Namibia Trade Fact Sheet

Type:

Trade fact sheet

Date Issued:

November 2024

Author(s):

Labour Resource and Research Institute

This paper provides a snapshot of Namibia’s international trade, aiming to give trade unions insights for advocacy on trade and the African Continental Free Trade Area (AfCFTA). It draws on national and international data to highlights demographic, macroeconomic, labour market, export processing zone (EPZ), industrial policy, labour migration, and international trade of the country. The analysis of international trade focuses on its contributions to revenue, balance of payments, main export destinations, and import sources. The paper shows that together, South Africa and Nigeria contributed around 85 percent of Namibia’s total imports in 2021. China and South Africa received 34 percent and 31 percent of the country’s total exports in 2021. These figures points to the significance of Namibia’s intra-Africa trade.