Home Southern Africa Fruits, nuts annual export from Namibia surged to N $1.4 billion in...

Fruits, nuts annual export from Namibia surged to N $1.4 billion in 2022

36

 (3 minutes read)

 

Namibia exported fruits and nuts worth over N $1.4 billion between November 2021 and November 2022 – a good figure compared to imports shy of N$400 million in the previous year. The export data, although dominated by grape exports, shows Namibia has a good market in Europe, especially in the United Kingdom, Germany, and The Netherlands.

Namibia exported fruits and nuts worth over N$1,4 billion between November 2021 and November 2022 – a good figure compared to imports shy of N$400 million in the previous year. The export data, although dominated by grape exports, shows Namibia has a good market in Europe, especially in the United Kingdom, Germany, and The Netherlands.

The highest export value, N$531.1 million, was recorded in December 2021 and the lowest value, N$5.8 million, was recorded in June 2022. In November 2022 alone, fruit and nut exports totaled N$371.8 million, with N$131.2 million going to the Netherlands and N$105.8 million going to the United Kingdom. However, the country also imported fruits and nuts worth N$35 million, primarily from South Africa, contributing to a compounded trade deficit of N$1.5 billion for the period.

Grapes and dates are considered the gold of the southern part of Namibia. The agriculture ministry spokesperson, Jona Musheko, said the billion-dollar export is a good sign that the fruits and vegetables subsector is growing and changing the status quo of Namibia as being a net importer.

Read Also

https://trendsnafrica.com/namibia-exported-close-to-one-million-kilograms-of-cobalt-in-2021-22/

https://trendsnafrica.com/botswana-and-namibia’s-ban-on-south-african-farm-products-hit-exports/

https://trendsnafrica.com/germany-seeks-new-energy-sources-in-namibia-and-south-africa/

 

The Namibia Statistics Agency (NSA) states that trade activity in Namibia continued to increase during this period when compared to the same period in 2021, with cumulative exports from January to November 2022 standing at N$87 billion, representing a 46.1% increase from the N$59.6 billion recorded during the same period in 2021.

The demand side saw South Africa maintaining its first position as the country’s largest source of imports, accounting for 45,6% of total imports into Namibia, followed by China in the second position with 9,2% of the market share. India, Italy, and the United States also formed part of Namibia’s top five import markets.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments