Namibia Trade Balance 1980-2024
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 2023 was $-2.81B, a 21.59% increase from 2022.
- Namibia trade balance for 2022 was $-2.31B, a 4.94% decline from 2021.
- Namibia trade balance for 2021 was $-2.43B, a 140.4% increase from 2020.
- Namibia trade balance for 2020 was $-1.01B, a 20.04% decline from 2019.
| Namibia Trade Balance - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2023 |
$-2.81B |
-22.79% |
| 2022 |
$-2.31B |
-18.42% |
| 2021 |
$-2.43B |
-19.63% |
| 2020 |
$-1.01B |
-9.57% |
| 2019 |
$-1.27B |
-10.10% |
| 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% |
