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Page 1: MONTHLY TRADE STATISTICS BULLETIN...MONTHLY TRADE STATISTICS BULLETIN JANUARY 2014 9 2.5 Top exports Namibia’s five main export commodities during the month of January 2014 were
Page 2: MONTHLY TRADE STATISTICS BULLETIN...MONTHLY TRADE STATISTICS BULLETIN JANUARY 2014 9 2.5 Top exports Namibia’s five main export commodities during the month of January 2014 were

MONTHLY TRADE STATISTICS BULLETIN JANUARY 2014 1

MONTHLY TRADE STATISTICS BULLETINJanuary 2014

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MONTHLY TRADE STATISTICS BULLETIN JANUARY 20142

Mission, Vision and Core Values

MISSION STATEMENT“In a coordinated manner, we produce and disseminate relevant, quality and timely statis-tics that are fit-for-purpose in accordance with international standards and best practice”

VISION STATEMENT

“Be a high performance institution in statistics delivery”

CORE VALUESPerformance

IntegrityService focusTransparency

AccuracyPartnership

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MONTHLY TRADE STATISTICS BULLETIN JANUARY 2014 3

Preface

Foreign trade statistics plays an important role in Namibia’s economy as it measures values and quan-tities of goods that, by moving into or out of a country, add or subtract from a nation’s material stock of goods. Foreign trade statistics are essential for the formulation of monetary, fiscal, com-

mercial and regional integration policies. More importantly, in the Southern African Customs Union (SACU), reliable import statistics are crucial when it comes to revenue sharing among member states.

Since Namibia’s independence, government policy has been to: develop, promote and diversify the coun-try’s exports. It also helped to expand and consolidate market shares of existing markets and penetrate new markets. One of the goals was to reduce reliance on imports from one or two main trading partners. Prior to independence, trade flow between Namibia and the rest of the world was not independently recorded. Since 1990, positive developments have taken place, both in the particulars recorded and the methods of recording. Computerization of procedures at the Directorate of Customs and Excise in the Ministry of Finance continues to enhance the timely dissemination and analysis of trade statistics through prompt transfer of captured trade data at Customs to the NSA.

This bulletin presents the monthly trade data for January 2014, excluding data pertaining to electricity.

John SteytlerStatistician-General

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4

Table of Contents

1. INTRODUCTION 5

2. KEY DEVELOPMENTS 6

2.1 REVISIONS 6

2.2 TRADE BALANCE 6

2.3 EXPORTS TO KEY MARKETS 7

2.4 IMPORTS FROM KEY MARKETS 8

2.5 TOP EXPORTS 9

2.6 TOP IMPORTS 10

3. TRADE BY ECONOMIC REGIONS 11

3.1 EXPORTS 12

3.2 IMPORTS 13

TRADE BY MODE OF TRANSPORT 14

3.3 EXPORTS 14

3.4 IMPORTS 15

4. CONCLUSION 16

5. LIST OF TERMS AND DEFINITIONS 17

6. APPENDIX 18

6.1 TRADE BY FOB VALUE 18

6.2 MAIN EXPORT DESTINATION 18

6.3 MAIN SOURCE OF IMPORTS 18

6.4 TOP TEN EXPORTS 19

6.5 TOP TEN RE-EXPORTS 19

6.6 TOP TEN IMPORTS 19

6.7 EXPORT PRODUCTS TO KEY MARKETS 20

6.8 IMPORT PRODUCTS FROM KEY MARKETS 21

6.9 TRADE BY OFFICE 22

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MONTHLY TRADE STATISTICS BULLETIN JANUARY 2014 5

1. Introduction

The mandate of the Namibia Statistics Agency is to produce and disseminate relevant, quality and timely statistics. This includes statistics relating to imports and exports. This report presents a summary of trade statistics in terms of imports and exports of merchandise goods as observed in January 2014.

Foreign trade statistics derived from records of trade flows across international borders are invaluable for the formu-lation of commercial, fiscal and monetary policies of any country. The basic information for the compilation of trade statistics is collected and captured based on import/export declarations made by traders.

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MONTHLY TRADE STATISTICS BULLETIN JANUARY 20146

Table 1 December revisions

2. Key Developments2.1 Revisions

Revisions on trade data are made every month; this happens each time a new monthly data file is imported into the database. In some months, revisions are negligible while in other months they are significant.

Table 1 shows the revisions made to the December 2013 data after the monthly data file of January 2014 was imported into the database.

2.2 Trade Balance

Namibia’s trade balance recorded a deficit valued at N$1.3 billion in January 2014. It narrowed by 76.3 percent when compared to revised figures of last month in which the deficit was quoted to be N$5.5 billion. On a yearly basis, the deficit grew by 44.7 percent from N$900 million. The deficit in January narrowed compared to December because of a decline in the value of imports by 41.5 percent from N$8.8 billion to N$5.2 bn. This is the lowest import value since June 2013. Domestic demand for ores from Switzerland and from Bulgaria declined by 93.0 percent to N$266 million compared to N$3.8 billion a month earlier. The overall value of imported goods from Switzerland alone fell by 92.8 percent to N$245 million from N$3.4 billion in December 2013. When compared to the same month of the preceding year, imports declined slightly by 0.8 percent. The main import items include mineral fuels and oils; boilers and machin-ery; and copper and articles thereof.

