Annual Trade Statistics Bulletin 2014

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

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Namibia Statistics Agency 1

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Our Mission

In a coordinated manner produce and disseminate relevant, quality and timely statistics that are fit-for-purpose in accordance with international standards and best practice.

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

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Preface Foreign trade statistics play an important role in Namibia’s economy as it measures values and quantities of goods that, by moving into or out of a country, add or subtract from a nation’s material stock of goods. Foreign trade statistics are essential for the formulation of monetary, fiscal, commercial and regional integration policies. More importantly, in the Southern African Customs Union (SACU), reliable import statistics are crucial when it comes to revenue sharing among member states. Since Namibia’s independence, government policy has been to develop, promote and diversify the country’s exports. It also helped to expand and consolidate market shares of existing markets and penetrate new markets. One of the goals was to reduce reliance on imports from one or two main trading partners. Prior to independence, trade flow between Namibia and the rest of the world was not independently recorded. Since 1990, positive developments have taken place, both in the particulars recorded and the methods of recording. Computerization of procedures at the Directorate of Customs and Excise in the Ministry of Finance continues to enhance the timely dissemination and analysis of trade statistics through prompt transfer of captured trade data at Customs to the NSA. This bulletin presents the annual trade statistics for 2014.

Liina Kafidi Acting Statistician-General Table of contents

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Contents 1. Introduction................................................................................................................ 6 2. Key Developments....................................................................................................... 7 2.1. Revisions.......................................................................................................................................... 7 2.2. Trade Balance.................................................................................................................................. 7 2.3. Exports to Key Markets................................................................................................................... 8 2.4. Imports from Key Markets.............................................................................................................. 9 2.5. Top Export Products...................................................................................................................... 10 2.6. Top Re-Exports Products............................................................................................................... 11 2.7. Top Import Products...................................................................................................................... 12

3. Trade by Economic Regions........................................................................................ 13 3.1. Exports........................................................................................................................................... 13 3.2. Imports.......................................................................................................................................... 14

4. Trade by Mode of Transport...................................................................................... 15 4.1. Exports........................................................................................................................................... 15 4.2. Imports.......................................................................................................................................... 16

5. Conclusion................................................................................................................. 18 6. List of Terms and Definitions...................................................................................... 19 7. Acronyms.................................................................................................................. 20 8. Appendix................................................................................................................... 21 8.1. Trade by FOB Value........................................................................................................................ 21 8.2. Main Export Destination............................................................................................................... 21 8.3. Main Re-Export Destination.......................................................................................................... 21 8.4. Main Source of Imports................................................................................................................. 22 8.5. Top Ten Exports ............................................................................................................................ 22 8.6. Top Ten Re-Exports........................................................................................................................ 23 8.7. Top Ten Imports............................................................................................................................. 23 8.8. Export Products to Key Markets.................................................................................................... 24 8.9. Import Products from Key Markets............................................................................................... 26 8.10. Trade by Office............................................................................................................................ 28

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1.  Introduction The mandate of the Namibia Statistics Agency is to produce and disseminate relevant, quality and timely statistics. This includes statistics relating to imports and exports. This report presents a summary of trade statistics in terms of imports and exports of merchandise during the year 2014. Foreign trade statistics derived from records of trade flows across international borders are invaluable for the formulation of commercial, fiscal and monetary policies of any country. The basic information for the compilation of trade statistics is collected and captured based on import/export declarations made by traders.

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

2.  Key Developments 2.1. Revisions Revisions to trade data are made once final figures are received Table 1 shows the revisions made to the 2013 data after more complete data became available. Total exports for the year 2013 were revised upward to N$56.3 billion from the initial estimate of N$54.4 billion, while Total imports was revised upward to N$73.6 billion from N$72.4 billion. Consequently, the deficit declined from N$17.9 billion to N$17.2 billion. Table 1: 2013 Annual Revisions

Exports Import Trade balance

As per 2013 annual report 54,420 72,360 ‐17,940

Value (N$ m) Revised 2013 56,362 73,577 -­17,215

Difference -­1,942 -­1,217 -­725

2.2. Trade Balance Namibia’s trade deficit widened by 52.3 percent to N$26.2 billion in 2014 compared to the revised figure of last year in which the deficit was at N$17.2 billion. The sharp increase in the deficit is owed to high import expenditures valued at N$90.6 billion compared to export earnings worth N$64.4 billion. Expenditure on imports rose by 23.2 percent to N$90.6 billion, up from N$73.5 billion as spending on vehicles, ships and floating structures and machinery and mechanical appliances increased to N$33.2 billion from N$19.9 billion a year earlier. The overall value of exports rose only minimally by 14.3 percent to N$64.4 billion up from N$56.3 billion in the preceding year. The increase in re-exports of ships and floating structures contributed significantly towards the increase in exports. Chart 1 shows the trend of the trade balance from 2005 to 2014.

