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27 September 2024
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Key Indicators
Overview
Namibia: Unveiling Trade Frontiers in Southern Africa
Namibia, located in Southern Africa, stands at the crossroads of regional commerce. In 2024, the country ranked 68 globally in GDP, showcasing both promise and challenges in its economic landscape.
Introduction:
Namibia, a nation with substantial natural resources, relies heavily on imports to support its key sectors such as mining, agriculture, and manufacturing. This dependence offers vast opportunities for global exporters to provide essential goods and technologies.
Economic Overview:
As a country rich in diamonds and other minerals, Namibia’s economy is significantly influenced by mining, which alongside agriculture, contributes to its GDP. However, Namibia imports a wide range of goods to support these industries and its growing consumer market, emphasizing the critical role of imports in its economic framework.
Political and Regulatory Environment:
Namibia enjoys a stable political environment and a solid legal framework conducive to trade. Its membership in the Southern African Development Community 2024 facilitates numerous trade agreements that enhance its import capabilities. Recent legislative updates aim to further streamline trade processes and foster economic growth.
Opportunities and Challenges for Exporters:
There are opportunities in supplying machinery for mining and agriculture, consumer goods, and renewable energy technologies. Exporters face challenges such as logistical complexities due to Namibia's vast and sparsely populated geography, and competition from South African imports.
Positives:
1. Gateway to Southern Africa: Namibia's location provides a gateway to the Southern African Development Community (), fostering trade links with neighboring countries and beyond.
2. Rich Natural Resources: Abundant in minerals, fisheries, and agriculture, Namibia's diverse resource base offers opportunities for export-led economic growth.
3. Stability and Governance: Political stability and good governance contribute to a conducive business environment, attracting foreign investment and promoting trade.
Negatives:
1. Infrastructure Gaps: Despite progress, some areas still face infrastructure challenges, impacting trade efficiency and logistics.
2. Dependence on Natural Resources: Overreliance on natural resources poses risks to economic diversification and vulnerability to commodity price fluctuations.
3. Unequal Economic Distribution: Disparities in wealth distribution and high unemployment rates may pose social challenges that impact long-term stability.
Namibia import export data, including buyer and supplier names, is available on the Volza Platform.
Namibia import export data, including buyer and supplier names, is available on the Volza Platform.
Imports:
In March 2023, Namibia ranked 65th in global imports, with imports valued at 1.79 billion, representing a 16% growth from March 2022.From March 2023 to March 2024, the country's imports amounted to US$269.1 billion, showing a 23% growth from the preceding year.
In 2024, imports totaled 1.79 billion, marking a -77% YOY growth from 2023. Sources of these imports were South Africa, China, Saudi Arabia, United Arab Emirates, India, Malaysia, Peru, Areas, Switzerl. Imported products were Mineral fuels and oils, Vehicles and Parts, Machinery and equipment other than railway or tramway. Suppliers were SANZI IMPORT AND EXPORT, A KORNBLUM CO, and E H KRUGER. Importers in Namibia were South Africa: 37.6%, China: 11.1%, and Saudi Arabia: 6.3%.
Top 10 Import Products:
- Mineral fuels, oils (HS code: 2709) - Energy sector needs.
- Vehicles (HS code: 8703) - Transport infrastructure.
- Pharmaceuticals (HS code: 3004) - Healthcare necessities.
- Machinery (HS code: 8479) - Mining and agriculture enhancement.
- Electrical equipment (HS code: 8536) - Power distribution systems.
- Iron and steel (HS code: 7201) - Building and construction.
- Cereals (HS code: 1001) - Food security and agriculture.
- Furniture (HS code: 9403) - Consumer and business demand.
- Plastics (HS code: 3901) - Various manufacturing needs.
- Clothing (HS code: 6203) - Retail and consumer markets.
Top Buyers from Namibia:
ZAMBEZI QUEEN IMPALILA ISLANDKASIKA NAMIBIA, DEEP CATCH TRADING, SHELFCO INVESTMENTS 234 PTY LTD
Solution for Global Exporters:
To effectively engage with the Namibian import market, global exporters are encouraged to leverage Volza’s comprehensive online import data. This resource facilitates a deep understanding of market trends and buyer behaviors, enabling exporters to navigate the market efficiently and capitalize on emerging opportunities. Visit Volza for detailed analytics and strategic insights.
