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Namibia Trade Summary

2023

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 2023

Overall Exports and Imports for Namibia 2023

Exports and imports of Namibia in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,526 million.
  • The total value of imports (CIF) was 7,300 million.
  • At the HS6 digit level, 2,919 products were exported to 165 countries and 4,118 products were imported from 200 countries.

Namibia top 5 Export and Import partners 2023

Top five countries to which Namibia exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Namibia exports to South Africa worth US$ 1,096 million, with a partner share of 19.83 percent.
  2. Namibia exports to Botswana worth US$ 1,063 million, with a partner share of 19.23 percent.
  3. Namibia exports to China worth US$ 679 million, with a partner share of 12.28 percent.
  4. Namibia exports to Zambia worth US$ 488 million, with a partner share of 8.83 percent.
  5. Namibia exports to Belgium worth US$ 291 million, with a partner share of 5.26 percent.

Top five countries from which Namibia imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Namibia imports from South Africa worth US$ 2,806 million, with a partner share of 38.44 percent.
  2. Namibia imports from China worth US$ 712 million, with a partner share of 9.75 percent.
  3. Namibia imports from India worth US$ 499 million, with a partner share of 6.84 percent.
  4. Namibia imports from United Arab Emirates worth US$ 312 million, with a partner share of 4.27 percent.
  5. Namibia imports from United States worth US$ 253 million, with a partner share of 3.47 percent.

Namibia Top 5 Productsexports imports at HS 6 digit level 2023

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 982,719.83 (US$ Thousands).
  2. Namibia exported Uranium ores and concentrates , worth 777,741.00 (US$ Thousands).
  3. Namibia exported Gold in unwrought forms non-monetary , worth 620,064.77 (US$ Thousands).
  4. Namibia exported Frozen fish fillets , worth 355,213.23 (US$ Thousands).
  5. Namibia exported Diamonds non-industrial nes excluding mounted o , worth 328,580.41 (US$ Thousands).

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

  1. Namibia imported Petroleum oils, etc, (excl. crude); preparation , worth 1,491,388.65 (US$ Thousands).
  2. Namibia imported Copper ores and concentrates , worth 247,155.87 (US$ Thousands).
  3. Namibia imported Diamonds non-industrial unworked or simply sawn , worth 106,702.98 (US$ Thousands).
  4. Namibia imported Diesel powered trucks with a GVW not exceeding , worth 104,516.46 (US$ Thousands).
  5. Namibia imported Photosensitive semiconductor devices,photovolta , worth 85,782.00 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Namibia in 2023 are below

  • The maximum rate of tariff in percentage on any product was 153.31 percent.
  • The simple average tariff across all products was 6.73 percent.
  • The trade weighted average tariff was 3.95 .
  • The total duty free imports in thousands of US dollars were 3,474,415.66 and duty free tariff line items share was 62.93 percent.

Development Indicators 2023

Key Development Indicators of Namibia in 2023 are below

  • Namibia GDP in current US dollar was 12,408 million.
  • GNI per capita, Atlas method (current US$) was 4,290.00 .
  • Namibia Trade balance: as % of GDP was -23.52.
  • Trade balance in current US$ was -2,918.00 million.
  • Trade as percentage of GDP was 110.77 .
  • Trade in services as percentage of GDP was 27.24 .

Trade Indicators 2023

Trade Indicators for Namibia in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 2.19.
  • World Growth in percentage was -3.13 and Namibia Country Growth was -0.78 .