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 117th largest goods trading partner with $574 million in total (exports plus imports) goods trade during 2011.
Namibia was the United States' 142nd largest goods export market in 2011.
U.S. goods exports to Namibia in 2011 were $137 million, up 23.6% from 2010.
The top export categories (2-digit HS) for 2011 were: Machinery ($30 million), Vehicles ($27 million), Special Other (low value shipments) ($24 million), Precious Stones Metals (diamonds) ($14 million), and Cereals (wheat) ($9 million).
Namibia was the United States' 97th largest supplier of goods imports in 2011.
U.S. goods imports from Namibia totaled $436 million in 2011, a 123.6% increase from 2010.
The top import categories (2-digit HS) for 2011 were: Ores, Slag, and Ash (uranium) ($194 million), Zinc ($134 million), Precious Stones and Metals (diamonds) ($100 million), Fish and Seafood ($4 million), and Special Other (returns) ($2 million).
The U.S. goods trade deficit with Namibia was $299 million in 2011, a 255.8% increase from 2010.