Merchandise Trade Balance in Namibia
The merchandise trade balance in Namibia averaged -2.4 billion USD in the decade leading up to 2022. The 2022 reading was -1.6 billion USD. For more trade information, visit our dedicated page.
Namibia Trade Chart
Note: This chart displays Trade Balance (USD billion) for Namibia from 2014 to 2023.
Source: Macrobond.
Namibia Trade Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | -1.5 | -1.2 | -2.0 | -2.0 | -1.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Namibian trade projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Namibian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Namibian trade projections.
Want to get access to the full dataset of Namibian trade forecasts? Send an email to info@focus-economics.com.