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Trade and economic cooperation between Ukraine and Namibia
16 October 2020 00:00

Trade and economic cooperation

According to the information of the State Statistics Service of Ukraine, in 2017 trade turnover in goods between Ukraine and Namibia made 300 thousand USD, increasing 2,2-fold in comparison with 2016. Export of commodities from Ukraine to Namibia made 195 thousand USD increasing 3,4-fold, and import of goods from Namibia to Ukraine made 105 thousand USD increasing by 38,2%. Bilateral trade balance was positive for Ukraine and amounted 90 thousand USD.

In 2018 trade turnover in goods between Ukraine and Namibia made 451 thousand USD, increasing by 50% in comparison with 2017. Export of commodities from Ukraine to Namibia made 344 thousand USD increasing by 76% and import of goods from Namibia to Ukraine made 107 thousand USD increasing by 1,8%.

During the period of January-May of 2019 trade turnover in goods between Ukraine and Namibia made 249 thousand USD, increasing 2,8-fold in comparison with the same period of 2018. Export of commodities from Ukraine to Mauritius made 162 thousand USD and import of goods from Namibia to Ukraine made 87 thousand USD. Bilateral trade balance was positive for Ukraine and amounted 74 thousand USD.

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