Export earnings grew by 16.4 percent to N$3.9 billion compared to December 2013 as revenue from sales to all major markets except Angola and Botswana grew. Exports to Singapore grew strongly to N$162 million from N$13 million a month ago, while a strong growth in exports to China was also recorded, from N$11 million last month to N$107 mil-lion. On the other hand, export earnings declined by 10.4 percent from N$4.3 billion on a yearly basis. Beef exports dropped by 31.6 percent to N$46 million, which affected in particular the trade with the UK. The value of beef ex-ported to the UK declined by 40.7 percent to N$10.8 million from N$18.2 million a month ago. The lower value of beef exports can be attributed to the drought last year and the subsequent increase in livestock marketing combined with improving grazing conditions since the beginning of this year.

As  per  Dec-­‐13  report Revised  Dec-­‐13 DifferenceExport 3,148 3,308 160Import 8,365 8,811 446Trade  balance -­‐5,217 -­‐5,503 -­‐286

Value  (N$  m)

 

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2.3 Exports to key markets

Namibia’s export markets in January 2014 were dominated by South Africa, Switzerland, Angola and Canada. The Ex-port Processing Zone also contributed significantly to Namibia’s export revenues. These export markets accounted for 65.0 percent of total export earnings. The overall value of export earnings from these markets rose by 61.8 percent to N$2.5 billion compared to N$1.5 billion a month ago. When compared to the same month of the preceding year, export revenue from these markets grew by 25.8 percent from N$2.0 billion.

In value terms, exports increased the most to South Africa and Canada (up by about N$300 million each) and to Swit-zerland (up by about N$250 million). In relative terms exports expanded by 1,180 percent to Singapore, 864 per cent to China and 611 per cent to Canada, always from a low basis though. Exports to Singapore grew from N$12 million a month ago to N$161 million because of the demand for zinc. Switzerland moved two places up to be the second export destination from being the fourth a month ago.

Botswana moved nine places down the list, from being the fifth to the fourteenth place as Namibia’s export destina-tion. The export value to Botswana fell by 80.4 percent to N$41 million from N$209 million a month ago; similarly, it fell by 94.6 percent from N$75 million a year earlier. This is due to the decline in sales of diamonds to that country. Additionally, export revenue from Angola weakened compared to last month. While exports to Canada increased sig-nificantly on a monthly basis it weakened on a yearly basis by 16.7 percent.

Export shares to the top five markets are shown in Chart 2.

Chart 1 Trade Balance in N$ million

-­‐6,000

-­‐5,000

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Jan-­‐13 Feb-­‐13 Mar-­‐13 Apr-­‐13 May-­‐13 Jun-­‐13 Jul-­‐13 Aug-­‐13 Sep-­‐13 Oct-­‐13 Nov-­‐13 Dec-­‐13 Jan-­‐14  

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MONTHLY TRADE STATISTICS BULLETIN JANUARY 20148

Chart 2 Main export destinations

2.4 Imports from key markets

The main countries from which Namibia imported goods during the month of January 2014 were South Africa, Ger-many, Switzerland, and USA. The Export Processing Zone was also among the top five import markets for Namibia in the period under review. These markets accounted for 80.4 percent of total imports, down from 82.4 percent a month earlier and up from 71.4 percent a year ago. The overall import expenditure weakened by 41.5 percent from N$8.8 billion last month to N$5.15 billion and by 0.8 percent from N$5.20 billion a year ago.

The decline in import expenditure was caused by weakening domestic demand for ores mainly from Switzerland and Bulgaria by 91.2 percent to N$339 million compared to N$3.7 billion a month ago. A substantial decline in the value of imports was also noted from countries such as Zambia (17.0 percent), DRC (16.8 percent) and RSA (12.0 percent).

The decline in imports from Zambia was caused by copper and cereals, while the drop in imports from the DRC was caused by copper. Lower import values of beverages and mineral fuels and oils caused the fall in imports from RSA. Import shares from the top five markets are shown in Chart 3.

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South  Africa Switzerland Angola Canada Export  Processing  Zone

Jan-­‐14 Dec-­‐13 Jan-­‐13

 

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2.5 Top exports

Namibia’s five main export commodities during the month of January 2014 were ores, fish, precious stones, zinc and electrical machinery. The overall export value for these commodities rose by 50.0 percent as revenue from sales in-creased to N$2.6 billion compared to N$1.7 billion a month ago. These commodities accounted for 67.1 percent of total export earnings, up from 52.1 percent a month ago and down from 71.6 percent a year earlier.

Exports of zinc rose sharply to N$418 million from N$23 million a month earlier as external demand by Singapore increased. High external demand for copper by Switzerland was the cause for a sharp increase in copper exports by 99.2 percent to N$155 million compared to N$78 million a month ago and from N$101 million a year earlier. A once off shipment to South Korea valued at N$7 million also contributed to a higher export value of copper. Exports of electrical machinery rose substantially as demand by RSA increased to N$288 million from N$3 million a month ago.

