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.
Namibia Trade Summary
U.S. goods and services trade with Namibia totaled an estimated $550.0 million in 2024, up 28.2 percent ($120.9 million) from 2023.
U.S. total goods trade (exports plus imports) with Namibia was an estimated $435.0 million in 2024. U.S. goods exports to Namibia in 2024 were $160.4 million, down 8.8 percent ($15.5 million) from 2023. U.S. goods imports from Namibia in 2024 totaled $274.6 million, up 107.8 percent ($142.4 million) from 2023. The U.S. goods trade deficit with Namibia was $114.2 million in 2024, compared to a $43.8 million goods trade surplus in 2023.
U.S. total services trade (exports plus imports) with Namibia totaled an estimated $115 million in 2024. U.S. services exports to Namibia in 2024 were $66 million, down 5.7 percent ($4 million) from 2023. U.S. services imports from Namibia in 2024 were $49 million, down 3.9 percent ($2 million) from 2023. The U.S. services trade surplus with Namibia was $17 million in 2024, a 5.6 percent decrease ($1 million) over 2023.
