Namibia: Trade balance, in dollars

The latest value from 2024 is -3.28 billion U.S. dollars, a decline from -2.72 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Namibia from 1990 to 2024 is -1.1 billion U.S. dollars. The minimum value, -3.28 billion U.S. dollars, was reached in 2024 while the maximum of 0.2 billion U.S. dollars was recorded in 2006. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.