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Chart 1 Trade Balance 10000

Value(N$m)

0

-10000

-20000

-30000 2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2.3. Exports to Key Markets Namibia’s Total exports for 2014 was valued at N$64.5 billion of which the bulk valued at N$37.5 billion was destined to Botswana, South Africa, Switzerland, Korea and Angola. These markets accounted for 58.2 percent of Namibia’s Total exports compared to 58.8 percent a year earlier. Botswana topped Namibia’s export destination with N$10.7 billion worth of goods exported that country. Namibia exports to South Africa dropped by 29.9 percent while that of Switzerland rose strongly by 44.3 percent. The commodities which contributed to the strong rise in exports to Switzerland were copper and ores. Exports to other countries increased by 3.0 percent to N$44.8 billion from N$41.8 billion recorded in the previous year. Chart 2 shows the value of exports to each of these markets.

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Chart 2 Main Export Destinations 2014

2013

14,000

12,000

Value (N$m)

10,000

8,000

6,000

4,000

2,000

Botswana

South Africa

Switzerland

Korea

Angola

2.4. Imports from Key Markets South Africa, Korea, China, Bahamas and Germany were the main suppliers of goods to Namibia in 2014. The overall value of imports from these countries increased by 7.1 percent to N$37.5 billion when compared to N$31.1 billion a year ago. These markets accounted for 73.6 percent of Total imports in 2014 compared to 66.5 percent in the previous year. Imports from Korea increased strongly to N$5.9 billion compared to N$175 million in the previous year, due to temporal importation of ships, boats and floating structures. On the other hand, increases in the value of imports were noted from China at 61.3 percent and South Africa at 13.6 percent. In the case of China, the increase was mainly caused by electrical machinery and equipment; and boilers, machinery and mechanical appliance. Imports from other countries outside the top five listed countries decreased by 7.1 percent to N$23.9 billion compared to N$24.6 billion recorded a year earlier. Import values of the top five markets are shown in Chart 3 below.

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Chart 3 Main Sources of Imports 2014

2013

60,000

50,000

Value (N$m)

40,000

30,000

20,000

10,000

South Africa

Korea

China

Bahamas

Germany

2.5. Top Export Products Precious stones; ships and floating structure, ores, fish; ships and copper dominated the list of Namibia’s exports. The overall export value for these commodities increased by 17.2 percent to N$44.0 billion compared to N$37.6 billion a year ago. These commodities accounted for 68.3 percent of export revenue in 2013 compared to 66.6 percent in the preceding year. Exports of ships, boats and floating structures rose sharply to N$8.9 billion from N$4.3 million in 2013 due to the temporary acquisition of floating and submersible drilling platforms in April (2014) from Korea and re-exported in June (2014). High external demand for copper by Switzerland and South Africa was the cause for a relatively sharp increase in copper exports by 139.02 percent to N$3.5 billion compared to N$1.5 billion a year earlier. Diamond continues to dominate the export market with an increase of 11.6 percent mainly to Botswana, South Africa, Belgium and USA. However, the value of export of fish was constant and is mainly exported to Spain, South Africa, DRC and Mozambique. Chart 4 shows the top five exported commodities as percentage of Total exports.

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Chart 4 Top Five Exports 2014

2013

30

25

Percentage

20

15

10

5

0 Precious stones (Diamonds)

Ships and floating structures

Ores

Fish

Copper

Commodities

2.6. Top Re-Exports Products The overall value of re-exported commodities increased by a staggering 119.3 percent to N$13.3 billion from N$6.1 billion a year earlier. Ships, boats and floating structures, precious stones (diamond), copper, vehicles and machinery & mechanical appliances were the most re-exported commodities in 2014. The overall reexport value for these commodities rose by 128.6 percent to N$12.7 billion compared to N$5.5 billion in 2013.

