Key Market Indicators
The country was ranked 93 in 2018, with Paraguay at $1,425,500, Germany, France and Italy respectively occupying the top three spots on the leader board. Namibia's leather goods imports are expected to drop to $1.08 million by 2026, down 4.6% from $1.42 million in 2021. Since 2005, Namibian demand has decreased 2.2% annually. The country came in 94th in 2021, with Paraguay ahead at $1.42 million. Germany, France and Italy were ranked 2nd, 3rd and 4th respectively. Namibia's leather goods exports hit $44,730 in 2018, down 31.1% from $64,910 in 2017. Since 2005, Namibian supply has declined 26.4% per year. The nation was 93rd in 2018, with Paraguay at $1.42 million and Germany, France and Italy holding the top three spots.
