• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Friday, June 20, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
26 °c
Windhoek
22 ° Wed
25 ° Thu
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Companies Trade

Walvis Bay Harbour handles N$9bn trade in April

by editor
June 4, 2024
in Trade
343
A A
8
SHARES
6.9k
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Walvis Bay Harbour became Namibia’s leading trade gateway in April 2024, handling the highest trade volumes for exports and imports compared to other ports in the country, latest data shows.

You might also like

Trade deficit narrows by 19.8% to N$11.4 billion in first 5 months

Inflation slows to 3.5% in May as food and alcohol keep upward pressure

Namibia’s trade deficit widens by N$700 million in March

According to the Namibia Statistics Agency (NSA), Walvis Bay Harbour handled N$3,8 billion in exports and N$5,2 billion in imports during the month.  

NSA’s Trade Statistics Bulletin revealed that Namibia’s total exports stood at N$9,5 billion, reflecting a 16.3% increase from March 2024’s N$8.2 billion and a 26.1% rise compared to April 2023. 

This comes as imports reached N$12.6 billion, marking a slight decrease of 1.3% from March 2024 but a significant 44% increase compared to April 2023’s N$8,8 billion. This resulted in a trade deficit of N$3,1 billion for the month. 

Meanwhile in terms of trade, Eros Airport followed with exports worth N$1,895 million and imports amounting to N$166 million, highlighting a substantial discrepancy between its export and import activities. 

At Hosea Kutako International Airport, exports were valued at N$794 million, whereas imports were N$687 million, indicating a relatively balanced trade flow. 

The Ariamsvlei border post saw exports totalling N$330 million, significantly lower than its imports which stood at N$1,9 billion.

Similarly, the Trans Kalahari border post recorded exports of N$740 million against much higher imports of N$2,1 billion. 

Katima Mulilo border post reported exports of N$1,4 billion, contrasted with imports of N$422 million, showing a strong export performance. 

In contrast, the Oshikango border post’s exports were minimal at N$58 million, with no imports.

Ngoma border post had exports valued at N$93 million and imports of N$44 million, indicating more export activity. 

NSA data shows that the Noordoewer border post registered N$212 million in exports against N$1 billion in imports, displaying a significant import dominance. 

Lastly, Lüderitz Harbour contributed N$164 million in exports and N$357 million in imports, again showing a higher import volume compared to exports. 

South Africa was Namibia’s largest export destination, accounting for 17.6% of total exports, followed closely by China at 16.9%. 

“Other significant export markets included Botswana, the Democratic Republic of Congo, and Zambia. On the import side, South Africa dominated with 34.8% of the total, followed by China at 9.2%, with Peru, Oman, and Germany also being key import partners,” said the NSA bulletin.

Transport modes played a crucial role in facilitating trade, with sea transport handling 41.6% of total exports, road transport 30.1%, and air transport 28.3%. 

Conversely, for imports, road transport was the most utilised, accounting for 48.9% of total imports, followed by sea transport at 44.2%, and air transport at 6.9%. 

In April 2024, Namibia exported N$4 billion worth of goods via sea transportation representing 41.6%, while road exports represented 30.1%, and air 28.3%.

“Namibia exported goods worth N$4 billion, primarily consisting of uranium, fish, and copper via sea; salts, fish, and petroleum oils via road; and precious stones, non-monetary gold, and crustaceans via air,” said the NSA.

Importantly, sea imports included petroleum oils, copper ores, and rotating electric plants, while road imports featured nickel ores, motor vehicles, and alcoholic beverages. Imports by road were valued at N$6.2 billion.

author avatar
editor
See Full Bio
Tags: Eros Airportnamibianamibia newsNamibia Statistics Agencytradewalvis bayWalvis Bay Harbour
Share166Tweet104Share29
Previous Post

Shell and Galp win Mckenzie awards for Namibia discoveries

Next Post

Understanding the dynamics of brand value

Recommended For You

Trade deficit narrows by 19.8% to N$11.4 billion in first 5 months

by reporter
June 18, 2025
0
Trade deficit narrows by 19.8% to N$11.4 billion in first 5 months

#image_title Namibia’s merchandise trade deficit narrowed by 19.8% to N$11.4 billion during the first five months of 2025 compared to the same period last year. According to latest...

Read moreDetails

Inflation slows to 3.5% in May as food and alcohol keep upward pressure

by reporter
June 12, 2025
0
Inflation slows to 3.5% in May as food and alcohol keep upward pressure

Namibia’s annual inflation rate stood at 3.5% in May 2025, largely driven by rising prices for food, non-alcoholic beverages, and alcohol, the Namibia Statistics Agency (NSA) said on...

Read moreDetails

Namibia’s trade deficit widens by N$700 million in March

by reporter
May 8, 2025
0
Namibia’s trade deficit widens by N$700 million in March

Namibia’s trade deficit widened by N$700 million in March 2025, driven largely by a sharp increase in petroleum oil imports, the Namibia Statistics Agency (NSA) has reported. According...

Read moreDetails

EAN urges export diversification amid US tariff setback

by editor
April 9, 2025
0
EAN urges export diversification amid US tariff setback

The Economic Association of Namibia (EAN) has called for urgent export diversification in response to the recent imposition of a 21% tariff on Namibian goods entering the United...

Read moreDetails

Namibia earns N$10.1 billion in exports 

by editor
April 3, 2025
0
Namibia earns N$10.1 billion in exports 

Namibia earned N$10.1 billion from exports in February 2025, driven by the supply of uranium, non-monetary gold, fish and petroleum oils. The country’s export earnings dropped by 5.1%...

Read moreDetails
Next Post
Understanding the dynamics of brand value

Understanding the dynamics of brand value

Related News

SMEs support over 200,000 Namibians, contribute 12% to GDP 

SMEs support over 200,000 Namibians, contribute 12% to GDP 

November 20, 2024
Govt needs over N$112bn to address greenhouse emissions

Govt needs over N$112bn to address greenhouse emissions

February 17, 2023
Capricorn Foundation invests N$1m in skills development

Capricorn Foundation invests N$1m in skills development

May 8, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.