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Chart 5 Top Five Re-Exports 2014

2013

80

70

60

Percentage

50

40

30

20

10

0 Ships and floating structures

Precious stones (Diamonds)

Copper

Vehicles

Machinery and mechanical appliances

Commodities

2.7. Top Import Products Vehicles; ships & floating structure; machinery & mechanical appliances; mineral fuels & oils and electrical machinery & equipment dominated the list of imports into Namibia. The overall import value rose by 23.3 percent as internal demand increased to N$90.7 billion from N$73.6 billion a year earlier. These commodities accounted for 48.4 percent of import expenditure in 2014 compared to 42.3 percent a year ago. There was a strong increase in imports of ships, boats and floating structures by 134.2 percent to N$11.1 billion from N$4.7 billion in 2013. The top five most imported commodities are listed in Chart 6 below.

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Chart 6 Top Five Imports 2014

2013

14

12

Percentage

10

8

6

4

2

0 Vehicles

Ships and floating structures

Machinery and mechanical appliances

Mineral fuels

Electrical machinery and equipment

Commodities

3.  Trade by Economic Regions 3.1. Exports The number one export market for Namibia was the Southern African Customs Union (SACU). Although exports to SACU declined by 8.7 percent to N$19.4 billion compared to N$21.3 billion a year ago it still accounted for 38.9 percent of Total export of Total exports. Non-SACU-SADC was the second largest export market, accounting for a share of 17.1 percent of Total exports, up from 16.1 percent a year ago. The export value to Non-SACU-SADC increased by 6.0 percent to N$8.5 billion compared to N$8.1 billion a year earlier. The EU occupied the third position as Namibia’s export destination. However, its contribution to Total exports declined to 15.9 percent from 20.4 percent a year ago and the export revenue from this market declined by 22.0 percent to N$7.9 billion compared to N$11.5 billion a year earlier. In addition, EFTA (Iceland, Liechtenstein, Norway and Switzer-land), COMESA, and BRIC (Brazil, Russia, India and China), also contributed significantly towards Namibia’s export revenue, while the importance of the EAC declined significantly by 71.6 percent of Total exports as shown in Chart 7 below. Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

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Chart 7 Export by Economic Regions 2014

2013

45.0

40.0

35.0

Percentage

30.0

25.0

20.0

15.0

10.0

5.0

SACU

Non-SACU-SADC

EU

EFTA

COMESA

BRIC

EAC

3.2. Imports During the year under review, Namibia mostly imported from the SACU region compared to other economic regions. Import expenditure from SACU increased by 13.1 percent to N$53.7 billion compared to N$47.5 billion registered in 2013. SACU accounted for a share of 70.3 percent, down from 71.1 percent of Total imports last year. The EU followed with imports valued at N$8.6 billion compared to N$6.3 billion a year earlier representing 35.2 per-cent growth. The region accounted for 11.3 percent of Total imports, slightly above the 9.5 percent recorded a year ago. The BRIC nations occupied the third position as Namibia’s source of imports. The import expenditure to this region grew by 91.0 percent to N$7.1 billion compared to N$4.3 billion a year ago. EFTA accounted for 7.1 percent of Total imports, up from 4.3 percent in 2013. Non-SACU-SADC region accounted for 4.6 percent of Total imports compared to 4.0 percent a year earlier, where as imports from this region increased by 30.8 percent.

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Chart 8 Import by Economic Blocs 2014

2013

80

70

60

Percentage

50

40

30

20

10

SACU

EU

BRIC

Non-SACU-SADC

COMESA

EFTA

EAC

4.  Trade by Mode of Transport 4.1. Exports Exports via the sea transport grew by 23.9 percent amounting to N$30.7 billion compared to N$24.9 billion a year ago. It accounted for 47.7 percent of Namibia’s Total exports, down from 44.1 percent in the preceding year. Exports by air transport increased by 10.1 percent to N$14.4 billion compared to N$13.1 billion in the past year. It contributed 22.3 percent to the Total exports, up from 23.2 percent. The export value by road grew by 4.6 percent to N$19.2 billion compared to N$18.0 billion in 2013. It accounted for 29.9 percent of the Total exports, up from 32.7 percent a year earlier. The contribution by Rail and other mode of transports was relatively insignificant. The value registered for rail transports in 2014 was N$3.2 million and N$3.4 million in 2013.

