Foreign trade as a share of GDP reached 84.1 % in 2017 in Namibia, according to the National Statistical Office. This is 18.5 % less than in the previous year.
Historically, foreign trade as a share of GDP in Namibia reached an all time high of 127 % in 1980 and an all time low of 82.3 % in 2005. When compared to Namibia's main peers, foreign trade as a share of GDP in Angola amounted to 52.3 %, 73.8 % in Botswana, 58.2 % in South Africa and 50.0 % in Zimbabwe in 2017.
Namibia has been ranked 72nd within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 23 places behind the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.