The overall export value of meat, beverages and ores fell by 16.2 percent to N$927 million compared to N$1.1 billion a month earlier. The decline in meat export emanates from supply constraints since farmers sold their livestock last year in order to adjust to the drought and are now re-stocking or keeping the herd size because of improving grazing condi-tions. Low demand of beverages by RSA, Zambia, Angola and Mozambique was a cause for a drop in beverage export by 39.0 percent to N$119 million from N$196 million a month ago. The overall export value of ores was affected as a result of low demand by Switzerland.

Chart 3 Main sources of imports

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South  Africa Export  Processing  Zone Germany Switzerland USA

Jan-­‐14 Dec-­‐13 Jan-­‐13

 

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2.6 Top imports

Namibia’s top five import commodities during the month of January 2014 were mineral fuels and oils; boilers and ma-chinery; copper and articles thereof; vehicles; and precious stones (diamond). The overall import value for these com-modities increased by 70.9 percent as domestic expenditure rose to N$2.7 billion from N$1.6 billion a month earlier and from N$1.9 billion a year ago. These commodities accounted for 51.6 percent of total import expenditure, up from 17.8 percent a month earlier and up from 36.3 percent a year ago.

There was a strong increase in the import value of mineral fuels and oils by 230.5 percent to N$794 million from N$240 million last month and from N$156 million a year earlier. This follows an overall increase in domestic demand, mainly from RSA and Germany to N$757 million from N$208 million last month and from N$116 a year ago. Furthermore, the EPZ contributed to the sharp rise in diamond imports to Namibia while the cause for a sharp rise in copper import was due to high domestic demand from RSA.

The overall value of beverages, electrical machinery and vehicles weakened by 29.8 percent as domestic demand fell to N$750 million from N$1.1 billion a month ago and by 41.4 percent from N$1.3 billion a year ago.

Chart 4 Top ten exports

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Ores Fish Precious  stones(diamond)

Zinc  and  articles  thereof Electrical  machinery  andequipment

Jan-­‐14 Dec-­‐13 Jan-­‐13

 

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3. Trade by economic regions3.1 Exports

The number one export market for Namibia was the Southern African Customs Union (SACU). The value of export revenue from SACU rose by 19.9 percent to N$882 million compared to N$736 million last month. SACU accounted for 22.9 percent of total export earnings, up from 22.2 percent last month but down from 32.9 percent a year ago. How-ever, export revenue from SACU fell by 37.7 percent from N$1.4 billion on a yearly basis.

The Non SACU-SADC region was the second largest export market for Namibia, accounting for a share of 17.9 percent of total exports. This is lower than a month ago (21.7 percent), but up from 15.4 percent a year earlier. The export value from this region declined by 4.1 percent to N$688 million compared to N$718 million in the previous month, but increased by 3.9 percent from N$662 million in January 2013.

EFTA occupied the third position as Namibia’s important export destination. Export revenue from this region grew by 61.6 percent to N$642 million from N$397 million a month ago. When compared to the same month last year, exports rose by 46.1 percent from N$439 million. The region accounted for 16.7 percent of total export revenue, up from 12.0 percent a month earlier and from 10.2 percent a year ago.

In addition, the EU, COMESA and BRIC (Brazil, Russia, India and China) also contributed significantly towards Namibia’s export revenue. When compared to other regions, the EAC’s contribution to Namibia’s export earnings remain insignif-icant, though strong growths of 82.1 percent and 34.0 percent were noted on a monthly and annual basis, respectively. Exports to EAC countries amounted to N$3.4 million in January 2014 compared to N$1.8 million (December 2013) and N$2.5 million in January 2013.

Chart 5 Top five imports

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Mineral  fuels  and  oils Boilers  and  machinery Copper  and  articlesthereof

Vehicles Precious  stones(Diamond)

Jan-­‐14 Dec-­‐13 Jan-­‐13

 

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3.2 ImportsDuring the month under review, Namibia mostly imported from SACU compared to other economic regions. Import expenditure from SACU amounted to N$3.2 billion representing 61.4 percent of total imports, up from 41.2 percent a month ago but down from 67.1 percent a year earlier. The Import value from SACU weakened by 12.1 percent from N$3.6 billion during the previous month. Similarly, it fell by 7.8 percent from N$3.5 billion a year ago.

The EU was the second largest import market for Namibia in January 2014. It accounted for 11.0 percent of total import expenditure, up from 7.5 percent a month ago, and up from 8.0 percent a year earlier. Overall, import expenditure to the EU declined by 13.1 percent to N$571 million from N$657 million a month ago, but rose by 38.0 percent from N$414 million a year earlier.

BRIC occupied the third position as Namibia’s source of imports. The overall import value from BRIC grew by 67.3 percent to N$250 million from N$150 million a month ago and by 1.3 percent from N$247 million a year earlier. It ac-counted for 4.8 percent of total import expenditure, up from 1.7 percent a month ago, and remained constant at 4.8 percent on a yearly basis. Expenditure on imports from EFTA declined by 92.8 percent to N$245 million to N$3.4 billion a month earlier as shown by Chart 7 on account of a drop in ore imports from Switzerland.

Chart 6 Export by economic regions

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SACU NON  SACU-­‐SADC EFTA EU COMESA BRIC Other

14-­‐Jan 13-­‐Dec 13-­‐Jan

 

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Chart 7 Import by economic blocs

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SACU EU BRIC EFTA COMESA Non  SACU-­‐SADC Other

Jan-­‐14 Dec-­‐13 Jan-­‐13

 

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4. Trade by mode of transport4.1 Exports

Sea transport accounted for 48.5 percent of total exports in January 2014, an increase from 43.2 percent one month earlier and from 47.0 percent recorded in the same month of the preceding year.

Road transport accounted for 46.5 percent of Namibia’s total exports, down from 50.6 percent in the previous month but up from 31.0 percent in the same month in 2013.

Air transport accounted for 4.8 percent of total exports in the period under review, a decline from 5.9 percent in the previous month and from 21.8 percent when compared with the same month in 2013.

Chart 8 Exports by mode of transport

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Sea Road Air

Jan-­‐14 Dec-­‐13 Jan-­‐13

 

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3.4 Imports

Road transport accounted for 68.4 percent of total imports in January 2014, up from 39.0 percent a month earlier and up from 63.3 percent when compared to the corresponding month in 2013.

Sea transport took second place with 27.4 percent of total imports in the period under review, down from 59.0 percent in the previous month and from 28.9 percent in the same month of the preceding year.

Air transport accounted for 3.5 percent of total imports, up from 1.7 percent in the previous month and down from 7.1 percent in the corresponding period of 2013. Rail transport accounted for 0.6 percent of total imports during the month under review, up from 0.3 percent a month earlier and down from 0.7 percent in the preceding year.

Chart 9 Import by mode of transport

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Road Sea Air

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5. ConclusionIn January 2014, Namibia’s trade balance recorded a deficit amounting to N$1.3 billion. This shows a substantial im-provement compared to the deficit of N$5.5 billion a month ago but an increase from N$900 million in the same month of the preceding year. The deficit can be attributed to a drop in diamond exports and an increase in mineral fuels.

During the period under review, Namibia’s key export markets in terms of importance were South Africa, Switzerland, Angola, Canada and the EPZ. Namibia’s imports were mainly sourced from South Africa, the EPZ, Germany, Switzerland and the USA.

Major exported commodities included ores, fish, precious stones (diamonds), zinc and electrical machinery. Major imports comprised of mineral fuel and oils; boilers; copper; vehicles and precious stones.

In terms of economic blocs, Namibia’s exports were mostly destined to SACU, Non SACU-SADC, EFTA, the EU and COMESA. Imports were mainly sourced from the same economic regions with SACU topping the list followed by the EU, BRIC, EFTA and COMESA.

Namibia mostly exported her commodities by sea, road and air respectively, while imported commodities were trans-ported by road, sea and air.

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6. ListofTermsandDefinitionsExport Processing Zone (EPZ): An Export Processing Zone (EPZ) is a Customs area where one is allowed to import ma-chinery, equipment and material for the manufacture of export goods under security, without payment of duty. The imported goods are subject to customs control at importation, through the manufacturing process, to the time of sale/export, or duty payment for home consumption.

Trade Balance: The commercial balance or net exports (sometimes symbolized as NX), is the difference between the monetary value of exports and imports of output in an economy over a certain period.

TradeDeficit: Is an economic measure of a negative trade balance in which a country’s imports exceeds its exports.

Trade Surplus: Is an economic measure of a positive trade balance in which a country’s exports exceeds its imports.

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6. Appendix6.1 Trade by fob value

6.2 Mainexportdestination

6.3 Main source of imports

2014 2013EX  (N$  m) Share IM  (N$  m) Share EX  (N$  m) Share IM  (N$  m) Share

January 3,852                                                 100         4,820                                                 100         4,297                                                 56.5                                                       4,869                                                 37.0                                              December -­‐                                                           -­‐           -­‐                                                           -­‐           3,308                                                 43.5                                                       8,296                                                 63.0                                              Total 3,852                                                 100         4,820                                                 100         7,605                                                 100.0                                                 13,164                                             100.0                                          

Month

 

Value  (N$  m) Share Value  (N$  m) Share Value  (N$  m) Share Monthly AnnuallySouth  Africa 839                                     21.8         526                                     15.9         662                                     15.4                     59.6 26.8Switzerland 640                                     16.6         388                                     11.7         439                                     10.2                     64.8 45.8Angola 363                                     9.4             444                                     13.4         290                                     6.8                         -­‐18.2 25.2Canada 348                                     9.0             49                                         1.5             418                                     9.7                         610.9 -­‐16.7Export  Processing  Zone 312                                     8.1             140                                     4.2             181                                     4.2                         123.5 72.5Spain 208                                     5.4             183                                     5.5             162                                     3.8                         13.5 28.0Zambia 180                                     4.7             94                                         2.8             56                                         1.3                         91.7 221.8Singapore 162                                     4.2             13                                         0.4             0                                               0.0                         1,180.3 278,483.6Italy 128                                     3.3             47                                         1.4             38                                         0.9                         170.1 239.9China 107                                     2.8             11                                         0.3             24                                         0.6                         864.0 337.2Other  countries 564                                     14.6         1,413                             42.7         2,027                             47.2                     -­‐60.1 -­‐72.2Total 3,852                             100.0   3,308                             100.0   4,297                             100.0               16.4 -­‐10.4