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Chart 9 Exports by Mode of Transports 2014

2013

60

50

Percentage

40

30

20

10

0 Sea

Rail

Road

Air

Transport mode

4.2. Imports Imports by road transport rose by 23.3 percent to N$54.3 billion compared to N$44.1 billion a year earlier. It accounted for 59.9 percent which showed no change in Total imports when compared to a year ago. Sea transport grew by 29.1 percent to account for N$31.7 billion, from N$24.6 billion recorded in 2013. It accounted for 35.0 percent of Total imports in the period under review, up from 33.4 percent compared to the previous year. Imports via air transport decreased insignificantly by 2.1 percent to N$4.3 billion from N$4.4 billion a year ago, Air transport accounted for 4.7 percent of Total imports, up from 5.9 percent compared to the preceding year. Rail transport declined by 35.3 percent to N$304.4 million, from N$470.4 million a year earlier.

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Chart 10 Imports by Mode of Transports 2014

2013

70

60

Percentage

50

40

30

20

10

0 Sea

Rail

Road

Air

Transport mode

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5.  Conclusion The trade balance recorded a deficit valued at N$26.2 billion in 2014, widening by 52.3 percent from N$17.2 billion in 2013. During the period under review, Namibia’s key export markets were Botswana, South Africa, Switzerland, Korea and Angola. Namibia’s imports were mainly sourced from South Africa, Korea, China, Bahamas and Germany. Major exported commodities were: precious stone (diamonds), ships and floating structures, ores, fish and copper. Major re-exports include: ships and floating structures, precious stones (diamonds), copper, vehicles and machinery and mechanical appliances; while major imports were: vehicles, ships and floating structures, machinery and mechanical appliances , mineral fuels and electrical machinery and equipment. In terms of economic regions, Namibia’s export destinations in 2014 were SACU, Non-SACU-SADC, EU and EFTA. Imports were also mostly sourced from the same economic regions with SACU dominating followed by EU, BRIC and EFTA. Namibia exported most commodities by sea while most commodities were imported via road. Air transport also played a vital role in both exports and imports.

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

6.  List of Terms and Definitions Export Processing Zone (EPZ): An Export Processing Zone (EPZ) is a Customs area where one is allowed to import machinery, equipment and material for the manufacture of export goods under security, without payment of duty. The imported goods are subject to customs control at importation, through the manufacturing process, to the time of sale/export, or duty payment for home consumption. Trade Balance: The commercial balance or net exports (sometimes symbolized as NX), is the difference between the monetary value of exports and imports of output in an economy over a certain period. Trade Deficit: Is an economic measure of a negative trade balance in which a country’s imports exceeds its exports. Trade Surplus: Is an economic measure of a positive trade balance in which a country’s exports exceeds its imports.

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7.  Acronyms BRIC

Brazil, Russia, India and China

COMESA

Common Market for Eastern and Southern Africa

DRC

Democratic Republic of Congo

EAC

East African Community

EFTA

European Free Trade Association

EPZ

Export Processing Zone

EU

European Union

SACU

Southern African Customs Union

SADC

Southern African Development Community

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

8.  Appendix 8.1. Trade by FOB Value Year 2014 2013 Total

Exports (FOB) 64,455,135.8 56,361,709.0 12,816,844.8

Share 53.3 46.7 100.0

Imports (FOB) 85,553,756.4 68,964,606.3 154,518,362.7

Share 55.4 44.6 100.0

8.2. Main Export Destination Partner Botswana South Africa Switzerland Korea Angola Export Processing Zone Spain Bahamas United States of America China Other Countries Total

2014 Value (N$ m) 10,748.8 8,394.4 7,840.0 5,834.0 4,682.5 2,587.8 2,527.5 2,437.0 2,326.5 1,928.9 15,147.7 64,455.1

Share 16.7 13.0 12.2 9.1 7.3 4.0 3.9 3.8 3.6 3.0 23.5 100.0

2013 Value (N$ m) 9,329.1 11,975.0 5,433.9 59.6 4,300.6 2,281.8 2,055.6 74.1 2,077.9 1,383.2 17,390.9 56,361.7

Share 16.6 21.2 9.6 0.1 7.6 4.0 3.6 0.1 3.7 2.5 30.9 100.0

Annual % change 15.2 ( 29.9) 44.3 9,691.9 8.9 13.4 23.0 3,188.6 12.0 39.4 (12.9) 14.4

