall Exports and Imports for Namibia 2020

Exports and imports of Namibia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,868 million.
  • The total value of imports (CIF) was 5,038 million.
  • At the HS6 digit level, 2,576 products were exported to 154 countries and 4,017 products were imported from 187 countries.

Namibia top 5 Export and Import partners 2020

Top five countries to which Namibia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Namibia exports to China worth US$ 702 million, with a partner share of 18.14 percent.
  2. Namibia exports to South Africa worth US$ 693 million, with a partner share of 17.92 percent.
  3. Namibia exports to Botswana worth US$ 448 million, with a partner share of 11.59 percent.
  4. Namibia exports to Unspecified worth US$ 324 million, with a partner share of 8.37 percent.
  5. Namibia exports to Belgium worth US$ 257 million, with a partner share of 6.64 percent.

Top five countries from which Namibia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Namibia imports from South Africa worth US$ 2,322 million, with a partner share of 46.09 percent.
  2. Namibia imports from Namibia worth US$ 313 million, with a partner share of 6.21 percent.
  3. Namibia imports from China worth US$ 306 million, with a partner share of 6.07 percent.
  4. Namibia imports from Bulgaria worth US$ 260 million, with a partner share of 5.17 percent.
  5. Namibia imports from India worth US$ 175 million, with a partner share of 3.47 percent.

Namibia Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Namibia along with trade value are:

  1. Namibia exported Diamonds non-industrial unworked or simply sawn , worth 993,180.32 (US$ Thousands).
  2. Namibia exported Uranium ores and concentrates , worth 634,520.91 (US$ Thousands).
  3. Namibia exported Gold in unwrought forms non-monetary , worth 398,469.05 (US$ Thousands).
  4. Namibia exported Frozen fish fillets , worth 280,637.45 (US$ Thousands).
  5. Namibia exported Copper unrefined, copper anodes for electrolyti , worth 254,031.29 (US$ Thousands).

The top five imported HS 6 digit level products from world by Namibia along with trade value are

  1. Namibia imported Copper ores and concentrates , worth 562,546.72 (US$ Thousands).
  2. Namibia imported Petroleum oils, etc, (excl. crude); preparation , worth 551,681.66 (US$ Thousands).
  3. Namibia imported Diamonds non-industrial unworked or simply sawn , worth 341,307.97 (US$ Thousands).
  4. Namibia imported Cobalt oxides and hydroxides; commercial cobalt , worth 94,708.26 (US$ Thousands).
  5. Namibia imported Transmission apparatus, for radioteleph incorpo , worth 60,682.46 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Namibia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 82 percent.
  • The simple average tariff across all products was 6.66 percent.
  • The trade weighted average tariff was 1.26 .
  • The total duty free imports in thousands of US dollars were 5,664,535.80 and duty free tariff line items share was 66.98 percent.

Development Indicators 2020

Key Development Indicators of Namibia in 2020 are below

  • Namibia GDP in current US dollar was 10,584 million.
  • GNI per capita, Atlas method (current US$) was 4,650.00 .
  • Namibia Trade balance: as % of GDP was -9.57.
  • Trade balance in current US$ was -1,013.00 million.
  • Trade as percentage of GDP was 76.93 .
  • Trade in services as percentage of GDP was 13.53 .

Trade Indicators 2020

Trade Indicators for Namibia in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 2.18.
  • World Growth in percentage was -3.77 and Namibia Country Growth was -7.28 .