Trade deficit reaches N$3.6 billion in August 2024

The Namibia Statistics Agency has reported a trade balance deficit of N$3.6 billion in August 2024 which is an increase from N$2.1 billion in July and a decrease from N$4.9 billion in August 2023. Exports were adjusted upward by N$7 million, while imports decreased by N$1 million, mainly due to higher export values of fish and precious stones, according to Namibia Statistics Agency spokesperson Mirjam Shihepo.

Audio Player

00:00

Use Up/Down Arrow keys to increase or decrease volume.

Written by: Tonata Kadhila

Deficit Economic Data exports Fish Exports imports Namibia Statistics Agency Precious Stones Trade Balance

Rate it

First Gentleman says oil and gas under presidency a strategic move

(Contributed Photo) By: Josia Shigwedha Namibia’s First Gentleman,Denga Ndaitwah, says President Netumbo Nandi-Ndaitwah placed the country's oil and gas portfolio under her office to safeguard it from corruption, as it is one of the sectors most vulnerable to abuse. Speaking at a student workshop held at Triumphant College in Khomasdal, […]

9 April, 2025 9

Namibia

Namibia implements N$1.3 billion in climate projects, pushes for direct access to boost funding

By: Hertha Ekandjo Namibia is currently implementing climate change projects valued at approximately N$1.3 billion, funded through various international climate financing mechanisms. These initiatives form part of the N$4 billion the country has secured over the past decade through multilateral funding windows and bilateral cooperation. Environment ministry’s deputy director for […]

9 April, 2025 16