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Namibia trade in 2024

In 2024, Namibia exported $7.9 billion and imported $9.2 billion, a trade deficit of $1.3 billion. It was the world's 115th-largest exporter, with 0.03% of world exports. Its top export was diamonds (13.8% of the total) and its main trading partner was South Africa (27.1% of its trade).

Summary

Exports
$7.9billion
Imports
$9.2billion
Trade balance
-$1.3billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Diamonds (13.8%) and uranium and thorium ore (13.6%) together make up 27.4% of its exports.

  1. Diamonds$1.1 billion · 13.8%
    Main partner: Botswana
  2. Uranium and thorium ore$1.1 billion · 13.6%
    Main partner: China
  3. Radioactive elements$847 million · 10.7%
    Main partner: China
  4. Gold$797 million · 10.1%
    Main partner: South Africa
  5. Frozen fish$377 million · 4.8%
    Main partner: Zambia
  6. Fish fillets$358 million · 4.5%
    Main partner: Spain
  7. Refined copper$355 million · 4.5%
    Main partner: Belgium
  8. Unrefined copper$346 million · 4.4%
    Main partner: Belgium
  9. Refined petroleum$286 million · 3.6%
    Main partner: Botswana
  10. Nickel ore$209 million · 2.7%
    Main partner: China

What it imports

Refined petroleum (14.9%) and copper ore (4.7%) together make up 19.6% of its imports.

  1. Refined petroleum$1.4 billion · 14.9%
    Main partner: United Arab Emirates
  2. Copper ore$427 million · 4.7%
    Main partner: Peru
  3. Trucks$265 million · 2.9%
    Main partner: South Africa
  4. Nickel ore$242 million · 2.6%
    Main partner: Zambia
  5. Electricity$204 million · 2.2%
    Main partner: South Africa
  6. Cars$178 million · 2%
    Main partner: South Africa
  7. Airplanes and helicopters$164 million · 1.8%
    Main partner: China
  8. Cobalt oxides$144 million · 1.6%
    Main partner: Democratic Republic of the Congo
  9. Medicines in measured doses or retail packs$141 million · 1.5%
    Main partner: South Africa
  10. New tires$114 million · 1.2%
    Main partner: Japan
By Harmonized System chapter (96)
ChapterExportsImports
71 · Gems and precious metals$1.9 billion$11 million
26 · Ores and slag$1.6 billion$868 million
28 · Inorganic chemicals$1 billion$247 million
03 · Fish and seafood$804 million$35 million
74 · Copper$705 million$13 million
27 · Oil, gas and coal$306 million$1.6 billion
25 · Salt, stone and cement$165 million$70 million
08 · Fruit and nuts$141 million$25 million
01 · Live animals$134 million$3 million
84 · Mechanical machinery$117 million$945 million
02 · Meat and offal$114 million$41 million
44 · Wood$105 million$55 million
31 · Fertilizers$87 million$203 million
22 · Beverages and spirits$84 million$191 million
72 · Iron and steel$77 million$116 million
85 · Electrical and electronic equipment$72 million$535 million
40 · Rubber$50 million$161 million
19 · Baked goods and cereal products$42 million$67 million
73 · Iron and steel products$36 million$286 million
39 · Plastics$33 million$236 million
87 · Vehicles$33 million$679 million
07 · Vegetables$28 million$24 million
38 · Miscellaneous chemicals$20 million$112 million
63 · Home textiles and used clothing$20 million$45 million
68 · Stone, plaster and cement articles$18 million$14 million
11 · Milling products and malt$17 million$36 million
34 · Soap and cleaning products$16 million$91 million
90 · Precision and medical instruments$15 million$150 million
23 · Animal feed and food waste$12 million$75 million
16 · Prepared meat and fish$11 million$44 million
41 · Hides and leather$9 million$2 million
12 · Oilseeds and grains$8 million$27 million
94 · Furniture and lighting$6 million$79 million
17 · Sugar and sweets$5 million$127 million
82 · Tools and cutlery$4 million$47 million
97 · Art and antiques$4 million$2 million
69 · Ceramics$4 million$31 million
76 · Aluminum$4 million$30 million
33 · Perfumes and cosmetics$3 million$107 million
81 · Other base metals$3 million$196 thousand
32 · Dyes, paints and tanning agents$3 million$41 million
30 · Pharmaceuticals$3 million$209 million
62 · Woven clothing$3 million$64 million
04 · Dairy, eggs and honey$3 million$51 million
48 · Paper and paperboard$3 million$138 million
15 · Fats and oils$2 million$61 million
83 · Miscellaneous metal goods$2 million$30 million
64 · Footwear$2 million$50 million
29 · Organic chemicals$2 million$21 million
88 · Aircraft and spacecraft$2 million$186 million
21 · Food preparations$1 million$73 million
75 · Nickel$1 million$693 thousand
47 · Wood pulp$1 million$240 thousand
05 · Other animal products$1 million$2 million
89 · Ships and boats$1 million$198 million
86 · Railway equipment$1 million$8 million
61 · Knitted clothing$1 million$79 million
43 · Fur and fur goods$1 million$107 thousand
24 · Tobacco$1 million$34 million
20 · Preserved fruit and vegetables$1 million$61 million
80 · Tin$1 million$2 million
79 · Zinc$717 thousand$338 thousand
96 · Other manufactured goods$693 thousand$14 million
56 · Felt, nonwovens and rope$676 thousand$13 million
95 · Toys and sports gear$670 thousand$17 million
70 · Glass$592 thousand$42 million
78 · Lead$459 thousand$956 thousand
42 · Leather goods and bags$434 thousand$21 million
10 · Cereals$402 thousand$174 million
49 · Books and printed matter$398 thousand$15 million
36 · Explosives and matches$388 thousand$11 million
93 · Weapons and ammunition$281 thousand$5 million
35 · Glues, starches and enzymes$203 thousand$8 million
92 · Musical instruments$169 thousand$820 thousand
57 · Carpets and rugs$168 thousand$5 million
65 · Hats$163 thousand$7 million
18 · Cocoa and chocolate$150 thousand$17 million
60 · Knitted fabric$130 thousand$1 million
59 · Coated and technical textiles$111 thousand$5 million
06 · Live plants and flowers$95 thousand$5 million
09 · Coffee, tea and spices$91 thousand$29 million
52 · Cotton$67 thousand$1 million
55 · Synthetic staple fibers$65 thousand$1 million
54 · Synthetic filaments$45 thousand$4 million
51 · Wool$43 thousand$240 thousand
13 · Gums and plant extracts$33 thousand$755 thousand
91 · Watches and clocks$30 thousand$3 million
66 · Umbrellas and canes$29 thousand$709 thousand
46 · Wicker and basketware$26 thousand$382 thousand
53 · Other plant fibers$21 thousand$465 thousand
67 · Feathers and artificial flowers$16 thousand$6 million
58 · Special fabrics and lace$14 thousand$5 million
14 · Other plant products$3 thousand$71 thousand
45 · Cork$3 thousand$57 thousand
50 · Silk$2 thousand$2 million
37 · Photographic goods$1 thousand$708 thousand

