quarterly bulletin trade statistics first quarter: 2013 · 2018. 4. 29. · trade statistics fist...
TRANSCRIPT
-
Trade Statistics FIRST QUARTER | 2013 i
QUARTERLY BULLETINTrade Statistics
FIRST QUARTER: 2013
-
Trade Statistics FIRST QUARTER | 2013ii
Mission, Vision and Core Values
MISSION STATEMENT“In a coordinated manner produce and disseminate relevant, quality and timely statistics
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
Integrity
Service focus
Transparency
Accuracy
Partnership
-
Trade Statistics FIRST QUARTER | 2013 iii
Preface
Foreign trade plays an important role in a nation’s economy. Trade policies and the formulation of trade strategies are a focus of attention for planners, traders and development economists. Among economists, interest is the relationship between trade policies and trade performance, on the one hand, and on the other between trade performance outcomes and the overall economic performance.
Foreign trade statistics measures values and quantities of goods that, by moving into or out of a country, add to or subtract from the nation’s material stock of goods. Foreign trade statistics are invaluable for the formula-tion of monetary, fiscal, commercial and regional integration policies. In the Southern African Customs Union (SACU), reliable import statistics are crucial in the revenue sharing among member states.
Since Namibia’s independence, government policy has been to develop, promote and diversify the country’s exports, to expand and consolidate market shares of existing markets and to penetrate new markets. Prior to independence, trade flows between Namibia and the rest of the world were not independently recorded. Since 1991, positive developments have taken place, both in the particulars recorded and the methods of re-cording. Computerization of procedures at the Directorate of Customs and Excise (C&E) through the introduc-tion of an Automated System for Customs Data (ASYCUDA++), specialized software for capturing and process-ing of trade data has continued to enhance the timely dissemination and analysis of trade statistics through prompt transfer of captured trade data at Customs to the Namibia Statistics Agency (NSA).
DR JOHN STEYTLER STATISTICIAN GENERAL
-
Trade Statistics FIRST QUARTER | 2013 v
Contents1. INTRODUCTION 1
2. Summary of exports and imports 1
3. Trade by products 2
3.1 Exports by major products 2
3.2 Major re-exports 3
3.3 Imports by major products 4
3.4 Trade by BEC classification 4
3.5 Trade by SITC Classification 5
4. Trade by key markets 6
4.1 Exports to key markets 6
4.2 Imports from key markets 6
5. Trade by economic blocs 7
5.1 Exports 7
5.2 Imports 8
6. Trade flow by office of declaration 9
6.1 Exports 9
6.2 Imports 10
7. Conclusion 12
8. A description of Namibia’s Trade Statistics System 13
8.1 Sources of trade data 13
8.2 Data processing 13
8.3 System of recording 13
8.4 Classification systems 13
8.5 Valuation of imports and exports 13
9. Appendix 14
-
Trade Statistics FIRST QUARTER | 2013 vii
Table of tables
Table of charts
Table 1 Top Export Products for Q1 of 2013 and Q1 of 2012 3
Table 2 Top re-export Products for Q1 of 2013 and Q1 of 2012 3
Table 3 Top import products for Q1 of 2013 and Q1 of 2012 4
Table 4 Trade by BEC Classification 5
Table 5 Namibia’s trade by SITC Classification 5
Table 6 Major import partners for Q1 of 2013 and Q1 of 2012 7
Table 7 Export and Imports for Q1 of 2013 and Q1 of 2012 by month 14
Table 8 Namibia’s trade with EU contries for Q1 of 2013 and Q1 of 2012 14
Table 9 Namibia’s trade with SADC countries for Q1 of 2013 and Q1 of 2012 15
Table 10 Namibia’s trade with SADC-Non SACU countries for Q1 of 2013 and Q1 of 2012 15
Table 11 Namibia’s trade with SACU countries for Q1 of 2013 and Q1 of 2012 15
Table 12 Namibia’s exports by mode of transport 16
Table 13 Namibia’s imports by mode of transport 16
Chart 1 Namibia Trade Flow - first quarter of 2009 to first quarter of 2013 2
Chart 2 Exports by key markets for Q1 of 2013 and Q1 of 2013 6
Chart 3 Export shares by Economic Blocs for Q1 of 2013 and Q1 of 2012 8
Chart 4 Import shares by economic blocs for Q1 of 2013 and Q1 of 2012 9
Chart 5 Exports by office of declarations 10
Chart 6 Imports by office of declaration 11
-
Trade Statistics FIRST QUARTER | 20131
Introduction
Foreign trade plays an important role in a nation’s economy. Hence, trade policies and the formulation of strategies are a focus of attention for political decision makers, planners, traders and development econo-mists. Foreign trade statistics measure values and quantities of goods that, by moving into or out of a country, add to or subtract from the nation’s material stock of goods. Foreign trade statistics are invaluable for the formula-tion of monetary, fiscal and regional integration policies. Reliable import statistics are crucial in the Southern African Customs Union (SACU), since import data form the basis for the calculation of intra-SACU trade shares.
