Key Market Indicators
In 2021, Namibian imports of tungsten were down 26.6% compared to 2020, reaching $4,990. This was 3% lower than the 2005 import value. Ranked 107th, Namibia was outdone by Uruguay, which had an import value of $4,990. Germany, Japan and Austria ranked second, third and fourth for tungsten imports. Since 2005, Namibia’s tungsten imports have decreased by 12% each year. In 2018, the country ranked 65th, behind Senegal’s imports of $6,280. Germany, the United States and Japan came in second, third and fourth place, respectively.