Key Market Indicators
Namibia's wax exports declined sharply in recent years. In 2018, the country ranked 126th in the world, with only 35 kilograms of wax exports. This was a drastic decrease from 2005, when they exported 686.48 kilograms. Mexico, Germany and Poland ranked 2nd, 3rd and 4th respectively in the ranking, with Andorra at number one with 553.48 kilograms. Namibian wax exports increased in 2017, with a 40% jump from 25 kilograms in 2016, to 35 kilograms. Since 2006, however, the supply has dropped by 18.1%.
