{"id":15021,"date":"2022-03-16T19:55:39","date_gmt":"2022-03-16T19:55:39","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2"},"modified":"2022-03-16T20:14:21","modified_gmt":"2022-03-16T20:14:21","slug":"namibia-export-earnings-drop-by-24-2","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2","title":{"rendered":"Namibia export earnings drop by 24%"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>For the month of January 2022, Namibia\u2019s export earnings stood at N$7.6 billion, representing a decrease of 24% monthly, while the imports bill amounted to N$11.7 billion, down by 6% on a monthly basis.<\/p>\n

According to the Namibia Trade Statistics bulletin for January 2022 recently released by Namibia Statistics Agency, these trade figures resulted in a trade deficit of N$4.1 billion, compared to N$2.5 billion recorded in December 2021.<\/p>\n

The value of exports in January 2022 decreased by 24% to N$7.6 billion from its December 2021 level of N$10 billion. On the other hand, when compared to its level of N$6.2 billion recorded in January 2021, exports increased by 22%. Imports stood at N$11.7 billion, reflecting a decrease of 6% month-on-month and an increase of 24.9% on a yearly basis.<\/p>\n

Following these developments in both directions, NSA stated that Namibia\u2019s total merchandise trade (exports plus imports) with the rest of the world decreased by 14% from its December 2021 level of N$22.5 billion to N$19.3 billion recorded in January 2022. On the contrary, total trade value increased by 23.8% when compared to N$16.8 billion recorded in January 2021.<\/p>\n

\u201cNamibia\u2019s trade activities picked up for the month of January 2022, when compared to the same month of 2021. Cumulative total trade (import + export) for the month of January 2022 stood at N$19.3 billion which is an increase of 23.8% from 15.6 billion witnessed in January 2021,\u201d reads the bulletin.<\/p>\n

During the month under review, manufactured products emerged as the largest exported goods with a value of N$5.2 billion, representing 67.8% of total exports.<\/p>\n

Export of products from the manufacturing industry decreased by N$1.4 billion from N$6.6 billion recorded in December 2021. The mining and quarrying industry came in second place with exports valued at N$2.1 billion in January 2022. Export of products from this industry decreased by N$525 million from N$2.6 billion recorded in December 2021.<\/p>\n

On the demand side, the NSA added that it was mainly dominated by products from the manufacturing industry, with an import bill of N$8.5 billion in January 2022. This is a decline of N$1.3 billion from N$9.8 billion recorded in December 2021. Furthermore, the country imported goods from the mining and quarrying industry amounting to N$2.8 billion, representing an increase of N$414 million from N$2.4 billion recorded in December 2021.<\/p>\n

Furthermore, maize grain was chosen as the commodity of the month under review. During the month of January 2022, the country imported maize worth N$100 million. Over the entire period, NSA stated Namibia was a net importer of maize grain, with the import value of maize averaging about N$55.6 million a month.<\/p>\n

\u201cThe largest import value of N$100 million was reflected in the current period while the lowest value of N$19 million was recorded in June 2021. For the month under review, Namibia sourced 96% of the total maize imported from South Africa, while Zambia supplied the remaining 4%,\u201d it said.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. For the month of January 2022, Namibia\u2019s export earnings stood at N$7.6 billion, representing a decrease of 24% monthly, while the imports bill amounted to N$11.7 billion, down by 6% on a monthly basis. According to the Namibia Trade Statistics bulletin for January 2022 recently released by Namibia Statistics Agency, these trade […]<\/p>\n","protected":false},"author":84,"featured_media":15020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-15021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nNamibia export earnings drop by 24% - Namibia<\/title>\n<meta name=\"description\" content=\"For the month of January 2022, Namibia\u2019s export earnings stood at N$7.6 billion, representing a decrease of 24% monthly, ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Namibia export earnings drop by 24%\" \/>\n<meta property=\"og:description\" content=\"For the month of January 2022, Namibia\u2019s export earnings stood at N$7.6 billion, representing a decrease of 24% monthly, ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-16T19:55:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-16T20:14:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"478\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Namibia export earnings drop by 24%\",\"datePublished\":\"2022-03-16T19:55:39+00:00\",\"dateModified\":\"2022-03-16T20:14:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2\"},\"wordCount\":472,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2\",\"name\":\"Namibia export earnings drop by 24% - Namibia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg\",\"datePublished\":\"2022-03-16T19:55:39+00:00\",\"dateModified\":\"2022-03-16T20:14:21+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"For the month of January 2022, Namibia\u2019s export earnings stood at N$7.6 billion, representing a decrease of 24% monthly, ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg\",\"width\":720,\"height\":478,\"caption\":\"Namibia export earnings drop by 24%\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/namibia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Namibia export earnings drop by 24%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/\",\"name\":\"Namibia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Namibia export earnings drop by 24% - Namibia","description":"For the month of January 2022, Namibia\u2019s export earnings stood at N$7.6 billion, representing a decrease of 24% monthly, ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2","og_locale":"en_US","og_type":"article","og_title":"Namibia export earnings drop by 24%","og_description":"For the month of January 2022, Namibia\u2019s export earnings stood at N$7.6 billion, representing a decrease of 24% monthly, ...","og_url":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2","og_site_name":"Namibia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-03-16T19:55:39+00:00","article_modified_time":"2022-03-16T20:14:21+00:00","og_image":[{"width":720,"height":478,"url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Namibia export earnings drop by 24%","datePublished":"2022-03-16T19:55:39+00:00","dateModified":"2022-03-16T20:14:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2"},"wordCount":472,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg","keywords":["africa press","Africa Press-Namibia","namibia"],"articleSection":["all news","economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2","url":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2","name":"Namibia export earnings drop by 24% - Namibia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg","datePublished":"2022-03-16T19:55:39+00:00","dateModified":"2022-03-16T20:14:21+00:00","author":{"@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"For the month of January 2022, Namibia\u2019s export earnings stood at N$7.6 billion, representing a decrease of 24% monthly, ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#primaryimage","url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg","contentUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-623245068c5cd.jpg","width":720,"height":478,"caption":"Namibia export earnings drop by 24%"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-export-earnings-drop-by-24-2#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/namibia\/"},{"@type":"ListItem","position":2,"name":"Namibia export earnings drop by 24%"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/namibia\/#website","url":"https:\/\/www.africa-press.net\/namibia\/","name":"Namibia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/15021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/comments?post=15021"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/15021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media\/15020"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media?parent=15021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/categories?post=15021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/tags?post=15021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}