Namibia has begun trading under the African Continental Free Trade Area (AfCFTA) following the completion of its Provisional Schedules of Tariff Concessions (PSTC).
This development enables Namibian businesses to engage in trade more easily with countries such as Cameroon, Egypt, Ghana, Kenya, Rwanda, and Tunisia through preferential tariff agreements that reduce trade barriers.
In 2024, Namibia exported goods valued at US$10.3 million to AfCFTA countries, with Cameroon and Ghana as the primary buyers of salt, fish, and beef, accounting for US$7.2 million of the total. Kenya imported fresh grapes, beer, and liquor worth US$3 million from Namibia.
On the other hand, Namibia imported US$4 million in goods from AfCFTA partners, with 51% of these imports coming from Egypt.
The country's leading exports include salt, fish, beef, fresh grapes, and solar panels, while its main imports consist of calcium chloride, flowers, fabrics, sanitary pads, headlights, and chocolate.
Importantly, the implementation of AfCFTA does not impact Namibia's trade under the SADC Trade Protocol, ensuring that trade with the 13 SADC member states continues as normal.
Only non-SADC countries that have established their tariff schedules can trade with Namibia under the AfCFTA.
Published 1 day ago
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AFCFTA