Goods exports (BoP, current US$) in Namibia
Namibia: Goods exports (BoP, current US$) was 4.67 billion BoP, current US$ in 2024. ▲ Rising
Goods exports in Namibia, 1990–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods exports in Namibia is 4.67 billion BoP, current US$, measured in 2024.
That represents a change of down 1.2% on the previous year and up 22.0% over ten years.
Over the whole period, goods exports in Namibia peaked at 4.73 billion BoP, current US$ in 2023 and was at its lowest, 1.07 billion BoP, current US$, in 2002.
That places Namibia 123rd out of 200 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Goods exports (BoP, current US$) in Namibia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1990 | 1.09 billion BoP, current US$ | — |
| 1991 | 1.18 billion BoP, current US$ | +8.3% |
| 1992 | 1.31 billion BoP, current US$ | +11.2% |
| 1993 | 1.29 billion BoP, current US$ | -1.4% |
| 1994 | 1.32 billion BoP, current US$ | +2.1% |
| 1995 | 1.42 billion BoP, current US$ | +7.4% |
| 1996 | 1.40 billion BoP, current US$ | -1.0% |
| 1997 | 1.34 billion BoP, current US$ | -4.3% |
| 1998 | 1.28 billion BoP, current US$ | -4.8% |
| 1999 | 1.20 billion BoP, current US$ | -6.4% |
| 2000 | 1.31 billion BoP, current US$ | +9.4% |
| 2001 | 1.15 billion BoP, current US$ | -12.4% |
| 2002 | 1.07 billion BoP, current US$ | -6.6% |
| 2003 | 1.26 billion BoP, current US$ | +17.8% |
| 2004 | 1.83 billion BoP, current US$ | +44.8% |
| 2005 | 2.06 billion BoP, current US$ | +12.9% |
| 2006 | 2.65 billion BoP, current US$ | +28.4% |
| 2007 | 2.92 billion BoP, current US$ | +10.2% |
| 2008 | 3.14 billion BoP, current US$ | +7.7% |
| 2009 | 3.02 billion BoP, current US$ | -3.9% |
| 2010 | 3.92 billion BoP, current US$ | +29.7% |
| 2011 | 3.88 billion BoP, current US$ | -1.1% |
| 2012 | 4.16 billion BoP, current US$ | +7.4% |
| 2013 | 3.77 billion BoP, current US$ | -9.3% |
| 2014 | 3.83 billion BoP, current US$ | +1.4% |
| 2015 | 3.21 billion BoP, current US$ | -16.1% |
| 2016 | 3.20 billion BoP, current US$ | -0.4% |
| 2017 | 3.74 billion BoP, current US$ | +17.1% |
| 2018 | 4.19 billion BoP, current US$ | +11.9% |
| 2019 | 3.88 billion BoP, current US$ | -7.4% |
| 2020 | 3.20 billion BoP, current US$ | -17.6% |
| 2021 | 3.67 billion BoP, current US$ | +14.8% |
| 2022 | 4.39 billion BoP, current US$ | +19.6% |
| 2023 | 4.73 billion BoP, current US$ | +7.6% |
| 2024 | 4.67 billion BoP, current US$ | -1.2% |
Namibia compared with similar countries
- Namibia's 4.67 billion BoP, current US$ is below the median for lower middle income countries, which is 6.88 billion BoP, current US$, 68% of the median. (47 countries reporting)
- Namibia's 4.67 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 4.01 billion BoP, current US$, 1.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.28 billion BoP, current US$ | 1.09 billion BoP, current US$ | 1.42 billion BoP, current US$ | 10 |
| 2000s | 2.04 billion BoP, current US$ | 1.07 billion BoP, current US$ | 3.14 billion BoP, current US$ | 10 |
| 2010s | 3.78 billion BoP, current US$ | 3.20 billion BoP, current US$ | 4.19 billion BoP, current US$ | 10 |
| 2020s | 4.13 billion BoP, current US$ | 3.20 billion BoP, current US$ | 4.73 billion BoP, current US$ | 5 |
Countries ranked near Namibia
More economy & growth data for Namibia
- Real gdp growth, annual growth rate -16.45 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 2.35 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 74.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.53 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 54.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -25 % change on previous year (2025)
Frequently asked questions
- What is goods exports in Namibia?
- Goods exports in Namibia was 4.67 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Namibia?
- The highest recorded value was 4.73 billion BoP, current US$ in 2023.
- What is the lowest goods exports recorded in Namibia?
- The lowest recorded value was 1.07 billion BoP, current US$ in 2002.
- How does Namibia rank for goods exports?
- Namibia ranks 123rd out of 200 countries with data for 2024.
- Is goods exports rising or falling in Namibia?
- Over the last ten years it is up 22.0%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.