Petroleum imports led the pack in April
Namibia spent more money on importing petroleum oils than on any other product in April. Petroleum oils, which include fuels such as diesel and petrol, made up 18.1% of all goods imported into the country during the month of April. This is according to the latest bulletin on international merchandise trade statistics released by the […] The post Petroleum imports led the pack in April appeared first on The Namibian .
Namibia spent more money on importing petroleum oils than on any other product in April.
Petroleum oils, which include fuels such as diesel and petrol, made up 18.1% of all goods imported into the country during the month of April. This is according to the latest bulletin on international merchandise trade statistics released by the Namibia Statistics Agency (NSA).
Namibia bought goods worth N$14.2 billion from other countries in the month under review, but only sold goods worth N$9.8 billion to the rest of the world.
As a result, the country spent N$4.4 billion more on imports than it earned from exports.
NSA statistician general and chief executive Alex Shimuafeni says petroleum oils were mainly imported from Nigeria, Oman and Sweden.
