Namibia (NAM)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Namibia - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | South Africa (ZAF) | 19.0% $1.24B | 36.3% $3.23B | 29.0% $4.47B |
| 2 | China (CHN) | 17.2% $1.12B | 11.0% $978.02M | 13.6% $2.10B |
| 3 | Botswana (BWA) | 14.9% $972.73M | 0.0% $0 | 6.3% $972.73M |
| 4 | Zambia (ZMB) | 9.4% $612.43M | 3.1% $273.91M | 5.7% $886.34M |
| 5 | United Arab Emirates (ARE) | 2.9% $188.17M | 3.6% $316.20M | 3.3% $504.37M |
| 6 | USA (USA) | 2.7% $173.98M | 3.2% $283.59M | 3.0% $457.57M |
| 7 | Belgium (BEL) | 5.2% $341.24M | 1.0% $91.15M | 2.8% $432.39M |
| 8 | Dem. Rep. of the Congo (COD) | 3.3% $215.70M | 2.0% $180.32M | 2.6% $396.02M |
| 9 | Spain (ESP) | 4.8% $310.90M | 0.9% $80.40M | 2.5% $391.30M |
| 10 | India (IND) | 0.7% $45.77M | 3.5% $314.77M | 2.3% $360.54M |
- In 2024, Namibia exported $6.5B and imported $8.9B, resulting in a trade balance of -$2.3B.
- Namibia ranked 100th in total trade globally in the latest data.
- Namibia's top export destination is South Africa, accounting for 19.0% of total exports with a value of $1.2B.
- South Africa is also Namibia's largest source of imports, representing 36.3% of the total at $3.2B.
- The leading export category for Namibia is Natural, cultured pearls and precious stones (HS2 71), with exports valued at $1.8B.
- The top import category is Mineral fuels and oils (HS2 27), with imports of $1.4B.
Namibia's Trade in 2024
Based on the latest available data for 2024, Namibia's international trade activity involved $15.4B in total trade. The country's exports were valued at $6.5B and its imports at $8.9B, leading to a trade deficit of -$2.3B. Globally, Namibia was ranked 94th for its exports and 101st for its imports.
Export Profile
Namibia's export economy is led by the Natural, cultured pearls and precious stones category, which accounts for 28.2% of all exports, valued at $1.8B. The second-largest export category is Ores, slag and ash, with $1.5B in exports (22.4% share). Namibia's primary export partners are South Africa (19.0%), China (17.2%), and Botswana (14.9%).
Import Profile
On the import side, Namibia's most significant product category is Mineral fuels and oils, with imports totaling $1.4B, or 15.9% of the total. Machinery and mechanical appliances follow, with imports valued at $980.2M. The main sources for Namibia's imports are South Africa, which supplies 36.3% of the total ($3.2B), followed by China at 11.0% ($978.0M).
Exports
Namibia - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Namibia - export composition by product categories (Exports), 2024 (USD)
Namibia - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Namibia - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.