Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Namibia

Namibia ranked No. 130 in total trade value through July with a total of $207.35 million. Exports totaled $110.8 million and Imports totaled $96.55 million, a surplus of $14.24 million.

January – July 2019

Top Trading Ports

Total Trade: $207.35 million

RankPortTotal YTD
1John F. Kennedy International Airport $59,135,092
2Port of Houston $43,915,856
3Port of Beaumont, Texas $30,449,377
4Port of New Orleans $21,202,058
5Low-Valued Imports and Exports $20,454,197
6Port of Port Arthur, Texas $5,656,587
7Port of Savannah, Ga. $3,700,566
8Port of Corpus Christi, Texas $3,337,755
9Port of Baltimore, Md. $2,224,263
10Port of New York $2,162,299

U.S. trade with Namibia rose to $207.35 million through July

Namibia’s trade with the United States rose to $207.35 million through the first seven months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.49 percent below its total trade during the same time period last year. U.S. exports to Namibia decreased 23.69 percent while U.S. imports from Namibia rose 38.59 percent. The U.S. surplus with Namibia was $14.24 million.

Through July, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Houston; No. 3 Port of Beaumont, Texas; No. 4 Port of New Orleans; and No. 5 Low-Valued Imports and Exports. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of Corpus Christi, Texas No. 3 Low-Valued Imports and Exports No. 4 Port of Houston and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 84.47 percent of Namibia’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 3.05 percent to $59.14 million.
    Exports fell 66.23 percent to $2.89 million. Imports rose 7.26 percent to $56.25 million.
  • Trade with No. 2 Port of Houston rose 103.92 percent to $43.92 million.
    Exports rose 33.67 percent to $28.64 million. Imports rose 14178 percent to $15.27 million.
  • Trade with No. 3 Port of Beaumont, Texas rose 1236.72 percent to $30.45 million.
    Exports rose 1236.72 percent to $30.45 million. There were no imports.
  • Trade with No. 4 Port of New Orleans rose 2340.68 percent to $21.2 million.
    Exports rose 40.74 percent to $760,643. Imports rose 6127.43 percent to $20.44 million.
  • Trade with No. 5 Low-Valued Imports and Exports fell 21.23 percent to $20.45 million.
    Exports fell 21.23 percent to $20.45 million. There were no imports.

Namibia ranked No. 130 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 133.

Meanwhile, total U.S. trade with the world increased to $2.41 trillion, down 0.06 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $956.44 billion; imports climbed 0.38 percent to $1.45 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $498.31 billion, up compared to the same period of last year when the deficit was $485.95 billion.

The top five U.S. exports to Namibia by value through July were the categories of Gasoline, other fuels; Low value shipments; Binders for found molds; chemical products; Misc. machinery for moving, grading; and Petroleum products, respectively. They accounted for 70.31 percent of total exports to Namibia.

The value of the top five categories of U.S. imports from Namibia –– Diamonds, not mounted; Uranium, thorium ores, concentrates; Value added to a returned import; Granite, marble, other stones; and Misc. vegetable fats, oils –– accounted for 96.94 percent of all inbound shipments.

Looking more closely at U.S. exports to Namibia:

  • Gasoline, other fuels fell 52.57 percent compared to last year to $28.17 million.
  • Low value shipments fell 21.23 percent compared to last year to $20.45 million.
  • Binders for found molds; chemical products fell 0.67 percent compared to last year to $17.36 million.
  • Misc. machinery for moving, grading totaled $6.26 million. The previous year, there were no exports in this category.
  • Petroleum products totaled $5.66 million. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Namibia:

  • Diamonds, not mounted rose 7.86 percent compared to last year to $56.39 million.
  • Uranium, thorium ores, concentrates rose 38.74 percent compared to last year to $19.8 million.
  • Value added to a returned import rose 5382.28 percent compared to last year to $15.66 million.
  • Granite, marble, other stones rose 96.04 percent compared to last year to $1.38 million.
  • Misc. vegetable fats, oils rose 122.55 percent compared to last year to $372,224.

In the latest annual figures available, Namibia recorded $227.96 million in trade with the United States. At year’s end, its were New York City; Houston; Baltimore; Low Value Shipments; and New Orleans. Total U.S. exports to Namibia were $ 100.91 million and imports from Namibia were $127.05 million. The U.S. deficit with Namibia was $26.14 million.