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Namibia’s trade deficit widens to N$3.9bn, exports plummet by 48.9% in February
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Namibia’s trade deficit widens to N$3.9bn, exports plummet by 48.9% in February

Namibia’s trade deficit widened significantly to N$3.9 billion in February 2024 compared to January 2024 and February 2023 figures which stood at N$1.8 billion and N$452 million respectively, official data shows. The country’s export earnings plunged 48.9% from N$12 billion recorded in January 2024 to N$6.1 billion, while imports saw a decrease of 27% during...