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Namibia

Namibia ranked No. 141 in total trade value through May with a total of $115.05 million. Exports totaled $52.56 million and Imports totaled $62.48 million, a deficit of $9.92 million.

January – May 2019

Top Trading Ports

Total Trade: $115.05 million

RankPortTotal YTD
1John F. Kennedy International Airport $39,531,352
2Port of New Orleans $21,068,366
3Port of Houston $19,583,118
4Low-Valued Imports and Exports $9,546,217
5Port of Port Arthur, Texas $3,539,087
6Port of Savannah, Ga. $2,909,627
7Port of Beaumont, Texas $2,293,057
8Port of New York $1,859,112
9Port of Corpus Christi, Texas $1,727,688
10Dulles International Airport, Washington D.C., Va. $1,617,349

U.S. trade with Namibia rose to $115.05 million through May

Namibia’s trade with the United States rose to $115.05 million through the first five months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 32.85 percent below its total trade during the same time period last year. U.S. exports to Namibia decreased 56.94 percent while U.S. imports from Namibia rose 26.86 percent. The U.S. deficit with Namibia was $9.92 million.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of New Orleans; No. 3 Port of Houston; No. 4 Low-Valued Imports and Exports; and No. 5 Port of Port Arthur, Texas. During the same period the previous year, the top five were No. 1 Port of Corpus Christi, Texas No. 2 John F. Kennedy International Airport 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 81.07 percent of Namibia’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 7.92 percent to $39.53 million.
    Exports fell 40.9 percent to $2.31 million. Imports rose 13.76 percent to $37.22 million.
  • Trade with No. 2 Port of New Orleans rose 2998.86 percent to $21.07 million.
    Exports rose 84.62 percent to $702,779. Imports rose 6706.32 percent to $20.37 million.
  • Trade with No. 3 Port of Houston rose 24.48 percent to $19.58 million.
    Exports rose 16.01 percent to $18.18 million. Imports rose 2224.32 percent to $1.4 million.
  • Trade with No. 4 Low-Valued Imports and Exports fell 57.59 percent to $9.55 million.
    Exports fell 57.59 percent to $9.55 million. There were no imports.
  • Trade with No. 5 Port of Port Arthur, Texas fell 76.41 percent to $3.54 million.
    Exports fell 76.41 percent to $3.54 million. There were no imports.

Namibia ranked No. 141 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 129.

Meanwhile, total U.S. trade with the world increased to $1.71 trillion, up 0.56 percent compared to the same period last year. The nation’s exports climbed 0.12 percent to $685.55 billion; imports climbed 0.86 percent to $1.03 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 $342.77 billion, up compared to the same period of last year when the deficit was $334.82 billion.

The top five U.S. exports to Namibia by value through May were the categories of Binders for found molds; chemical products; Low value shipments; Misc. machinery for moving, grading; Sulfur, not sublimed; and Rubber tires, respectively. They accounted for 59.1 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 Computer parts –– accounted for 96.48 percent of all inbound shipments.

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

  • Binders for found molds; chemical products fell 23.11 percent compared to last year to $9.78 million.
  • Low value shipments fell 57.59 percent compared to last year to $9.55 million.
  • Misc. machinery for moving, grading totaled $4.15 million. The previous year, there were no exports in this category.
  • Sulfur, not sublimed rose 11.97 percent compared to last year to $4.02 million.
  • Rubber tires fell 15.55 percent compared to last year to $3.57 million.

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

  • Diamonds, not mounted rose 14.9 percent compared to last year to $37.46 million.
  • Uranium, thorium ores, concentrates rose 38.74 percent compared to last year to $19.8 million.
  • Value added to a returned import rose 1047.13 percent compared to last year to $1.87 million.
  • Granite, marble, other stones rose 39.46 percent compared to last year to $795,343.
  • Computer parts totaled $364,858. The previous year, there were no imports in this category.

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.