Partner Jan-­‐14 Dec-­‐13 Jan-­‐13 Percentage  change

 

Value  (N$  m) Share Value  (N$  m) Share Value  (N$  m) Share Monthly AnnuallyOres 748                                     19.4           834                                     25.2         831                                     19.3         -­‐10.3 -­‐9.9Fish 632                                     16.4           524                                     15.8         704                                     16.4         20.7 -­‐10.2Precious  stones  (diamonds) 475                                     12.3           308                                     9.3             1,091                             25.4         54.2 -­‐56.5Zinc  and  articles  thereof 418                                     10.8           23                                         0.7             428                                     10.0         1,732.4 -­‐2.4Electrical  machinery  and  equipment 309                                     8.0                 33                                         1.0             21                                         0.5             827.4 1,373.9Vehicles 245                                     6.4                 231                                     7.0             182                                     4.2             5.9 34.3Boilers,  machinery  and  mechanical  appliances 181                                     4.7                 95                                         2.9             82                                         1.9             90.3 120.1Copper  and  articles  thereof 165                                     4.3                 79                                         2.4             217                                     5.0             108.3 -­‐24.0Beverages,  Spirits  and  Vinegar 132                                     3.4                 204                                     6.2             174                                     4.1             -­‐35.1 -­‐24.0Meat 46                                         1.2                 67                                         2.0             109                                     2.5             -­‐31.6 -­‐57.8Other  commodities 499                                     13.0           908                                     27.5         457                                     10.6         -­‐45.0 9.2Total 3,852                             100.0       3,308                             100.0   4,297                             100.0   16.4 -­‐10.4

Jan-­‐14 Dec-­‐13 Jan-­‐13HS  AND  COMMODITY  DESCRIPTIONS Percentage  change

 

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MONTHLY TRADE STATISTICS BULLETIN JANUARY 2014 19

6.4 Top ten exports

6.5 Top ten re-exports

6.6 Top ten imports

Value  (N$  m) Share Value  (N$  m) Share Value  (N$  m) Share Monthly AnnuallyOres 748                                     19.4           834                                     25.2         831                                     19.3         -­‐10.3 -­‐9.9Fish 632                                     16.4           524                                     15.8         704                                     16.4         20.7 -­‐10.2Precious  stones  (diamonds) 475                                     12.3           308                                     9.3             1,091                             25.4         54.2 -­‐56.5Zinc  and  articles  thereof 418                                     10.8           23                                         0.7             428                                     10.0         1,732.4 -­‐2.4Electrical  machinery  and  equipment 309                                     8.0                 33                                         1.0             21                                         0.5             827.4 1,373.9Vehicles 245                                     6.4                 231                                     7.0             182                                     4.2             5.9 34.3Boilers,  machinery  and  mechanical  appliances 181                                     4.7                 95                                         2.9             82                                         1.9             90.3 120.1Copper  and  articles  thereof 165                                     4.3                 79                                         2.4             217                                     5.0             108.3 -­‐24.0Beverages,  Spirits  and  Vinegar 132                                     3.4                 204                                     6.2             174                                     4.1             -­‐35.1 -­‐24.0Meat 46                                         1.2                 67                                         2.0             109                                     2.5             -­‐31.6 -­‐57.8Other  commodities 499                                     13.0           908                                     27.5         457                                     10.6         -­‐45.0 9.2Total 3,852                             100.0       3,308                             100.0   4,297                             100.0   16.4 -­‐10.4

Jan-­‐14 Dec-­‐13 Jan-­‐13HS  AND  COMMODITY  DESCRIPTIONS Percentage  change

 

Value  (N$  m) Share Value  (N$  m) Share Value  (N$  m) Share Monthly AnnuallyVehicles 38.29                             49.6         40.46                             41.1         45.95                             38.9         -­‐5.4 -­‐16.7Boilers  and  machinery 29.56                             38.3         33.93                             34.4         53.24                             45.0         -­‐12.9 -­‐44.5Electrical  machinery  and  equipment 4.56                                   5.9             12.07                             12.2         8.03                                   6.8             -­‐62.3 -­‐43.3Aircraft,  spacecraft  and  parts  thereof 2.70                                   3.5             7.10                                   7.2             3.24                                   2.7             -­‐61.9 -­‐16.6Optical,  medical  and  surgical  instruments 1.25                                   1.6             2.22                                   2.3             2.31                                   2.0             -­‐43.7 -­‐45.9Arms  and  ammunition 0.33                                   0.4             0.81                                   0.8             0.58                                   0.5             -­‐58.8 -­‐42.8Articles  of  iron  or  steel 0.09                                   0.1             0.41                                   0.4             0.52                                   0.4             -­‐78.9 -­‐83.4Railway  or  tramway  locomotives 0.08                                   0.1             0.15                                   0.2             1.12                                   0.9             -­‐45.4 -­‐92.7Ships,  Boats  and  Floating  Structures 0.08                                   0.1             0.02                                   0.0             0.70                                   0.6             241.5 -­‐88.5Clocks  and  Watches  and  parts  thereof 0.06                                   0.1             0.06                                   0.1             0.06                                   0.1             13.3 1.0Other  commodities 0.16                                   0.2             1.30                                   1.3             2.50                                   2.1             -­‐87.5 -­‐93.5Total 77.17                             100.0   98.54                             100.0   118.26                         100.0   -­‐21.7 -­‐34.7

