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Namibia's trade data reflects its economic activities in the global market. In 2022, Namibia was ranked as the world's 141st economy in terms of GDP and 121st in total exports. The country's top exports include diamonds, gold, and radioactive chemicals, with South Africa being the largest export destination. Imports mainly consist of refined petroleum and special purpose ships, predominantly from South Africa and China. Namibia's trade is significant for its economy, with a diverse range of products and partners involved in its import and export activities.
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In 2022, Namibia’s major trading partners for exports were:
South Africa: $1.75 billion
Botswana: $672 million
China: $628 million
Zambia: $279 million
France: $272 million
For imports, the main partners were:
South Africa: $3.3 billion
China: $575 million
Nigeria: $433 million
India: $355 million
United Arab Emirates: $296 million
Namibia has a diverse range of trade industries. Here are the top 10:
Diamonds: Namibia is a significant exporter of diamonds, contributing a large portion to its economy1.
Gold: Another valuable export, gold plays a crucial role in Namibia’s trade1.
Radioactive Chemicals: This includes uranium, which is a major export product1.
Special Purpose Ships: Namibia exports specialized ships1.
Refined Petroleum: This is a key import and export product1.
Fish: Namibia’s fishing industry is robust, with fish being a major export2.
Mineral Fuels: Including oil, this sector is growing rapidly2.
Copper: Namibia exports significant amounts of copper2.
Salt, Sulphur, Stone, and Cement: These materials are also important exports2.
Inorganic Chemicals: This includes various chemicals used in different industries
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