India / Namibia

Overview In July 2024, India exported $2.9M and imported $2.81M from Namibia, resulting in a positive trade balance of $90.2k. Between July 2023 and July 2024 the exports of India have decreased by $-36M (-92.5%) from $38.9M to $2.9M, while imports decreased by $-20.1M (-87.8%) from $23M to $2.81M.

Trade In July 2024, the top exports of India to Namibia were Ship, Boat And Floating Struct ($9.09M), Drug Formulations, Biologicals ($1.58M), Indl. Machnry For Dairy Etc ($405k), Rice(Other Than Basmoti) ($236k), and Machine Tools ($113k). In July 2024 the top imports of India from Namibia were Iron And Steel ($3.4M), Other Commodities ($288k), Granit, Natrl Stone And Prodct ($93.4k), Pearl, Precs, Semiprecs Stones ($60.4k), and Telecom Instruments ($5.17k).

Growth In July 2024, the decrease in India's year-by-year exports to Namibia was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-840k or -34.7%), Cereal Preparations ($-212k or -95.2%), and Electronics Instruments ($-199k or -99.5%). In July 2024, the decrease in India's year-by-year imports  from Namibia was explained primarily by an decrease in product imports  in Granit, Natrl Stone And Prodct ($-959k or -91.1%).