8.3. Main Re-Export Destination 2014 Value (N$ m) Korea 5,798.3 Bahamas 2,261.4 South Africa 1,356.5 Switzerland 1,301.7 Brazil 437.2 Belgium 351.0 United States of America 332.9 Gibraltar 332.1 Angola 303.0 Israel 188.5 Other Countries 619.4 Total 13,282.2 Partner

Share 43.7 17.0 10.2 9.8 3.3 2.6 2.5 2.5 2.3 1.4 4.7 100.0

2013 Value (N$ m) 2.3 0.0 4,466.4 0.1 0.4 0.4 8.3 0.0 205.4 1.0 1,373.1 6,057.2

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Share 0.0 0.0 73.7 0.0 0.0 0.0 0.1 0.0 3.4 0.0 22.7 100.0

Annual % change 255,748.9 31,810,774.8 -­‐69.6 2,209,993.6 116,928.9 92,132.2 3,889.2 7,847,788.2 47.5 19,098.7 -­‐54.9 119.3

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8.4. Main Source of Imports 2014 Partner South Africa Korea China Bahamas Germany Democratic Republic of Congo United States of America Export Processing Zone Botwana India Other Countries Total

Value (N$ m)

Share

51,553 5,934 3,601 3,076 2,573 2,381 2,253 2,138 1,931 1,610 13,637 90,687

56.8 6.5 4.0 3.4 2.8 2.6 2.5 2.4 2.1 1.8 15.0 100.0

2013 Value (N$ m) 45,400 175 2,232 0 1,111 206 1,373 2,416 1,942 495 18,227 73,577

Share 61.7 0.2 3.0 0.0 1.5 0.3 1.9 3.3 2.6 0.7 24.8 100.0

Annual % change 13.6 3,291.8 61.3 0.0 131.6 1,056.9 64.1 -­‐11.5 -­‐0.6 225.2 -­‐25.2 23.3

8.5. Top Ten Exports HS and Commodity description Precious stones (diamonds) Ships, boats and floating structures Ores Fish Copper and articles thereof Zinc and articles thereof Vehicles Boilers, machinery and mechanical appliances Beverages, spirits and vinegar Meat Other Products Total

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2014 Value (NS m) 16,512 8,903 8,038 7,081 3,488 3,264 2,627 1,778 1,641 1,193 9,928 64,455

Share 25.6 13.8 12.5 11.0 5.4 5.1 4.1 2.8

2013 Value (N$ m) 14,792 4,328 9,374 7,087 1,976 2,658 2,531 1,647

Share 26.2 7.7 16.6 12.6 3.5 4.7 4.5 2.9

2.5 1.9 15.4 100.0

2,039 1,373 8,556 56,362

3.6 2.4 15.2 100.0

Annual % change 0.1 1.1 -­‐0.1 0.0 0.8 0.2 0.0 0.1 -­‐0.2 -­‐0.1 0.2 0.1

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

8.6. Top Ten Re-Exports HS and Commodity description Ships, boats and floating structures Precious stones (diamonds) Copper and articles thereof Vehicles Boilers, machinery and mechanical appliances Optical, medical or surgical instruments Electrical machinery and equipment Meat Paper and articles thereof Aircraft, spacecraft and parts thereof Other Products Total

2014 Value (N$ m) 8,899 1,322 985 764 704

2013 Share Value (N$ m) 67.0 4,321 10.0 7 7.4 0 5.8 664 5.3 554

Annual % Share change 71.3 105.9 0.1 19,609.4 0.0 6,396,062.7 11.0 15.2 9.1 27.1

236 229 23 23 19 78 13,282

1.8 1.7 0.2 0.2 0.1 0.6 100.0

3.5 2.5 0.0 0.0 0.7 1.7 100.0

211 152 2 0 43 102 6,057

11.8 50.1 958.4 46,608.2 -­‐57.2 -­‐23.9 119.3

8.7. Top Ten Imports HS and Commodity description Vehicles Ships, boats and floating structures Boilers, machinery and mechanical appliances Mineral fuels and oils Electrical machinery and equipment Precious stones (diamonds) Articles of iron or steel Copper and Articles thereof Ores, Slag and Ash Beverages, spirits and vinegar Other Products Total

