Exports to Mozambique worth N$4.1 billion

Namibia exported goods worth N$4.1 billion to Mozambique in the period 2015 to 2022, statistics by Namibia Statistics Agency revealed this week.

The figures also revealed that on the demand side, goods amounting to N$1.7 billion over the same period were sourced from Mozambique.

The export basket to Mozambique comprised mainly of fish, medicaments (including veterinary) and motor vehicles for the transport of goods whereas the import basket comprised of special commodities not classified according to kind, ‘electrical machinery and apparatus’ and milk.

The Agency said in August 2023, Namibia exported goods worth N$4.5 billion to the whole of Africa of which N$45.7 million was exported to Mozambique. Whereas, on the demand side, the country sourced goods from Africa worth N$4.8 billion during the month under review of which N$665 240 thousand was sourced from Mozambique.

Southern African Customs Union (SACU) was the dominant export destination for Namibia’s goods during August with a share of 44.3% of total exports.

The Organisation for Economic Co-operation and Development (OECD) and the European Union (EU) followed in second and third position contributing 26% and 23.1% to Namibia’s total exports, respectively.

Southern African Development Community (SADC) excluding SACU and the Common Market for Eastern and Southern Africa (COMESA) took the fourth and fifth positions accounting for 15.3% and 13.8% of total exports.

Exports to SACU comprised mainly of diamonds, non-monetary gold and petroleum oils whereas fish, ‘copper and articles of copper’ and diamonds) were destined to OECD and the EU. Lastly, export baskets to SADC excluding SACU and COMESA were mainly made up of Fish, miscellaneous chemical products and iron and steel bars.

In August, SACU maintained its first position as the largest source of imports for Namibia, contributing 36.6% and supplied Namibia mainly with, motor vehicles for the transport of goods, alcoholic beverages and motor cars for the transport of persons.

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