Net trade in goods in Namibia
Namibia: Net trade in goods was -2.10 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Namibia, 1990–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Namibia recorded -2.10 billion BoP, current US$ for net trade in goods in 2024.
Compared with earlier readings it is down 42.1% on the previous year and up 28.3% over ten years.
Over the whole period, net trade in goods in Namibia peaked at 102.36 million BoP, current US$ in 2006 and was at its lowest, -3.14 billion BoP, current US$, in 2015.
That places Namibia 126th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -130.22 million BoP, current US$ | -271.66 million BoP, current US$ | -41.83 million BoP, current US$ | 10 |
| 2000s | -389.89 million BoP, current US$ | -1.44 billion BoP, current US$ | 102.36 million BoP, current US$ | 10 |
| 2010s | -2.08 billion BoP, current US$ | -3.14 billion BoP, current US$ | -1.30 billion BoP, current US$ | 10 |
| 2020s | -1.65 billion BoP, current US$ | -2.10 billion BoP, current US$ | -939.78 million BoP, current US$ | 5 |
Countries ranked near Namibia
- 123 Hong Kong -1.98 billion BoP, current US$ compare
- 124 Malawi -2.00 billion BoP, current US$ compare
- 125 Paraguay -2.07 billion BoP, current US$ compare
- 127 Botswana -2.20 billion BoP, current US$ compare
- 128 Hungary -2.28 billion BoP, current US$ compare
- 129 Rwanda -2.34 billion BoP, current US$ compare
More economy & growth data for Namibia
- Gross national expenditure 119.2% (2025)
- Industry (including construction), value added 40.14 billion constant LCU (2025)
- Final consumption expenditure 100.6% (2025)
- Industry (including construction), value added -3.1% (2025)
- Gross national expenditure 17.98 billion current US$ (2025)
- Gross national expenditure 321.64 billion current LCU (2025)
- Gross national expenditure 17.34 billion constant 2015 US$ (2025)
- Industry (including construction), value added 3.12 billion constant 2015 US$ (2025)
- Exports of goods and services 44.7% (2025)
- Industry (including construction), value added 78.10 billion current LCU (2025)
Frequently asked questions
- What is net trade in goods in Namibia?
- Net trade in goods in Namibia was -2.10 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Namibia?
- The highest recorded value was 102.36 million BoP, current US$ in 2006.
- What is the lowest net trade in goods recorded in Namibia?
- The lowest recorded value was -3.14 billion BoP, current US$ in 2015.
- How does Namibia rank for net trade in goods?
- Namibia ranks 126th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Namibia?
- Over the last ten years it is up 28.3%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.