Since Namibia’s independence, government policy has been to develop, promote and diversify the country’s exports, to expand and consolidate market shares of existing markets and to penetrate new markets. Im-provements in recording trade flows and the computerization of procedures at the Directorate of Customs and Excise through the introduction of an Automated System for Customs Data (ASYCUDA++) has significantly enhanced the timely dissemination and analysis of trade statistics through prompt transfer of captured trade data at Customs to the Namibia Statistics Agency. These improvements in data capturing enable the country to determine whether progress concerning regional economic integration was made by analysing the trade flows between, for instance, SACU and SADC member countries. Furthermore, the data indicates whether we are competitive on the regional and global market with our manufactured products and can penetrate new markets with new products.
Last but not least trade flows show whether trade strategies as well as the outgoing and incoming trade mis-sions have been successful in increasing exports to and in sourcing inputs from a more diversified set of coun-tries.
This bulletin presents trade statistical information for the first quarter of 2013 as compared to the correspond-ing quarter of 2012. The data is presented by various trade categories, including; major products; country of origin and destination; and economic zones.
2. Summary of exports and imports
Namibia’s total global trade declined during the first quarter of 2010 and 2011 due to a drop in exports while an improvement was noticed during the first quarter of 2012 and 2013 resulting from an increase in exports in the two quarters. The trade deficit narrowed by NAD1.3 billion in the first quarter of 2013 from the recorded deficit of NAD5.1 billion in the same quarter of the previous year to NAD3.8 billion. The country’s total exports amounted to NAD11.3 billion in the first quarter of 2013 compared to NAD9.0 billion in the corresponding quarter of the previous year, whilst the import bill increased from NAD14.2 billion to NAD15.1 billion during the same period.
The graph below shows a sharp decline in exports during the first quarters of 2010 and 2011, followed by an increase in the first quarters of 2012 and 2013 respectively. On the other hand, imports continued to increase in all first quarters of the years from 2009 to 2013. The increase in total imports during Q1 of 2013 was due to significant imports from Botswana (Diamonds and Vehicles), Denmark (Tug and pusher crafts; Chicken; Malt), Marshal Island (Floating or submersible drilling or production platforms), Taiwan (Light oils and preparations; Tents of synthetic fibres; Photosensitive semiconductor devices) and Zambia (Cathodes and sections of cath-odes of refined copper; Cotton seeds; Maize).
-
Trade Statistics FIRST QUARTER | 2013 2
Chart 1 Namibia Trade Flow by quarter - first quarter of 2009 to first quarter of 2013
The increase in total exports during the first quarter of 2013 was as a result of an increase in exports to Bo-tswana (Diamonds), Canada (Uranium ores and concentrates), Switzerland (Cathodes and sections of cathodes of refined copper; Copper ores and concentrates; Zinc not alloyed
-
Trade Statistics FIRST QUARTER | 20133
3.2 Major re-exports
Vehicles, chapter 87 of the HS classification dominated Namibia’s re-exports in the first quarter of 2013 ac-counting for about 55.5 per cent, up from 34.7 per cent in the same quarter of 2012. Boilers, machinery and mechanical appliances; parts thereof (chapter 84) occupied the second position with a share of 27.6 per cent, down from 49.1 per cent in the same quarter of 2012. Chapter 85 (Electrical machinery and equipment and parts thereof;) was third on the re-exports list with a share of 6.8 per cent compared to 8.7 per cent in the cor-responding quarter of 2012.