HS  AND  COMMODITY  DESCRIPTIONS Jan-­‐14 Dec-­‐13 Jan-­‐13 Percentage  change

 

Value  (N$  m) Share Value  (N$  m) Share Value  (N$  m) Share Monthly AnnuallyMineral  fuels  and  oils 794                                     15.3           240                                     2.7             156                                     3.0             230.5 409.0Boilers  and  machinery 519                                     10.0           383                                     4.3             552                                     10.7         35.4 -­‐5.9Copper  and  articles  thereof 511                                     9.8                 174                                     2.0             147                                     2.8             193.2 248.2Vehicles 463                                     8.9                 637                                     7.2             669                                     13.0         -­‐27.4 -­‐30.8Precious  stones  (Diamond) 393                                     7.6                 133                                     1.5             348                                     6.8             195.0 13.0Articles  of  iron  or  steel 197                                     3.8                 138                                     1.6             260                                     5.0             43.6 -­‐24.0Electrical  machinery  and  equipment 176                                     3.4                 271                                     3.1             470                                     9.1             -­‐34.9 -­‐62.5Pharmaceutical  products 120                                     2.3                 104                                     1.2             108                                     2.1             14.9 11.0Beverages,  Spirits  and  Vinegar 110                                     2.1                 160                                     1.8             140                                     2.7             -­‐31.0 -­‐21.4Inorganic  chemicals 97                                         1.9                 81                                         0.9             77                                         1.5             19.8 26.0Other  commodities 1,817                             35.0           6,490                             73.7         2,227                             43.2         -­‐72.0 -­‐18.4Total 5,197                             100.0       8,811                             100.0   5,153                             100.0   -­‐41.0 0.9

Jan-­‐14 Dec-­‐13 Jan-­‐13HS  AND  COMMODITY  DESCRIPTIONSPercentage  change

 

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MONTHLY TRADE STATISTICS BULLETIN JANUARY 201420

6.7 Export products to key markets

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share85:Electrical  machinery  and  equipment   288                                     34.3         3                                               0.5             4                                               0.7            71:Precious  stones  (diamond) 99                                           11.8         50                                           9.5             100                                     18.5        03:Fish   80                                           9.6             69                                           13.1         66                                           12.3        84:Boilers,  machinery  and  mechanical  appliances 77                                           9.2             64                                           12.2         39                                           7.1            22:Beverages,  spirits  and  vinegar 68                                           8.1             110                                     21.0         122                                     22.7        Other  products 228                                     27.1         230                                     43.7         208                                     38.6        Total 839                                     100.0   526                                     100.0   539                                     100.0  

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share26:Ores,  slag  and  ash 298                                     46.6         303                                     78.0         48                                           49.6        79:Zinc  and  articles  thereof 185                                     28.9         -­‐                                       -­‐             -­‐                                       -­‐            74:Copper  and  articles  thereof 155                                     24.3         78                                           20.1         49                                           50.2        28:Inorganic  chemicals 1                                               0.2             2                                               0.6             0                                               0.0            03:Fish   0                                               0.0             -­‐                                       -­‐             0                                               0.1            Other  products 0                                               0.0             5                                               1.3             0                                               0.0            Total 640                                     100.0   388                                     100.0   97                                           100.0  

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share87:Vehicles   171                                     47.2         158                                     35.6         76                                           28.0        84:Boilers,  machinery  and  mechanical  appliances 24                                           6.6             27                                           6.0             13                                           5.0            94:Furniture  and  beddings 22                                           6.0             49                                           11.0         17                                           6.4            85:Electrical  machinery  and  equipment   18                                           4.9             29                                           6.5             11                                           4.2            03:Fish   15                                           4.1             15                                           3.4             37                                           13.7        Other  products 114                                     31.3         166                                     37.5         116                                     42.8        Total 363                                     100.0   444                                     100.0   270                                     100.0  

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share26:Ores,  slag  and  ash 348                                     99.9         49                                           99.3         74                                           99.8        97:Works  of  art,  collectors'  pieces  and  antiques   0                                               0.1             0                                               0.4             0                                               0.0            99:Used  personal  effects 0                                               0.0             -­‐                                       -­‐             -­‐                                       -­‐            33:Essential  oils  and  resinoid 0                                               0.0             -­‐                                       -­‐             -­‐                                       -­‐            61:Articles  of  apparel  and  clothing  accessories 0                                               0.0             -­‐                                       -­‐             -­‐                                       -­‐            Other  products 0                                               0.0             0                                               0.3             0                                               0.1            Total 348                                     100.0   49                                           100.0   74                                           100.0  

