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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 $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).
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).
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.
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.
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.