Diamonds; aircrafts, arms and ammunition registered growth of 49,095.5; 2,235.7; 410.7 per cent, correspond-ingly. These changes are huge and are most likely owed to once-off deals.
Articles of chapter 90 (Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments) showed the strongest decline of 36.2 per cent, followed by Boilers, machinery and me-chanical appliances; parts thereof, which recorded a decline of 21.0 per cent while articles of iron and steel declined by 9.6 per cent.
Table 1 Top Export Products for Q1 of 2013 and Q1 of 2012
Table 2 Top re-export Products for Q1 of 2013 and Q1 of 2012
HS AND COMMODITY DESCRIPTIONS Value(M NAD) % Value(M NAD) % % change in value71: Precious stones (diamonds etc) 2,569 22.8 2,493 27.6 3.0 26: Ores 2,023 18.0 1,288 14.2 57.0 03: Fish 1,956 17.4 1,624 18.0 20.4 74: Copper and articles thereof 1,005 8.9 702 7.8 43.1 79: Zinc and articles thereof 748 6.6 490 5.4 52.7 22: Beverages, Spirits, and Vinegar 526 4.7 478 5.3 10.0 02: Meat and edible meat offal 359 3.2 319 3.5 12.5 87: Vehicles 348 3.1 274 3.0 26.9 01: Live animals 223 2.0 159 1.8 40.5 25: Salt, sulphur; earths and stone; plastering materials, lime and cement 199 1.8 185 2.0 7.7 Other products 1,311 11.6 1,033 11.4 27.0 Total 11,266 100.0 9,044 100.0 24.6
Q1 of 2013 Q1 of 2012
HS and commodity descriptions Value (NAD M) % Value (NAD M) % % change in value87: Vehicles 243,354 55.8 108,345 34.9 124.684: Boilers, machinery and mechanical appliances; parts thereof 121,169 27.8 153,454 49.5 -‐21.085: Electrical machinery and equipment and parts thereof; 29,973 6.9 27,248 8.8 10.088: Aircraft, spacecraft and parts thereof 12,867 2.9 551 0.2 2,235.790: Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments 7,870 1.8 12,335 4.0 -‐36.271: Precious stones (Diamonds etc.) 5,885 1.3 12 0.0 49,095.593: Arms and ammunition; parts and accessories thereof 3,997 0.9 783 0.3 410.786: Railway or tramway locomotives, rolling-‐stock and parts thereof; 3,635 0.8 3,740 1.2 -‐2.873: Articles of iron or steel 1,634 0.4 1,808 0.6 -‐9.682: Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,570 0.4 330 0.1 376.5Other products 4,262 1.0 1,631 0.5 161.4Total 436,217 100.0 310,236 100.0 40.6
Q1 of 2013 Q1 of 2012
-
Trade Statistics FIRST QUARTER | 2013 4
3.3 Imports by major products
Minerals (chapter 27: fuels, oils and products of their distillation), dominated the list of Namibia’s imports in the first quarter of 2013, with a share of 11.7 per cent of total imports compared to 10.5 per cent in the cor-responding quarter of 2012. Vehicles (chapter 87) followed with a share of 10.0 per cent, down from 11.9 per cent in the corresponding quarter of 2012, while 9.6 per cent of imports consisted of Boilers, machinery and mechanical appliances; parts thereof (chapter 84) constituting a decrease of 0.1 percentage points compared to the first quarter of 2012.
Copper and articles thereof (chapter 74) showed the strongest growth of 2,117.5 per cent on the import list, followed by Ships, boats and floating structures (chapter 89) at 218.5 per cent, while precious stones (chapter 71) emerged third in terms of growth, of 18.9 per cent.
3.4 Trade by BEC classification
Namibia’s trade by Broad Economic Categories (BEC) during the first quarter of 2013 was dominated by In-dustrial supplies which accounted for NAD6.9 billion in exports, up from NAD5.5 billion recorded in the cor-responding quarter of 2012.
On the other hand, imports of Industrial supplies accounted for NAD4.6 billion, down from NAD4.9 billion in the preceding year. Food and beverages were second on the list with a substantial increase in exports to NAD3.1 billion in the first quarter of 2013 from NAD2.6 billion in the same quarter of 2012. Imports of food and beverages recorded a noticeable increase to NAD1.6 (up from NAD1.5 billion in the corresponding quarter of 2012). Imports of fuels and lubricants recorded an increase to NAD1.7 billion in 2013 from NAD1.4 billion in 2012.