2014 Value (N$ m) 11,280 11,065 10,876

Share 12.4 12.2 12.0

2013 Value (N$ m) share 8,209 11.2 4,725 6.4 6,977 9.5

5,762 4,894 3,873 3,581 2,819 2,615 2,433 31,490 90,688

6.4 5.4 4.3 3.9 3.1 2.9 2.7 34.7 100.0

7,345 3,867 4,215 2,634 1,600 4,665 1,898 27,442 73,577

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

10.0 5.3 5.7 3.6 2.2 6.3 2.6 37.3 100.0

Annual % change 37.4 134.2 55.9 -­‐21.6 26.6 -­‐8.1 35.9 76.2 -­‐43.9 28.2 14.8 23.3

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8.8. Export Products to Key Markets Botswana HS and commodity description

2014 Value (N$ m) Share Precious stones (diamonds) 9,742.8 90.6 Mineral fuels and oils 400.2 3.7 Vehicles 286.7 2.7 Electrical machinery and equipment 83.3 0.8 Preparations of meats, of fish or of crustaceans 35.0 0.3 Beverages, spirits and vinegar 32.5 0.3 Clothing accessories 26.7 0.2 Other made up textile articles 26.1 0.2 Headgear and parts thereof 16.0 0.1 Articles of leather and similar articles of animal 15.4 0.1 gut Other Products 84.1 0.8 Total 10,748.8 100.0

2013 Value (N$ m) Share 8,612.3 92.3 284.6 3.1 79.4 0.9 3.6 0.0 34.9 0.4 50.6 0.5 0.5 0.0 0.1 0.0 0.0 0.0 0.0 0.0 263.1 9,329.1 South Africa

2.8 100.0

2014 Value (N$ m) Share Precious stones (diamonds) 991.8 11.8 Fish 965.4 11.5 Beverages, spirits and vinegar 792.7 9.4 Boilers, machinery and mechanical appliances 761.6 9.1 Meat 678.8 8.1 Vehicles 596.6 7.1 Live animals. 573.3 6.8 Preparations of meats, of fish or of crustaceans 545.3 6.5 Electrical machinery and equipment 521.1 6.2 Zinc and articles thereof 331.6 4.0 Other Products 1,636.1 19.5 Total 8,394.4 100.0 HS and commodity description

HS and commodity description Copper and articles thereof Ores Precious stones (diamonds) Zinc and articles thereof Inorganic or organic chemicals Raw hides and skins Miscellaeuse edible preparations Fish Electrical machinery and equipment Wood and articles of wood; wood charcoal Other products

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2013 Value (N$ m) Share 899.2 7.5 992.4 8.3 1,271.3 10.6 963.8 8.0 848.2 7.1 554.9 4.6 1,000.8 8.4 431.3 3.6 76.7 0.6 219.5 1.8 4,716.8 39.4 11,975.0 100.0 Switzerland 2014 2013 Value (N$ m) Share Value (N$ m) Share 3,435.5 43.8 1,420.0 26.1 3,261.1 41.6 3,061.9 56.3 738.8 9.4 312.7 5.8 387.3 4.9 612.7 11.3 8.0 0.1 15.0 0.3 2.1 0.0 3.9 0.1 1.5 0.0 0.2 0.0 0.9 0.0 5.2 0.1 0.6 0.0 0.0 0.0 0.6 0.0 0.4 0.0 3.5 0.0 2.0 0.0

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Total

7,840.0

100.0

5,433.9

100.0

Korea HS and commodity description

2014 Value (N $ m) Share

Ships, boats and floating structures Preparations of meats, of fish or of crustaceans Copper and articles thereof Iron and steel Boilers, machinery and mechanical appliances Fish Rubber and articles thereof Raw hides and skins used personal effects Electrical machinery and equipment Othe products Total

5,795.4 19.0 7.2 3.3 2.8 1.5 1.4 1.3 1.0 0.7 0.4 5,834.0

99.3 0.3 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 100.0

2014 Value (N$ m) Share Vehicles 1,292.8 27.6 Boilers, machinery and mechanical appliances 577.7 12.3 Electrical machinery and equipment 434.8 9.3 Furniture and bedding 420.5 9.0 Fish 196.1 4.2 Live animals. 159.7 3.4 73:Articles of iron or steel 145.2 3.1 Plastics and articles thereof 117.0 2.5 Beverages, spirits and vinegar 114.4 2.4 Rubber and articles thereof 108.5 2.3 Other Products 1,115.9 23.8 Total 4,682.5 100.0 HS and commodity description