Import Database - Factsheet
Data Source- Detailed data
- Data Available From
- 01, Jan, 2020
Data Coverage- 100%
Last Shipment- 31, May, 2024
Source : Volza Import Data
Namibia
Import Data
Import Data
7,724,634 Bill of Ladings, 107,628 Buyers & 57,609 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaImport Data
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Search Import Export Data
Reach out to the Namibia Import market Identify verified and active business partners in Namibia
Namibia Import Data
Product | Importers | Suppliers | Arrival Date |
|---|---|---|---|
Tax DOCUMENT : RKBMME2425/006, DT: 28.04. |   India | 30-04-2024 | |
TOP & BOTTOM TRIPLE BLOOD BAG SAGM WITH | 30-04-2024 | ||
SWEET BISCUITS-GLUCOSE BISCUITS 62 GMS X | India | 30-04-2024 | |
FIRST RESPONSE HIV 1+2/SYPHILIS COMBO CA | India | India | 29-04-2024 |
VERTEL DIGITAL DMR PORTABLE VHF MODEL: D | India | India | 29-04-2024 |
VERTEL DIGITAL DMR PORTABLE VHF MODEL:SM | India | India | 29-04-2024 |
Top 10 Importers
Namibia Top 10 Importers
Within our Volza database, we possess comprehensive information about over 10 active importers in Namibia. To assist you in identifying the leading importers in Namibia, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Namibia are companies like SANZI IMPORT AND EXPORT, A KORNBLUM CO , and E H KRUGER. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 importers, and explore the additional resources provided below.
Namibia Top 10 Importers
| Rank | Importers | Shipments |
|---|---|---|
1 | 3,367 | |
2 | 2,871 | |
3 | 2,428 | |
4 | 1,990 | |
5 | 1,683 | |
6 | 1,555 | |
7 | 1,260 | |
8 | 927 | |
9 | 874 | |
10 | 853 |
Data Source : Volza Import Data
Top 10 Import Products
Namibia Top 10 Import Products
As the Namibia import data reveals, the nation's top import products for 2024 were prominently characterized by:- Used Steel: 52.05%
- Automobile Component: 25.86%
- Presenter Box: 14.36%
- Wooden Door: 2.93%
- Locking Plate: 2.12%
- Medical Surgical Instrument: 1.01%
- Parboiled Rice: 0.91%
- Wooden Bowl: 0.37%
- Oreo Cookie: 0.32%
- Sliding Door Cabinet: 0.09%
Namibia Top 10 Import Products
| Rank | Import Products | Shipments |
|---|---|---|
1 | Used Steel | 8,269,020 |
2 | Automobile Component | 4,108,511 |
3 | PRESENTER BOX | 2,280,631 |
4 | WOODEN DOOR | 465,124 |
5 | Locking Plate | 336,229 |
6 | Medical Surgical Instrument | 160,392 |
7 | Parboiled Rice | 144,371 |
8 | WOODEN BOWL | 58,454 |
9 | Oreo Cookie | 50,051 |
10 | Sliding Door Cabinet | 14,030 |
Data Source : Volza Import Data
Trading Partners
Top Trading Partners of Namibia
Import Trading Partners
Export Trading Partners
Top 1 Import Trading Partners
Namibia Top 1 Import Trading Partners
Namibia trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 59,029).
The growth rates for the leading three importers were as follows: India at 100.00% .
Trade balance analysis reveals that Namibia had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Namibia import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Namibia’s major imports from India include Used Steel, PRESENTER BOX, Automobile Component, WOODEN DOOR, Locking Plate, Medical Surgical Instrument, WOODEN BOWL, Oreo Cookie, Parboiled Rice, Sliding Door Cabinet, products. The provided chart below breaks down the values in percentile of Namibia’s top 1 import partners for 2024.
Namibia Top 1 Import Trading Partners
| Rank | Import Trading Partners | Shipments |
|---|
Data Source : Volza Import Data
Import Data Sample record
Namibia Import Data Sample record
Namibia import data covers all important shipping details that are essential for businesses to find importers in Namibia, analyze market trends and identify potential industries. Namibia trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Namibia import data sample with complete number of fields available in data.
Namibia Import Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 19053100
- Quantity:
- 0.001
- Quantity Unit:
- NOS
- Value FC:
- 0
- Value:
- HS Descirption:
- Bread, pastry, cakes, biscuits and other bakers wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products.
- Exporter:
- LYKIS LIMITED
- Importer:
- STE BISO NA BISO SARL
Data Source : Volza Import Data
Namibia Import Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Import Data
Top 10 Import Ports
Namibia Top 10 Import Ports
Namibia's global import trade operates through over 10 ports. Walvis Bay stands as the predominant port, handling 34,166 import shipments, which constitutes a 58.45% market share. Windhoek follows with an 39.44% share, accounting for 23,053 shipments, while Halifax contributes a 0.44% market share with its 256 shipments. For detailed import trade statistics of each port in Namibia, refer to the provided links below. Collectively, these ports underscore the integrated nature of Namibia's trade infrastructure. As the trade data indicates, these crucial import ports facilitate the consistent delivery of essential goods across Namibia.
Namibia Top 10 Import Ports
| Rank | Importers | Count |
|---|
Data Source : Volza Import Data
Import Bill of Lading
- Import Shipments of Namibia
- 7,724,634
- Date
- 30-04-2024
- Shipper Name
- SANZI IMPORT AND EXPORT
- Consignee Name
- LYKIS LIMITED
- Weight Unit
- KGS
- Quantity
- 0.001
- Shipment Origin
- India
- Port of origin
- Jnpt