Table 4 below illustrates that Namibia is a net-importer of capital goods and transport equipments, but a net exporter of food and beverages.
Table 3 Top import products for Q1 of 2013 and Q1 of 2012
HS and commodity descriptions Value(M NAD) % Value(M NAD) % % change in value27: Minerals (fuels, oils and products of their distillation) 1,766 11.7 1,482 10.5 19.287: Vehicles 1,503 10.0 1,686 11.9 -‐10.984: Boilers, machinery and mechanical appliances; parts thereof 1,455 9.6 1,370 9.7 6.289: Ships, Boats and floating structures 1,131 7.5 355 2.5 218.571 :Precious stones (Diamonds etc.) 945 6.3 795 5.6 18.974: Copper and articles thereof 846 5.6 37 0.3 2,177.573: Articles of iron or steel 633 4.2 610 4.3 3.985: Electrical machinery, equipment and parts thereof 625 4.1 628 4.4 -‐0.430: Phamaceutical products 327 2.2 299 2.1 9.122: Beverages, Spirits and Vinegar 312 2.1 269 1.9 15.9Other products 5,548 36.8 6,646 46.9 -‐16.5Total 15,091 100.0 14,177 100.0 6.4
Q1 of 2013 Q1 of 2012
-
Trade Statistics FIRST QUARTER | 20135
Table 4 Trade by BEC Classification
Table 5 Namibia’s trade by SITC Classification
3.5 Trade by SITC Classification
During the first quarter of 2013, exports by Standard International Trade Classification (SITC) were dominated by manufactured goods with a contribution of NAD4.3 billion, imports of the same items accounted for NAD3.7 billion. This, however, represents a 21.1 and 39.6 per cent decrease in the export and import values. Imports were dominated by Machinery and transport equipment with a value of NAD4.8 billion.
Table 5 below illustrates that Namibia was a net-exporter of food and live animals and crude materials, ined-ible, except fuels during the period under review.
Broad Economic Categories EX (NAD m) IM (NAD m) EX (NAD m) IM (NAD m)Food and Beverages 3,136 1,568 2,579 1,475 Industrial Supplies not else where specified 6,938 4,613 5,542 4,969 Fuels and Lubricants 200 1,738 106 1,448 Capital goods (except transport equipment) 310 2,632 286 2,268 Transport equipment and parts and accessories thereof 409 2,593 314 2,325 Consumer goods not elsewhere specified 258 1,940 212 1,689 Goods not elsewhere specified 15 7 5 4 Total 11,266 15,091 9,044 14,177
Q1 of 2013 Q1 of 2012
Standard International Trade Classifications EX (NAD m) IM (NAD m) EX (NAD m) IM (NAD m)Food and live animals 2,843 1,474 2,250 1,332 Beverages and tobacco 529 431 479 372 Crude materials, inedible, except fuels 2,381 185 1,617 1,542 Mineral fuels, lubricants and related materials 156 1,752 86 1,467 Animal and vegetable oils, fats and waxes 6 69 5 77 Chemicals and related products, n.e.s. 76 1,255 104 1,372 Manufactured goods classified chiefly by material 4,379 3,659 3,617 2,622 Machinery and transport equipment 492 4,757 442 4,103 Miscellaneous manufactured articles 188 1,507 169 1,290 Commodities and transactions not classified elsewhere in the SITC 215 0 271 1 Total 11,266 15,091 9,044 14,177
Q1 of 2012Q1 of 2013
-
Trade Statistics FIRST QUARTER | 2013 6
4. Trade by key markets
4.1 Exports to key markets
Namibia’s major trading partners in terms of exports during the first quarter of 2013 were: South Africa (NAD1.9 billion), Botswana (NAD1.5 billion), Switzerland (NAD1.5 billion), Angola and Canada (NAD0.8 billion). Their shares represented 16.4 per cent, 13.4 per cent, 13.1 per cent and 6.7 per cent of total exports during 1Q13 respectively compared to 16.6 per cent, 0.9 per cent, 3.1 per cent and 9.9 per cent in 1Q12 respectively, as illustrated by the chart below.
