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Namibia

Namibia Flag

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 $238 million in total (two way) goods trade during 2017. Goods exports totaled $119 million; goods imports totaled $119 million. The U.S. goods trade deficit with Namibia was $538 thousand in 2017.

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' 140th largest goods export market in 2017.

  • U.S. goods exports to Namibia in 2017 were $119 million, down 44.3% ($94 million) from 2016 and down 7.3% from 2007.  

  • The top export categories (2-digit HS) in 2017 were: mineral fuels ($27 million), miscellaneous chemical products ($19 million), special other ($18 million), machinery ($13 million), and precious metal and stone ($9 million).

  • U.S. total exports of agricultural products to Namibia totaled $8 million in 2017. Leading domestic export categories include: wheat ($6 million), poultry meat & prods. (ex. eggs) ($608 thousand), prepared food ($402 thousand), other consumer oriented ($218 thousand), and beef & beef products ($46 thousand). 

Imports

  • Namibia was the United States' 120th largest supplier of goods imports in 2017.

  • U.S. goods imports from Namibia totaled $119 million in 2017, up 29.8% ($27 million) from 2016, but down 45.8% from 2007.  

  • The top import categories (2-digit HS) in 2017 were: precious metal and stone ($69 million), ores, slag, and ash ($38 million), special other ($3 million), stone, plaster, cement ($2 million), and vehicles ($1 million).

  • U.S. total imports of agricultural products from Namibia totaled $310 thousand in 2017.  

Trade Balance

  • The U.S. trade balance with Namibia shifted from a goods trade surplus of $121 million in 2016 to a goods trade deficit of $538 thousand in 2017. 

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.