Namibia

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. The TIDCA was developed at the conclusion of active Free Trade Agreement (FTA) negotiations between the U.S. and SACU, which were suspended in 2006 due to divergent views on the scope and level of ambition for an FTA.

U.S.-Namibia Trade Facts

Namibia is currently our 127th largest goods trading partner with $306.3 million in total (exports plus imports) goods trade during 2010. Goods exports totaled $111.1 million; Goods imports totaled $195.1 million. The U.S. goods trade deficit with Namibia was $84 million in 2010.

Exports

Namibia was the United States' 142nd largest goods export market in 2010.

U.S. goods exports to Namibia in 2010 were $111.1 million, down 45% from 2009.

The top export categories (2-digit HS) for 2010 were: Vehicles ($32.8 million), Special Other ($18.5 million), Plastic ($13.1 million), Precious Stones Metals ($12.4 million), and Machinery ($10.9 million).

Imports

Namibia was the United States' 108th largest supplier of goods imports in 2010.

U.S. goods imports from Namibia totaled $195.1 million in 2010, a 40.6% decrease from 2009.

The top import categories (2-digit HS) for 2010 were: Ores, Slag, and Ash ($137.6 million) and Precious Stones and Metals ($51.9 million).

Trade Balance

The U.S. goods trade deficit with Namibia was $84 million in 2010, 33% less than in 2009.