The huge increase in exports to Botswana resulted from diamonds (NAD1.3 billion) which were not exported to Botswana during 1Q12. There was a strong increase of 556.1 per cent in exports of cathode, sections of cathodes of refined copper to Switzerland, which resulted in a strong increase of exports to that country during the first quarter of 2013 as compared to the same quarter of 2012.
4.2 Imports from key markets
The value of Namibia’s imported goods amounted to NAD15.0 billion during the first quarter of 2013 as com-pared to NAD14.1 billion recorded in the corresponding quarter of 2012. This indicates a growth of 6.4 per cent in total imports.
Namibia sourced most of the products during the first quarter of 2013 from RSA (NAD9.3 billion) which rep-resents a slight decrease from the NAD9.5 billion recorded in the corresponding quarter of 2012. Zambia (NAD0.8 billion), Denmark (NAD0.5 billion) and Botswana (NAD0.5 billion) followed in that order. The import values of these four countries represented 74.5 per cent of total imports: RSA (61.7 per cent), Zambia (5.7 per cent), Denmark (3.8 per cent) and Botswana (3.4 per cent) of total imports. China (NAD0.4 billion), EPZ (NAD0.3 billion) and Germany (NAD0.2 billion), followed the first four countries mentioned above and repre-sents 2.9, 2.2 and 0.1 per cent of total imports respectively.
Chart 2 Exports by key markets for Q1 of 2013 and Q1 of 2012
0 2 4 6 8 10 12 14 16 18
DRC
EPZ
SPAIN
FRANCE
BELGIUM
CANADA
ANGOLA
SWITZERLAND
BOTSWANA
RSA
Q1 of 2012 Q1 of 2013
-
Trade Statistics FIRST QUARTER | 20137
Table 6 Major import partners for Q1 of 2013 and Q1 of 2012
Country Value (NAD m) % Value (NAD m) % % change in valueRSA 9,314 61.7 9,500 67.0 -‐2.0ZAMBIA 855 5.7 92 0.6 829.6DENMARK 568 3.8 23 0.2 2,376.5BOTSWANA 508 3.4 62 0.4 721.0EPZ 498 3.3 314 2.2 59.0CHINA 387 2.6 411 2.9 -‐5.7TAIWAN 310 2.1 4 0.0 6,828.3GERMANY 294 1.9 183 1.3 60.8MARSHALL ISLANDS 273 1.8 -‐ -‐ 0.0NORWAY 266 1.8 16 0.1 1,558.7Other countries 1,818 12.0 3,572 25.2 -‐49.1Total 15,091 100.0 14,177 100.0 6.4
1Q20121Q2013
5. Trade by economic blocs
5.1 Exports
The Southern African Customs Union (SACU) was the largest market for Namibia’s exports, accounting for 30 per cent of the top four economic blocs in the first quarter of 2013. Within SACU, South Africa dominated while Swaziland was the least important market. The export value to SACU increased from NAD1.6 billion in the first quarter 2012 to NAD3.4 billion in 2013. This represents an increase of 110 per cent and is mainly attributed to the exports of diamonds to Botswana. The EU was the second largest market for Namibia’s exports, accounting for 24.7 per cent in 2013, down from 49.8 per cent in the same quarter of 2012. Within the EU, Belgium was the dominant while Slovenia was the least important market.
Exports to SADC-Non-SACU market amounted to NAD1.6 billion representing a share of 13.8 per cent com-pared to NAD1.2 billion and 13.5 per cent in the corresponding quarter of 2012. This represents a growth of 27.3 per cent in exports to that market. Angola was the dominant market in this bloc. Although exports to COMESA and EAC increased from NAD0.3 billion to NAD0.8 billion, these markets do not yet absorb relevant shares of Namibia’s total exports. Furthermore, there appear to be high fluctuations in exports to these two blocs as the growth of 143.5 per cent in exports to COMESA and the decline of 55.6 per cent of exports to EAC indicates.
-
Trade Statistics FIRST QUARTER | 2013 8
Chart 3 Export shares by Economic Blocs for Q1 of 2013 and Q1 of 2012
5.2 Imports
During the first quarter of 2013, Namibia imported goods to the value of NAD15.1 billion mainly from RSA. Im-ports from SACU amounted to NAD9.9 billion representing 65.3 per cent, down from 67.3 per cent in the same quarter of 2012. Imports from the EU followed with a total value of NAD1.7 billion representing 11.3 per cent, down from 9.8 per cent in the corresponding quarter of the preceding year. Within the EU, Namibia sourced the largest value of imports from Denmark.
