Key Market Indicators
Namibia's export of computer hardware is projected to grow to approximately $803,000 by 2028, up from around $763,000 in 2023. This represents an average annual growth rate of 0.8%. Since 2005, the country's supply has seen a year-on-year increase of 1.1%. On the import side, Namibia's computer hardware imports are expected to climb to about $9.1 million by 2028, rising from $8.3 million in 2023. This growth is forecasted at a compound annual growth rate (CAGR) of 1.3%. Over the past 18 years, Namibian demand for computer hardware has grown at an average rate of 1.9% annually.