Namibia Trade Balance 1980-2022

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.
  • Namibia trade balance for 2021 was $-2.13B, a 118.24% increase from 2020.
  • Namibia trade balance for 2020 was $-0.97B, a 29.45% decline from 2019.
  • Namibia trade balance for 2019 was $-1.38B, a 1.5% increase from 2018.
  • Namibia trade balance for 2018 was $-1.36B, a 24.48% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $458.93B
Russia $169.71B
Malaysia $26.34B
South Africa $25.80B
Brazil $16.39B
Azerbaijan $9.15B
Gabon $5.98B
Peru $5.95B
Belarus $3.74B
Equatorial Guinea $1.09B
Costa Rica $1.07B
Ecuador $1.05B
Bulgaria $0.87B
Paraguay $0.46B
Belize $-0.04B
Nauru $-0.09B
Samoa $-0.31B
Algeria $-0.34B
Armenia $-1.10B
Fiji $-1.14B
Montenegro $-1.14B
Thailand $-1.21B
Namibia $-2.13B
North Macedonia $-2.21B
Albania $-2.43B
Jamaica $-2.57B
Bosnia $-2.57B
Mauritius $-2.80B
Turkey $-3.44B
Serbia $-4.95B
Dominican Republic $-8.70B
Jordan $-9.49B
Guatemala $-10.73B
Romania $-16.08B
Mexico $-19.46B
Colombia $-25.01B
Namibia Trade Balance - Historical Data
Year Billions of US $ % of GDP
2021 $-2.13B -17.38%
2020 $-0.97B -9.23%
2019 $-1.38B -11.01%
2018 $-1.36B -9.95%
2017 $-1.80B -13.98%
2016 $-2.57B -23.95%
2015 $-3.00B -26.50%
2014 $-3.11B -25.05%
2013 $-2.74B -22.72%
2012 $-2.62B -20.10%
2011 $-1.39B -11.11%
2010 $-1.32B -11.51%
2009 $-1.84B -20.64%
2008 $-1.06B -12.34%
2007 $-0.47B -5.27%
2006 $0.31B 3.90%
2005 $0.01B 0.14%
2004 $-0.15B -2.27%
2003 $-0.45B -9.09%
2002 $-0.07B -2.08%
2001 $-0.23B -6.47%
2000 $-0.14B -3.66%
1999 $-0.32B -8.24%
1998 $-0.36B -9.39%
1997 $-0.31B -7.55%
1996 $-0.23B -5.73%
1995 $-0.17B -4.18%
1994 $-0.05B -1.28%
1993 $-0.09B -2.89%
1992 $-0.20B -5.94%
1991 $-0.18B -5.87%
1990 $-0.19B -6.64%
1989 $0.09B 3.36%
1988 $0.04B 1.50%
1987 $-0.11B -4.91%
1986 $0.19B 10.33%
1985 $0.18B 11.50%
1984 $-0.12B -6.18%
1983 $-0.17B -7.61%
1982 $-0.18B -8.57%
1981 $-0.26B -11.40%
1980 $0.34B 14.11%