Namibia Trade Balance 1980-2025

Namibia trade balance for 2023 was -2.81 billion US dollars, a 21.59% increase from 2022.
  • Namibia trade balance for 2022 was -2.31 billion US dollars, a 4.94% decline from 2021.
  • Namibia trade balance for 2021 was -2.43 billion US dollars, a 140.4% increase from 2020.
  • Namibia trade balance for 2020 was -1.01 billion US dollars, a 20.04% decline from 2019.
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.