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Namibia: Namibia’s trade deficit improves in December – National

Namibia: Namibia’s trade deficit improves in December – National

Africa Links 24 with Donald Matthys
Published on 2025-02-04 10:55:10

Namibia’s trade balance stood at a deficit of N$119 million in December 2024, a significant improvement when compared to a deficit of N$5.5 billion in November 2024.

According to the latest data by the Namibia Statistics Agency (NSA), the December 2024 deficit was better than the N$969 million recorded in December 2023.

According to the breakdown of Namibia’s trade by partner, South Africa continued to be the country’s top import market, while China remained the top export market.

“In…

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