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Namibia is exploring several strategies to mitigate the impact of the 21% tariffs but is not in a position to disclose the details at this time. The Ministry also emphasised that the US move undermines the spirit of the African Growth and Opportunity Act (AGOA), a non-reciprocal trade arrangement intended to support developing and least developed countries (LDCs) in Africa by providing preferential access to the US market. Namibia has mainly exported diamonds under the AGOA programme.
Namibia’s Ministry of International Relations and Trade says US President Donald Trump’s 21% import tariff on Namibian goods is likely to reduce the competitiveness of Namibian beef and fish exports in the US market. This, in effect, will lead to a decrease in sales volume and demand for Namibian products due to price increases driven by the tariff.
Experts feel that the tariffs could disrupt established supply chains and negatively affect Namibia’s export earnings while also threatening the broader preferential stability for Namibian products under the Generalized System of Preferences (GSP) regime.
Namibia exported N$8.5 million worth of frozen hake fillets to the US between January and February this year. The country also earned export revenue from the US market, amounting to N$1.4 billion from uranium, N$114.5 million from diamonds, and N$22.7 million from salt during the first two months of the year. In addition, Namibia exported 976 kg of beef to the US during the first quarter of last year.
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Namibia is exploring several strategies to mitigate the impact of the 21% tariffs but is not in a position to disclose the details at this time. The Ministry also emphasized that the US move undermines the spirit of the African Growth and Opportunity Act (AGOA), a non-reciprocal trade arrangement intended to support developing and least developed countries (LDCs) in Africa by providing preferential access to the US market. Namibia has mainly exported diamonds under the AGOA programme.
