AGOA Status: Namibia is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. and the Southern Africa Customs Union (SACU), which includes Namibia, signed a Trade, Investment, and Development Cooperative Agreement (TIDCA) in 2008. The TIDCA establishes a forum for consultative discussions, cooperative work, and possible agreements on a wide range of trade issues, with a special focus on customs and trade facilitation, technical barriers to trade, sanitary and phytosanitary (SPS) measures, and trade and investment promotion.
U.S.-Namibia Trade Facts
Namibia is currently our 124th largest goods trading partner with $416 million in total (exports plus imports) goods trade during 2012. Goods exports totaled $185 million; Goods imports totaled $231 million. The U.S. goods trade deficit with Namibia was $47 million in 2012.
Namibia was the United States' 135th largest goods export market in 2012.
U.S. goods exports to Namibia in 2012 were $185 million, up 35.2% from 2011.
The top export categories (2-digit HS) for 2012 were: Special Other (low value shipments) ($34 million), Vehicles ($28 million), Mineral Fuel (oil) ($28 million), Machinery ($22 million), and Miscellaneous Chemical Products ($18 million).
Namibia was the United States' 108th largest supplier of goods imports in 2012.
U.S. goods imports from Namibia totaled $231 million in 2012, a 47.0% decrease from 2011.
The top import categories (2-digit HS) for 2012 were: Precious Stones and Metals (diamonds) ($119 million), Ores, Slag, and Ash (uranium) ($103 million), Fish and Seafood ($6 million), Special Other (returns) ($926 thousand), and Stone, Plaster, Cement ($785 thousand).
The U.S. goods trade deficit with Namibia was $47 million in 2012, a 84.5% decrease from 2011.