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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 125th largest goods trading partner with $469 million in total (exports plus imports) goods trade during 2013. Goods exports totaled $207 million; Goods imports totaled $263 million. The U.S. goods trade deficit with Namibia was $56 million in 2013.
Namibia was the United States' 135th largest goods export market in 2013.
U.S. goods exports to Namibia in 2013 were $207 million, up 11.9% from 2012.
The top export categories (2-digit HS) for 2013 were: Machinery ($59 million), Special Other (low value shipments) ($38 million), Vehicles ($34 million), Miscellaneous Chemical Products ($19 million), Plastics and Articles ($10 million).
Namibia was the United States' 109th largest supplier of goods imports in 2013.
U.S. goods imports from Namibia totaled $263 million in 2013, a 13.6% decrease from 2012.
The top import categories (2-digit HS) for 2013 were: Ores, Slag, and Ash (uranium) ($138 million), Precious Stones and Metals (diamonds) ($106 million), Special other (returns) ($8 million), Fish and Seafood ($7 million), and Stone, Plaster, Cement ($777 thousand).
The U.S. goods trade deficit with Namibia was $56 million in 2013, a 20.4% increase from 2012.