In the latest trade statistics release, the Namibia Statistics Agency has revealed that the month of March 2022, saw Namibia’s total merchandise trade amounting to N$15.0 billion, a decrease of 12.5 percent when compared to the level of N$17.1 billion recorded in February 2022. The country’s trade deficit however improved to N$2.9 billion from the revised deficit of N$4.6 billion recorded in February 2022. The NSA says that Namibia’s trade composition by partners showed that South Africa emerged as Namibia’s largest market for both exports and imports.