SADC-Non-SACU, COMESA and EAC markets had the least share of Namibia’s imports. SADC-Non-SACU and COMESA both recorded NAD0.9 billion, while EAC recorded NAD0.04 billion representing 6.0 per cent and 0.2 per cent respectively.
The strongest growth in imports was recorded from EAC member states at 809.7 per cent, while 612.3 per cent was recorded by the SADC-Non-SACU market in the second place with COMESA recording a growth of 517.7 per cent.
The chart below shows a comparison of Namibia’s imports from different economic blocs during the first quar-ter of 2013 and the same quarter of 2012.
0
10
20
30
40
50
60
SADC EU SADC -‐ Non-‐SACU COMESA
Percen
tage
Q1 of 2013
Q1 of 2012
-
Trade Statistics FIRST QUARTER | 20139
Chart 4 Import market shares by economic blocs for Q1 of 2013 and Q1 of 2012
0
10
20
30
40
50
60
70
80
SACU EU SADC -‐ Non-‐SACU COMESA
Percentage
Q1 of 2013
Q1 of 2012
6. Trade flow by office of declaration
6.1 Exports
During the first quarter of 2013 41.9 per cent of the commodities exported were declared through Walvis Bay (Uranium ores and concentrates). Eros Airport followed with 13.1 per cent (Diamonds) and the Trans Kalahari border post with 7.5 per cent (Beer). The corresponding ages for the quarter in the preceding year were 37.0, 18.4 and 6.3 per cent, respectively.
Ariamsvlei, Wenela and Trans Kalahari border posts showed the strongest growth of 73.9, 60.7 and 48.2 per cent correspondingly, in exports declared. On the other hand, Hosea Kutako International Airport, Eros Airport and Oshikango showed the strongest decline of 19.2, 11.5 and 8.3 per cent respectively, in declared exports.
-
Trade Statistics FIRST QUARTER | 2013 10
Chart 5 Exports by office of declarations
6.2 Imports
In the first quarter of 2013, 29.7 per cent of the commodities imported were declared via Walvis Bay (Light oils and preparations; cathodes and sections of cathodes of refined copper), Trans Kalahari 20.1 per cent (Vehicles; other medicaments of mixed or unmixed products) and Ariamsvlei 18.5 per cent (Vehicles). The corresponding percentages for the preceding year were 23.0, 21.0 and 17.5 per cent correspondingly.
Lüderitz and Walvis Bay recorded the strongest growth of 140.7 and 37.6 per cent respectively, in imports de-clared, while Orangemund showed the strongest decline of 16.5 per cent, in imports declared.
0 5 10 15 20 25 30 35 40 45
Other offices
Wenela
Hosea Kutako Int'l Airport
Noordoewer
Lüderitz
Oshikango
Ariamsvlei
Windhoek Regional Warehouse
Trans Kalahari
Eros Airport
Walvis Bay
Percentage
Q1 of 2012 Q1 of 2013
-
Trade Statistics FIRST QUARTER | 201311
Chart 6 Imports by office of declaration
0 5 10 15 20 25 30 35
Orangemund
Other offices
F. P. du Toit
Eros Airport
Windhoek Regional Office
Hosea Kutako Int'l Airport
Lüderitz
Noordoewer
Ariamsvlei
Trans Kalahari
Walvis Bay
Percentage
Q1 of 2012 Q1 of 2013
-
Trade Statistics FIRST QUARTER | 2013 12
7. Conclusion
During the first quarter of 2013, Namibia’s total exports amounted to NAD11.3 billion compared to NAD9.0 billion in the corresponding quarter of 2012. This translates into a 24.6 per cent increase in total exports. On the other hand, imports during the first quarter of 2013 amounted to NAD15.1 billion compared to the cor-responding quarter of 2012 in which NAD14.2 billion was recorded, resulting in a 6.4 per cent increase in total imports.
The increase in total export was not sufficient to offset the trade deficit recorded during the quarter under review, but it narrowed the trade gap by 25.5 per cent to NAD3.8 billion. The deficit stood at NAD5.1 billion a year earlier. During the first quarter of 2013, key markets for Namibian exports included RSA, Botswana, Swit-zerland, Angola and Canada.