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

2013 Value (N$ m) Share

-­‐ 20.5 19.2 2.0 0.1 13.1 -­‐ 1.3 0.9 2.3 0.2 59.6 Angola

-­‐ 34.5 32.3 3.3 0.2 22.0 -­‐ 2.1 1.5 3.8 0.3 100.0

2013 Value (N$ m) Share 1,281.5 29.8 295.0 6.9 278.0 6.5 404.8 9.4 232.1 5.4 79.5 1.8 122.9 2.9 127.7 3.0 144.6 3.4 67.8 1.6 1,266.7 29.5 4,300.6 100.0

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8.9. Import Products from Key Markets South Africa HS and commodity description

2014 Value (N$ m) Share

2013 Value (N$ m) Share

Vehicles Boilers, machinery and mechanical appliances Electrical machinery and equipment Articles of iron or steel Mineral fuels and oils Beverages, spirits and vinegar Plastics and articles thereof Pharmaceutical products Clothing accessories Furniture and bedding Othe products Total

9,552 5,786 3,366 2,846 2,323 2,228 1,532 1,253 1,113 1,006 20,546 51,553

702.5 444.4 267.6 231.8 428.4 174.5 126.8 117.1 85.0 82.7 1,879.2 4,540.0

18.5 11.2 6.5 5.5 4.5 4.3 3.0 2.4 2.2 2.0 39.9 100.0

15.5 9.8 5.9 5.1 9.4 3.8 2.8 2.6 1.9 1.8 41.4 100.0

Korea HS and commodity description

2014 Value (N$ m) Share

2013 Value (N$ m) Share

Ships, boats and floating structures Inorganic or organic chemicals Miscellaneous articles of base metal Mineral fuels and oils Plastics and articles thereof Vehicles Iron and steel Boilers, machinery and mechanical appliances Electrical machinery and equipment Fish Other Products Total

5,795.4 43.8 29.8 21.0 7.5 7.4 6.0 4.6 3.2 3.1 12.5 5,934.3

-­‐ 44.2 0.0 108.0 4.4 -­‐ 3.5 3.6 0.1 1.9 9.1 175.0

HS and commodity description

2014 Value (N$ m) Share

2013 Value (N$ m) Share

Ships, boats and floating structures Boilers, machinery and mechanical appliances Inorganic or organic chemicals Electrical machinery and equipment Articles of iron or steel Furniture and bedding Iron and steel Vehicles Plastics and articles thereof Other made up textile articles Other products Total

638.7 636.8 355.9 294.3 248.4 216.6 202.0 162.2 152.5 73.8 619.9 3,601.2

40.5 425.6 414.6 455.9 47.2 90.5 93.0 116.1 31.7 23.1 493.8 2,232.1

97.7 0.7 0.5 0.4 0.1 0.1 0.1 0.1 0.1 0.1 0.2 100.0

-­‐ 25.3 0.0 61.7 2.5 -­‐ 2.0 2.1 0.1 1.1 5.2 100.0

China

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17.7 17.7 9.9 8.2 6.9 6.0 5.6 4.5 4.2 2.0 17.2 100.0

1.8 19.1 18.6 20.4 2.1 4.1 4.2 5.2 1.4 1.0 22.1 100.0

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Bahamas HS and commodity description

2014 Value (N$ m) share

2013 Value (N$ m) share

Ships, boats and floating structures Mineral fuels and oils Boilers, machinery and mechanical appliances Meat Preparations of meats, of fish or of crustaceans Fish Edible vegetables Beverages, spirits and vinegar Edible fruits Dairy products Other products Total

3,072.1 2.7 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0 3,075.5

-­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐

HS and commodity description

2014 Value (N$ m) Share

2013 Value (N$ m) Share

Boilers, machinery and mechanical appliances Electrical machinery and equipment Cereals Vehicles Products of the milling industry Optical, medical or surgical instruments Articles of iron or steel Inorganic or organic chemicals Mineral fuels and oils Plastics and articles thereof Other products Total

