Market Brief on Namibia - tradezimbabwe.com · between 2011-2015, %, p.a. Namibia imports from...
Transcript of Market Brief on Namibia - tradezimbabwe.com · between 2011-2015, %, p.a. Namibia imports from...
Market Brief on Namibia
May 2016
Location Facts and Figures
Namibia is situated on Africa’s south-western seaboard. Its neighbouring countries are Angola to the north, Botswana and Zimbabwe to the east and South Africa to the south, with the Atlantic Ocean forming its western border.
Total Population 2.1 million
Area 825 615 sq.km
Time Zone +2 hrs GMT
Capital City Windhoek
International Telephone Code
+264
Currency Namibian $ and Rand (Pegged at 1: 1)
Exchange Rate 1US$=15.15168 Nam $ (23 Dec 2015)
GDP (Dec 2015) US$13.43 billion
GDP per capita US$5,961
GDP Growth Rate 6.9% (2014 forecast)
Ease of Doing Business (World Bank 2015)
101/189
Inflation Rate 5.35 (2015)
Official Language(s)
English
Cities and Population Other Languages German, Afrikaans, Herero & Oshiwambo
Business Hours 0800 hrs-1700 hrs Lunch 1300-1400 hrs
Banking Hours 0900-1530 hrs (weekdays) 0830-1200 (Sat)
Literacy Rate 76.4%
Measures Metric System
Important International Participation
UN, AU, SADC, SACU, WTO
City Population
Windhoek 365,000
Walvis Bay 85,000
Oshakati 36,541
Otjiwarongo 28,249
Ondangwa
22,822
Namibia Trade with the world
Major import sources of Namibia (2015) Major export destinations of Namibia (2015) Na
-
1
2
3
4
5
6
7
8
9
2011 2012 2013 2014 2015
US$
Bill
ion
Years
Imports Exports
71%
9%
2%2%
2%
2%1%
1%
1% 1% 8%
South Africa China USA
Germany Bulgaria Peru
Turkey Chile Mozambique
India Other
21%
9%
9%
9%7%
7%
5%
5%
4%
4%
20%
South Africa Belgium Spain
China France Germany
Netherlands Italy Zambia
Canada Other
Source: Trademap Source: Trademap
Source: Trademap
Major import products of Namibia (2015) Major export products of Namibia (2015)
Zimbabwe-Namibia Trade
14%
11%
9%
7%
5%5%3%2%2%
42%
Vehicles other than railway, tramway
Machinery
Mineral fuels, oils, distillation products, etc
Electrical, electronic equipment
Articles of iron or steel
Ores, slag and ash
Plastics and articles thereof
Pharmaceutical products
Beverages, spirits and vinegar
Other
23%
15%
15%
7%6%
5%
5%
5%
3%
2%14%
Fish
Inorganic chemicals
Copper and articles thereof
Zinc and articles thereof
Ores, slag and ash
Meat and edible meat offal
Pearls
Live animals
Edible fruit, nuts, peel of citrus fruit, melons
Beverages, spirits and vinegar
Other
(15)
(10)
(5)
-
5
10
15
20
25
2011 2012 2013 2014 2015
US$
Mill
ion
Exports Imports Trade Balance Source: Trademap
Source: Trademap Source: Trademap
Zimbabwe’s major exports to Namibia (2015)
Zimbabwe Exports to Namibia
US$’000
Annual growth in value
between 2011-2015, %, p.a.
Namibia imports from world US$’000
Electrical energy 12,628 70 172,031
Pharmaceuticals 518 37 101,743
Agricultural equipment and machinery
281
-43 5,939
Sugar confectionery 93 7 21,028
Non-alcoholic beverages (excl. water, fruit or vegetable juices and mi
57 - 18,562
Footwear 29 106 14,088
Source: Trademap
Zimbabwe's imports from Namibia Zimbabwe products with export potential to Namibia
Copper ores and concentrates
Pharmaceuticals
Structures and products (rods, angle, plates including door and window frames) of iron & steel
Raw sugar, cane
Cigarettes containing
Articles of bedding/furnishing tobacco
Beauty or make-up preparations
Interior blinds curtain
Alcoholic beverages
Articles of plastics
Sugar confectionery
Animal feed preparations
Bed linen
Footwear
Sanitary articles of paper
Poultry meat
Furniture (wooden) In 2015 ZimTrade carried out a Market Survey in Namibia. The Market survey report is available in the Trade Information Centre (Harare & Bulawayo).
63%
7%
6%
3%
3%
3%
2%
2%1%
1%
1% 8%
Fish, frozen, whole
Prepared or preserved meat
Live bovine animals
Meat of bovine animals, frozen
Beer made from malt
Fish fillets and pieces, fresh, chilled or frozen
Petroleum oils, not crude
Salt
Turntable (record-decks),record-player
Non-alcoholic beverages
Trucks, motor vehicles for the transport of goods
Other Source: Trademap
Useful Addresses Preferential Trade Arrangements
Embassy of the Republic of Zimbabwe 398 Independence Avenue and Grimm Street P. O. Box 23056 Windhoek 9000 Tel: +264 61 227738; 228134; 228137 Fax: +264 61 226859 E-mail: [email protected] ; [email protected]
Embassy of the Republic of Namibia 69 Borrowdale Road, Borrowdale P. O. Box 7166, Harare Tel: +263 4 885841; 882709 Fax: +263 4 885800 E-mail: [email protected]
Chamber of Commerce in Namibia No. 2 Jenner Street (Cnr. Simpson & Jenner Str.) P. O. Box 9355, Windhoek Tel: +264 61 22 8809 Fax: +264 61 22 8009 E-mail: [email protected] Website: www.ncci.org.na
Trade Fairs Windhoek Show, Windhoek 25-30 September 2016 Tel: +264 61 224 748 Fax: +264 61 227 707 E-mail: [email protected] Website: www.windhoekshow.na
Zimbabwe-Namibia Preferential Bilateral Trade
Agreement
This preferential trade agreement entered into force in August 1992. Goods grown, produced or manufactured in Zimbabwe may be imported into Namibia free of customs duty, and vice-versa if they are wholly produced/obtained.
The following categories of goods shall be considered as wholly obtained:
• Mineral products extracted from its soil • Vegetable products harvested or gathered therein • Live animals born and raised therein • Products obtained therein from live animals • Forest products harvested therein • Fish and other marine products gathered therein
or from its marine economic zone, and • Products obtained therein exclusively from
products specified
SADC Trade Protocol Zimbabwe and Namibia are both members of the SADC
Protocol. The Protocol is an agreement between SADC
Member States to reduce customs duties and other
barriers to trade on products from each other. By January
1, 2008, most customs duties (on 85% of tariff lines) had
been eliminated for goods originating from SADC Member
States.
For more information on trading under SADC Trade Protocol and bilateral trade
agreement refer to ZimTrade’s “Guide to Zimbabwe’s Trade Agreements”.