Namibia’s imports were mainly sourced from RSA, Zambia, Denmark and Botswana.
In terms of economic blocks, Namibia continued to trade mostly with the SACU, EU, and SADC Non-SACU coun-tries. Major exports included precious stones (diamonds etc.), and ores, (uranium, copper, lead etc.), while major imports included minerals (fuels and oils), vehicles, boilers, and machinery.
-
Trade Statistics FIRST QUARTER | 201313
8. A description of Namibia’s Trade Statistics System
This section briefly describes the sources of trade data; data processing; system of recording; classification systems and valuation basis.
8.1 Sources of trade data
In Namibia, the main source of trade data is the Customs and Excise (C&E) Directorate in the Ministry of Fi-nance. The C & E Directorate provides information which is basic to the compilation of foreign trade statistics that is processed and disseminated by Namibia Statistics Agency (NSA). Essentially, information is collected and captured from source documents, the import and export declarations made by traders and agents to the customs and Excise Directorate. At least 98 per cent of Customs offices and border post are connected to the ASYCUDA++ system, data capturing software used by the C&E Directorate at the Ministry of Finance. 8.2 Data processing
Data processing is done by the NSA using EUROTRACE, a microcomputer based program developed by the statistical office of the European Union (EUROSTAT).
8.3 System of recording
Two systems of recording foreign trade statistics can be distinguished based on the criteria of recording the general trade system and the special trade system. In the special trade system, imports of goods are recorded once they enter the free circulation area. In the system imports comprise goods imported direct and goods withdrawn from free trade zones and bonded warehouses and stores, for consumption. Exports include only goods leaving the free circulation area of a compiling country.
In the general trade system, imports flows come from the rest of the world or from customs transit i.e. goods redirected from customs transit to remain in the economic territory. Export flows come from the free circula-tion area, premises for inward processing or industrial zones and premises for customs warehousing or com-mercial free zones. In Namibia the general trade system is used.
8.4 Classification systems
Foreign trade statistics derived from customs declarations are based on a classification called the Harmonized Commodity Description and Coding System (HS). 8.5 Valuation of imports and exports
In trade statistics, imports are valued at Cost, Insurance and Freight (CIF) prices and exports at Free on Board (FOB) prices. The CIF price is the price of a good delivered at the frontier of the importing country. This price includes any insurance and freight charges incurred to the point, or a price for delivery service to a resident before the payment of any import duties or other taxes on imports or trade and transport margins within the country. The FOB is price of a good with no cost of transport and insurance charges, between the customs frontier of the exporting country and that of the importing country.
-
Trade Statistics FIRST QUARTER | 2013 14
9. Appendix
Table 7 Export and Imports for Q1 of 2013 and Q1 of 2012 by month
Table 8 Namibia’s trade with EU countries for Q1 of 2013 and Q1 of 2012
Period Exports (NAD m) Imports (NAD m) Exports (NAD m) Imports (NAD m)January 4,167 5,176 3,171 3,554 February 3,013 4,679 2,446 5,582 March 4,086 5,237 3,427 5,040 Total 11,266 15,091 9,044 14,177