1,405 304 156 109 69 59 58 50 33 26 305 2,573

223.9 117.8 29.0 106.7 106.2 62.4 19.6 34.7 47.2 17.7 345.6 1,111.0

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

99.9 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 100.0

54.6 11.8 6.1 4.2 2.7 2.3 2.3 1.9 1.3 1.0 11.9 100.0

Germany

-­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐ -­‐

20.2 10.6 2.6 9.6 9.6 5.6 1.8 3.1 4.2 1.6 31.1 100.0

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8.10. Trade by Office

Office Ariamsvlei Eros Airport F. P. du Toit Gobabis Grootfontein Chief Hosea Kutako Intl Airport Impalila Island Katima mulilo Katwitwi Keetmanshoop Luderitz Klein Manase Mohembo Ngoma Noordoewer Omahenene Ondangwa Orandjemundo Oshakati Oshikango Otjiwarongo Rosh Pinah Ruacana Rundu Swakopmund Trans Kalahari Tsumeb International Airport -­‐Windhoek Walvis Bay Wenela Windhoek Regional Warehouse Office Windhoek Regional Office Windhoek Regional Excise Office Total

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Export Value Share (N$ m) 3,372.1 5.2 9,787.5 15.2 0.0 0.0 0.0 0.0 -­‐ -­‐ 1,779.2 2.8 0.0 259.6 239.3 0.4 4,593.6 -­‐ 16.0 415.7 2,446.1 151.4 0.0 55.0 7.8 4,092.4 0.0 -­‐ 6.6 30.4 0.2 3,656.9 3.9 0.2

0.0 0.4 0.4 0.0 7.1 -­‐ 0.0 0.6 3.8 0.2 0.0 0.1 0.0 6.3 0.0 -­‐ 0.0 0.0 0.0 5.7 0.0 0.0

2014

Import Value Share (N$ m) 17,365.0 19.1 1,951.9 2.2 2,896.0 3.2 2.0 0.0 0.2 0.0 2,178.9 2.4

Export Value Share (N$ m) 3,797.5 6.7 9,233.7 16.4 0.2 0.0 0.1 0.0 0.1 0.0 1,543.2 2.7

7.6 1.0 3.3 88.2 1,946.4 2.6 193.0 296.9 8,291.3 0.2 6.1 910.6 387.8 150.9 7.4 -­‐ 0.0 1.9 5.1 17,833.8 2,443.4 8.2

0.4 176.2 154.8 0.2 6,308.9 -­‐ 14.3 156.3 2,234.3 42.9 0.0 41.8 0.3 3,930.5 0.1 -­‐ 24.3 23.7 0.2 3,797.5 4.1 -­‐

0.0 0.0 0.0 0.1 2.1 0.0 0.2 0.3 9.1 0.0 0.0 1.0 0.4 0.2 0.0 -­‐ 0.0 0.0 0.0 19.7 2.7 0.0

0.0 0.3 0.3 0.0 11.2 -­‐ 0.0 0.3 4.0 0.1 0.0 0.1 0.0 7.0 0.0 -­‐ 0.0 0.0 0.0 6.7 0.0 -­‐

2013

Import Value Share (N$ m) 13,587.9 18.5 2,096.6 2.8 2,441.6 3.3 2.0 0.0 15.4 0.0 2,098.0 2.9 9.1 0.5 2.8 73.6 2,537.1 3.3 180.1 306.3 6,823.9 0.3 30.2 713.5 267.4 96.8 21.2 0.0 0.0 6.1 22.4 14,727.7 4,704.6 -­‐

0.0 0.0 0.0 0.1 3.4 0.0 0.2 0.4 9.3 0.0 0.0 1.0 0.4 0.1 0.0 0.0 0.0 0.0 0.0 20.0 6.4 -­‐

26,230.8 40.7 1,909.2 3.0 5,398.6 8.4

29,968.3 33.0 575.9 0.6 2,152.5 2.4

18,738.9 33.2 1,538.8 2.7 4,534.2 8.0

19,149.2 26.0 215.0 0.3 2,514.9 3.4

2.0

0.0

318.0

0.4

64.1

0.1

434.9

0.6

-­‐

-­‐

693.0

0.8

0.2

0.0

494.1

0.7

64,455.1 100.0

90,687.5 100.0

56,361.7 100.0

73,576.7 100.0

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014

29

Namibia Statistics Agency

P. O. Box 2133, Windhoek, FGI House, Post Street Mall Tel: +264 61 431 3200 Fax: +264 61 431 3253 | +264 61 431 3240 www.nsa.org.na

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Namibia Statistics Agency - Annual Trade Statistics Bulletin 2014