In February, Namibia imported goods valued at N$12.2 billion. Petroleum oils were the most imported item, making up 12.7% of all imports. The Namibia Statistics Agency (NSA) reported this in its trade bulletin released on Thursday. Imports decreased by 9.3% compared to the N$13.4 billion in January.
The NSA said the five most imported products accounted for 26.9% of total imports. Motor vehicles for business use were second at 4%. Inorganic chemicals came third at 3.7%. Nickel ores and concentrates were fourth at 3.4%. Ores and concentrates of base metals ranked fifth at 3.2%.
India, Norway, and The Netherlands supplied the most petroleum oils. South Africa and China were the main sources for commercial motor vehicles. The Democratic Republic of Congo (DRC) provided the bulk of inorganic chemical elements. Zambia was the primary supplier of nickel ores and concentrates. The DRC also provided the majority of ores and concentrates of base metals.
The Southern African Customs Union was Namibia's biggest import market, accounting for 40.1% of all imports. These were mostly commercial motor vehicles, sugars, molasses, honey, and maize. The BRICS countries (Brazil, Russia, India, China, and South Africa) were second with a 21.4% share. They mainly supplied petroleum oils, commercial motor vehicles, and wheat. The Organisation for Economic Cooperation and Development ranked third with 18.7% of imports.
Roads transported most imports in February, valued at N$7.5 billion, or 61.6% of all goods. Sea transport was second, handling 35% of imports, mainly petroleum oils. Air transport brought in 3.3% of all imported goods.
The NSA said the five most imported products accounted for 26.9% of total imports. Motor vehicles for business use were second at 4%. Inorganic chemicals came third at 3.7%. Nickel ores and concentrates were fourth at 3.4%. Ores and concentrates of base metals ranked fifth at 3.2%.
India, Norway, and The Netherlands supplied the most petroleum oils. South Africa and China were the main sources for commercial motor vehicles. The Democratic Republic of Congo (DRC) provided the bulk of inorganic chemical elements. Zambia was the primary supplier of nickel ores and concentrates. The DRC also provided the majority of ores and concentrates of base metals.
The Southern African Customs Union was Namibia's biggest import market, accounting for 40.1% of all imports. These were mostly commercial motor vehicles, sugars, molasses, honey, and maize. The BRICS countries (Brazil, Russia, India, China, and South Africa) were second with a 21.4% share. They mainly supplied petroleum oils, commercial motor vehicles, and wheat. The Organisation for Economic Cooperation and Development ranked third with 18.7% of imports.
Roads transported most imports in February, valued at N$7.5 billion, or 61.6% of all goods. Sea transport was second, handling 35% of imports, mainly petroleum oils. Air transport brought in 3.3% of all imported goods.