Trading partners

Its main destination is China (22.9% of exports) and its main source is South Africa (37.1% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
China1.822.9%Air
South Africa1.215.5%Land
Botswana0.9712.3%Land
Belgium0.719%Sea
Zambia0.476%Land
Spain0.33.8%Sea
Democratic Republic of the Congo0.222.7%Sea
Netherlands0.212.7%Sea
France0.192.5%Air
United Arab Emirates0.192.4%Air

Who it buys from

PartnerValue (USD billions)ShareMode
South Africa3.437.1%Land
China0.9910.8%Sea
Zambia0.363.9%Land
Peru0.323.5%Sea
United Arab Emirates0.323.5%Sea
India0.313.4%Sea
United States0.33.3%Sea
Germany0.232.5%Sea
Oman0.212.3%Sea
Democratic Republic of the Congo0.182%Sea

Overview 1995–2024

In 2024, Namibia accounted for 0.03% of world exports, compared with 0.02% in 2000.

Exports and imports

Exports grew 7-fold since 2000

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 7.9
  • Imports 9.2
  • Balance -1.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$0$0$0
1996$0$0$0
1997$0$0$0
1998$0$0$0
1999$0$0$0
2000$1.2 billion$1.5 billion-$331 million
2001$1.6 billion$1.6 billion$20 million
2002$1.6 billion$1.4 billion$149 million
2003$1.7 billion$1.5 billion$207 million
2004$2.4 billion$2.6 billion-$191 million
2005$3.1 billion$2.7 billion$351 million
2006$4 billion$3 billion$1 billion
2007$4.5 billion$4.4 billion$84 million
2008$5.4 billion$5 billion$375 million
2009$6.2 billion$6.6 billion-$408 million
2010$5.8 billion$6.5 billion-$673 million
2011$6.7 billion$7.2 billion-$474 million
2012$6.1 billion$8 billion-$1.9 billion
2013$7 billion$8.2 billion-$1.2 billion
2014$6.7 billion$8.9 billion-$2.2 billion
2015$5.4 billion$8.6 billion-$3.2 billion
2016$5.4 billion$7.1 billion-$1.8 billion
2017$5.9 billion$6.9 billion-$1 billion
2018$8.1 billion$8.6 billion-$493 million
2019$5.9 billion$6 billion-$125 million
2020$4.9 billion$5.2 billion-$378 million
2021$5.5 billion$7.7 billion-$2.2 billion
2022$6.1 billion$7.9 billion-$1.7 billion
2023$6.3 billion$8 billion-$1.7 billion
2024$7.9 billion$9.2 billion-$1.3 billion

World rank

Namibia rose from 120th to 115th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 120th in 2000
  • 115th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995—
1996—
1997—
1998—
1999—
2000120th
2001113th
2002113th
2003116th
2004115th
2005112th
2006111th
2007111th
2008110th
200995th
2010105th
2011107th
2012109th
2013106th
2014107th
2015112th
2016110th
2017109th
2018102nd
2019115th
2020118th
2021122nd
2022122nd
2023124th
2024115th

What it sells

Gems and precious metals became its top export group: from 19% to 24%

% of exports by Harmonized System chapter.

  • Other 16%
  • Fruit and nuts 2%
  • Salt, stone and cement 2%
  • Oil, gas and coal 4%
  • Copper 9%
  • Fish and seafood 10%
  • Inorganic chemicals 13%
  • Ores and slag 21%
  • Gems and precious metals 24%

Source: CEPII BACI

Show the numbers
Chapter19952024
Gems and precious metals0%24%
Ores and slag0%20.7%
Inorganic chemicals0%12.8%
Fish and seafood0%10.2%
Copper0%8.9%
Oil, gas and coal0%3.9%
Salt, stone and cement0%2.1%
Fruit and nuts0%1.8%
Other0%15.7%

Who it trades with

South Africa went from 55% to 27% of Namibia's trade

% of total trade (exports + imports) with each partner.

  • South Africa 27%
  • China 16%
  • Botswana 6%
  • Zambia 5%
  • Belgium 5%

Source: CEPII BACI

Show the numbers
Partner19952024
South Africa0%27.1%
China0%16.4%
Botswana0%5.9%
Zambia0%4.9%
Belgium0%4.7%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

View on the globe

Largest economic production hubs (gridded GDP, 2024)

No hubs above the globe threshold.

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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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