Namibia has N$14.5 billion value addition opportunity
Namibia has an opportunity to unlock approximately N$14.5 billion in new manufacturing and value-addition activities, according to an analysis by Simonis Storm, which says the country's widening trade deficit highlights the urgency of industrialisation efforts.
CHAMWE KAIRA
Namibia has an opportunity to unlock approximately N$14.5 billion in new manufacturing and value-addition activities, according to an analysis by Simonis Storm, which says the country’s widening trade deficit highlights the urgency of industrialisation efforts.
In a report analysing Namibia’s April 2026 trade figures alongside a recent United Nations Conference on Trade and Development (UNCTAD) assessment, Simonis Storm said the country’s N$4.4 billion trade deficit reflects longstanding structural challenges linked to the export of raw materials and the import of higher-value finished products.
The analysis draws on a UNCTAD Rapid Assessment published in February 2026 and developed in collaboration with the National Planning Commission.