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Namibia Truck Industry Outlook 2022 - 2026

See how Namibia Truck performed compared to key markets such as Mexico, the United States and Germany.

Key Market Indicators

The country was number 48 in 2021, with Bahrain coming in at number 47 with $225,690,000. The United States, Germany and France respectively came in numbers 2, 3 and 4 in this ranking. Namibian truck exports are projected to reach $26.6 million by 2026, down 0.5% annually from 2021's $27 million. This marks an 11.7% increase since 2005. In 2021, Namibia ranked 53rd worldwide; Bahrain overtook it with $27 million. The United States, Germany and France occupied the top three spots in the ranking. Meanwhile, Namibian truck imports are expected to hit $242.6 million by 2026, increasing by 1% each year. Since 2005, however, demand has decreased by 2.1%. Namibia was 48th in 2021, just behind Bahrain with $225.7 million. The United States, Germany and France took the top three places.

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Namibia Truck Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends