Key Market Indicators
Namibian electrical equipment exports are expected to drop by 4% on average each year and reach $26 million by 2026. In 2021, the country ranked 97th in the world, with exports of $33 million. Andorra overtook Namibia for that spot. South Korea, the United States, and Germany were the top three exporters. Namibian electrical equipment imports are expected to grow by 1% on average each year, reaching $421 million by 2026. In 2021, the country ranked 103rd in the world, with imports of $396 million. Uganda overtook Namibia for that spot. The United States, Germany, and Singapore were the top three importers.