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share71:  Precious  stones  (diamond) 312                                     100.0   140                                     100.0   82                                           100.0  Total 312                                     100.0   140                                     100.0   82                                           100.0  

HS  and  commodity  descriptionsSouth  Africa

Jan-­‐14 Dec-­‐13 Jan-­‐13

HS  and  commodity  descriptionsSwitzerland

Jan-­‐14 Dec-­‐13 Jan-­‐13

HS  and  commodity  descriptionsAngola

Jan-­‐14 Dec-­‐13 Jan-­‐13

HS  and  commodity  descriptionsCanada

Jan-­‐14 Dec-­‐13 Jan-­‐13

HS  and  commodity  descriptionsExport  Processing  Zone  (EPZ)

Jan-­‐14 Dec-­‐13 Jan-­‐13

 

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6.8 Import products from key markets

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share87:Vehicles   626                                     20.0         563                                     15.8         411                                     15.4        84:Boilers,  machinery  and  mechanical  appliances 325                                     10.4         248                                     7.0             296                                     11.1        85:Electrical  machinery  and  equipment   208                                     6.6             203                                     5.7             130                                     4.9            73:Articles  of  iron  or  steel 147                                     4.7             120                                     3.4             120                                     4.5            22:Beverages,  spirits  and  vinegar 124                                     4.0             142                                     4.0             89                                           3.3            Other  products 1,705                               54.4         2,290                               64.2         1,620                               60.8        Total 3,136                               100.0   3,565                               100.0   2,666                               100.0  

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share71:  Precious  stones  (diamond) 341                                     99.5         119                                     97.6         50                                           96.9        87:Vehicles   2                                               0.5             3                                               2.3             2                                               3.1            Other  products -­‐                                       -­‐             0                                               0.1             -­‐                                       -­‐            Total 343                                     100.0   121                                     100.0   52                                           100.0  

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share85:Electrical  machinery  and  equipment   144                                     56.0         12                                           13.8         7                                               11.3        84:Boilers,  machinery  and  mechanical  appliances 33                                           12.8         11                                           12.6         20                                           31.8        10:Cereals 32                                           12.5         0                                               0.0             -­‐                                       -­‐            28:Inorganic  chemicals 16                                           6.1             17                                           19.2         0                                               0.3            73:Articles  of  iron  or  steel 5                                               1.8             1                                               1.0             3                                               4.2            Other  products 28                                           10.9         48                                           53.4         33                                           52.3        Total 258                                     100.0   89                                           100.0   63                                           100.0  

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share26:Ores,  slag  and  ash 172                                     70.4         3,376                               99.0         -­‐                                       -­‐            27:Mineral  fuels  and  mineral  oils   35                                           14.1         27                                           0.8             41                                           44.6        25:Salt,  sulphur;  earths  and  stone 33                                           13.6         -­‐                                       -­‐             33                                           36.8        02:Meat 2                                               0.8             0                                               0.0             -­‐                                       -­‐            85:Electrical  machinery  and  equipment   1                                               0.6             1                                               0.0             0                                               0.0            Other  products 1                                               0.5             5                                               0.1             17                                           18.6        Total 245                                     100.0   3,409                               100.0   91                                           100.0  

HS  and  commodity  descriptionsGermany

Jan-­‐14 Dec-­‐13 Jan-­‐13

HS  and  commodity  descriptionsSwitzerland

Jan-­‐14 Dec-­‐13 Jan-­‐13

HS  and  commodity  descriptionsSouth  Africa

Jan-­‐14 Dec-­‐13 Jan-­‐13

HS  and  commodity  descriptionsExport  Processing  Zone  (EPZ)

Jan-­‐14 Dec-­‐13 Jan-­‐13

 

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share84:Boilers,  machinery  and  mechanical  appliances 96                                           59.5         43                                           58.7         2                                               20.6        39:Plastics  and  articles  thereof   41                                           25.4         19                                           25.7         0                                               0.8            85:Electrical  machinery  and  equipment   10                                           6.4             1                                               0.9             1                                               12.1        87:Vehicles   6                                               3.9             3                                               3.4             2                                               21.4        90:Optical,  photographic  and  cinematographic 1                                               0.9             1                                               1.8             0                                               2.0            Other  products 6                                               3.9             7                                               9.5             5                                               43.1        Total 162                                     100.0   74                                           100.0   11                                           100.0  

HS  and  commodity  descriptionsUnited  States  of  America

Jan-­‐14 Dec-­‐13 Jan-­‐13

 