Q1 of 2013 Q1 of 2012
Partner Exports (NAD '000) Imports (NAD '000) Exports (NAD '000) Imports (NAD '000)Austria 1,306 85,754 1,140 6,754 Belgium 690,661 59,515 991,644 123,715 Bulgaria 143 603 1,241 1,135 Cyprus 1,387 -‐ 14,568 -‐ Czech Republic 69 2,054 326 2,250 Germany 153,306 293,753 119,952 182,644 Denmark 9,569 568,072 18,476 22,939 Estonia 303 379 23 -‐ Spain 535,253 77,867 529,959 30,227 Finland 361 50,043 278 12,153 France 665,087 46,940 623,116 74,652 UK 177,282 134,217 1,543,182 700,391 Greece 5,207 295 786 74 Hungary 626 222 475 170 Ireland 24,409 12,978 49,702 2,120 Italy 277,180 37,319 371,009 50,648 Lithuania 5,826 -‐ 3,470 66 Luxemburg 28 604 -‐ 37 Latvia 272 260,907 462 8 Malta 4,665 -‐ -‐ -‐ Netherlands 44,179 42,578 25,651 97,724 Ppland 2,103 4,214 3,079 1,466 Portugal 72,117 2,979 75,794 5,238 Romania 35 14 -‐ 45 Sweden 109,426 30,279 133,670 9,881 Slovenia 13 -‐ 102 -‐ Slovakia 55 154 112 572 Total 2,780,866 1,711,740 4,508,216 1,324,909
Q1 of 2013 Q1 of 2012
-
Trade Statistics FIRST QUARTER | 201315
Table 11 Namibia’s trade with SACU countries for Q1 of 2013 and Q1 of 2012
Table 9 Namibia’s trade with SADC countries for Q1 of 2013 and Q1 of 2012
Table 10 Namibia’s trade with SADC-Non SACU countries for Q1 of 2013 and Q1 of 2012
Partner Exports (NAD '000) Imports (NAD '000) Exports (NAD '000) Imports (NAD '000)Angola 753,165 12,144 896,924 10,399 Botswana 1,507,567 508,150 83,236 61,896 DRC 359,452 153 175,169 3,390 Lesotho 3,016 3 5,131 719 Madagascar -‐ -‐ -‐ -‐ Mauritius 2,600 3,226 1,771 8,976 Malawi 3,820 313 2,500 28 Mozambique 149,034 7,875 39,694 6,354 Seychelles -‐ -‐ -‐ 626 Swaziland 2,723 36,681 6,999 24,798 Tanzania 2,029 35,316 5,255 422 RSA 1,852,856 9,314,002 1,502,246 9,500,261 Zambia 187,251 855,232 86,943 91,997 Zimbabwe 105,301 3,147 19,387 6,605 Total 4,928,813 10,776,241 2,825,254 9,716,470
Q1 of 2013 Q1 of 2012
Partner Exports (NAD '000) Imports (NAD '000) Exports (NAD '000) Imports (NAD '000)Angola 753,165 12,144 896,924 10,399 DRC 359,452 153 175,169 3,390 Mauritius 2,600 3,226 1,771 8,976 Malawi 3,820 313 2,500 28 Mozambique 149,034 7,875 39,694 6,354 Seychelles -‐ -‐ -‐ 626 Tanzania 2,029 35,316 5,255 422 Zambia 187,251 855,232 86,943 91,997 Zimbabwe 105,301 3,147 19,387 6,605 Total 1,562,652 917,406 1,227,642 128,797
Q1 of 2013 Q1 of 2012
2013 2012Partner Exports (NAD '000) Imports (NAD '000) Exports (NAD '000) Imports (NAD '000)Botswana 1,507,567 508,150 83,236 61,896 Lesotho 3,016 3 5,131 719 Swaziland 2,723 36,681 6,999 24,798 RSA 1,852,856 9,314,002 1,502,246 9,500,261 Total 3,366,161 9,858,836 1,597,612 9,587,673
-
Trade Statistics FIRST QUARTER | 2013 16
Table 12 Namibia’s exports by mode of transport
Table 13 Namibia’s imports by mode of transport
Transport mode Value (NAD m) % Value (NAD m) %Sea 5,370 47.7 4,003 44.3 Road 3,631 32.2 2,859 31.6 Air 2,238 19.9 2,164 23.9 Multimodal 26 0.2 16 0.2 Rail 1 0.0 2 0.0 Total 11,266 100 9,044 100
Q1 of 2012Q1 of 2013
Transport mode Value (NAD m) % Value (NAD m) %Road 9,635 64 8,283 58 Sea 4,298 28 4,703 33 Air 1,061 7 1,051 7 Rail 95 1 138 1 Inland waterways 1 0 1 0 Multimodal 1 0 2 0 Total 15,091 100 14,177 100
Q1 of 2013 Q1 of 2012
-
Trade Statistics FIRST QUARTER | 201317
NOTES
-
Trade Statistics FIRST QUARTER | 2013 18
NOTES
-
Trade Statistics FIRST QUARTER | 201319
NOTES
-
P.O.Box 2133FGI House, Post Street MallWindhoek, NamibiaTel: +264 61 431 3200Fax: +264 61 431 3253 | +264 61 431 3240Website: www.nsa.org.na