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AGOA Status: Namibia is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. and the Southern Africa Customs Union (SACU), which includes Namibia, signed a Trade, Investment, and Development Cooperative Agreement (TIDCA) in 2008. The TIDCA establishes a forum for consultative discussions, cooperative work, and possible agreements on a wide range of trade issues, with a special focus on customs and trade facilitation, technical barriers to trade, sanitary and phytosanitary (SPS) measures, and trade and investment promotion.
U.S.-Namibia Trade Facts
Namibia is currently our 141st largest goods trading partner with $322 million in total (two way) goods trade during 2016. Goods exports totaled $203 million; goods imports totaled $120 million. The U.S. goods trade surplus with Namibia was $83 million in 2016.
According to the Department of Commerce, U.S. exports of goods to Namibia supported an estimated 5 hundred jobs in 2015 (latest data available).
- Namibia was the United States' 133rd largest goods export market in 2018.
- U.S. goods exports to Namibia in 2018 were $203 million, up 70.9% ($84 million) from 2017 but down 27.7% from 2008.
- The top export categories (2-digit HS) in 2018 were: mineral fuels ($60 million), special other ($37 million), miscellaneous chemical products ($32 million), machinery ($15 million), and precious metal and stone ($12 million).
- U.S. total exports of agricultural products to Namibia totaled $5 million in 2018. Leading domestic export categories include: poultry meat & prods. (ex. eggs) ($3 million), wheat ($2 million), prepared food ($221 thousand), pork & pork products ($53 thousand), and wine & beer ($8 thousand).
- Namibia was the United States' 119th largest supplier of goods imports in 2018.
- U.S. goods imports from Namibia totaled $120 million in 2018, up 0.5% ($566 thousand) from 2017, but down 60% from 2008.
- The top import categories (2-digit HS) in 2018 were: precious metal and stone ($99 million), ores, slag, and ash ($14 million), stone, plaster, cement ($1 million), special other ($860 thousand), and machinery ($657 thousand).
- U.S. total imports of agricultural products from Namibia totaled $643 thousand in 2018.
- The U.S. trade balance with Namibia shifted from a goods trade deficit of $538 thousand in 2017 (latest data available) to a goods trade surplus of $83 million in 2018.
Data on U.S. FDI in Namibia are unavailable. There is no information on the distribution of U.S. FDI in Namibia.
No data on Namibia's FDI in the U.S. are available. There is no information on the distribution of Namibia FDI in the U.S.
NOTE: No services trade data with Namibia are available.