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6.9 Tradebyoffice

Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share Value  (N$m) Share Value  (N$m) ShareWalvis  Bay 1,414.15                   36.7 1,160.75                   22.5 1,356.27                   41.0 863.15                         9.8 1,386.00                 42.8 829.88                         23.3Ariamsvlei 483.70                         12.6 1,033.30                   20.1 185.01                         5.6 976.23                         11.1 160.07                         4.9 655.41                         18.4Lüderitz 459.51                         11.9 139.19                         2.7 81.04                               2.5 255.03                         2.9 168.33                         5.2 173.81                         4.9Windhoek  Regional  Warehouse  Office 360.73                         9.4 341.15                         6.6 257.96                         7.8 120.17                         1.4 -­‐                                       0.0 -­‐                                       0.0Oshikango 342.80                         8.9 5.06                                   0.1 409.37                         12.4 7.44                                   0.1 211.85                         6.5 5.31                                   0.1Trans  Kalahari 258.33                         6.7 1,174.43                   22.8 434.42                         13.1 1,201.45                   13.6 230.25                         7.1 860.62                         24.2Wenela 184.28                         4.8 9.39                                   0.2 109.34                         3.3 14.48                               0.2 55.76                             1.7 15.70                               0.4Noordoewer 155.73                         4.0 485.19                         9.4 333.51                         10.1 541.25                         6.1 108.61                         3.4 403.06                         11.3Chief  Hosea  Kutako  Intl  Airport 136.21                         3.5 183.70                         3.6 75.70                               2.3 148.63                         1.7 85.53                             2.6 81.42                               2.3Katima  Mulilo 16.95                               0.4 0.12                                   0.0 19.58                               0.6 0.02                                   0.0 7.10                                   0.2 0.69                                   0.0Ngoma 12.44                               0.3 25.37                               0.5 10.40                               0.3 35.01                               0.4 5.13                                   0.2 11.04                               0.3Omahenene 10.23                               0.3 0.03                                   0.0 6.20                                   0.2 0.01                                   0.0 7.84                                   0.2 0.00                                   0.0Oranjemund 8.99                                   0.2 63.45                               1.2 1.80                                   0.1 45.58                               0.5 3.34                                   0.1 47.85                               1.3Katwitwi 5.20                                   0.1 0.11                                   0.0 18.14                               0.5 0.46                                   0.0 10.55                             0.3 0.00                                   0.0Rundu 0.92                                   0.0 0.22                                   0.0 4.11                                   0.1 0.16                                   0.0 0.96                                   0.0 1.49                                   0.0Ruacana 0.59                                   0.0 -­‐                                       0.0 3.44                                   0.1 -­‐                                       0.0 5.65                                   0.2 -­‐                                       0.0Mohembo 0.52                                   0.0 7.08                                   0.1 1.24                                   0.0 10.26                               0.1 1.05                                   0.0 8.75                                   0.2Tsumeb 0.17                                   0.0 268.99                         5.2 -­‐                                       0.0 4,273.16                   48.5 0.31                                   0.0 2.36                                   0.1Swakopmund 0.06                                   0.0 0.97                                   0.0 0.03                                   0.0 0.08                                   0.0 0.01                                   0.0 2.57                                   0.1Windhoek  Regional  Office 0.05                                   0.0 37.46                               0.7 0.08                                   0.0 24.54                               0.3 81.94                             2.5 104.89                         2.9Oshakati 0.02                                   0.0 25.70                               0.5 0.01                                   0.0 30.46                               0.3 -­‐                                       0.0 4.51                                   0.1Keetmanshoop 0.01                                   0.0 5.99                                   0.1 -­‐                                       0.0 3.23                                   0.0 -­‐                                       0.0 2.16                                   0.1F.  P.  du  Toit -­‐                                       0.0 161.44                         3.1 -­‐                                       0.0 230.65                         2.6 -­‐                                       0.0 129.74                         3.6Windhoek  Regional  Excise  Office -­‐                                       0.0 22.86                               0.4 -­‐                                       0.0 27.56                               0.3 0.26                                   0.0 23.48                               0.7Impalila  Island -­‐                                       0.0 0.47                                   0.0 -­‐                                       0.0 1.41                                   0.0 -­‐                                       0.0 0.31                                   0.0Gobabis -­‐                                       0.0 0.42                                   0.0 -­‐                                       0.0 0.06                                   0.0 -­‐                                       0.0 0.06                                   0.0Otjiwarongo -­‐                                       0.0 0.21                                   0.0 -­‐                                       0.0 0.18                                   0.0 -­‐                                       0.0 0.40                                   0.0Klein  Manase -­‐                                       0.0 0.14                                   0.0 -­‐                                       0.0 0.14                                   0.0 0.01                                   0.0 0.15                                   0.0Ondangwa -­‐                                       0.0 0.11                                   0.0 -­‐                                       0.0 0.31                                   0.0 -­‐                                       0.0 3.47                                   0.1Eros  Airport -­‐                                       0.0 -­‐                                       0.0 -­‐                                       0.0 0.20                                   0.0 705.16                         21.8 190.15                         5.3Grootfontein -­‐                                       0.0 -­‐                                       0.0 -­‐                                       0.0 0.01                                   0.0 -­‐                                       0.0 0.54                                   0.0Total 3,851.60                   100.0 5,153.30                   100.0 3,307.66                   100.0 8,811.31                   100.0 3,235.70                 100.0 3,559.84                   100.0

Office  Jan-­‐14 Dec-­‐13 Jan-­‐13

Exports Imports Exports Imports Exports Imports

 

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NOTES

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NOTES

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