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Namibia

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).

Exports

  • 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).

Imports

  • 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.

Trade Balance

  • 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.

Investments

  • 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.