Refined petroleum products imports in Namibia: data, top suppliers and prices
In 2024, Namibia imported refined petroleum products worth $1.37 billion (1.49 million tonnes). That is 10% less than in 2023. Over 2017-2024 the trade grew strongly, by about 12% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.37B | 1.49M t |
| 2023 | $1.52B | 1.41M t |
| 2022 | $1.32B | 1.15M t |
| 2021 | $787.3M | 2.18M t |
| 2020 | $515.7M | 1.17M t |
| 2019 | $871.6M | 1.50M t |
| 2018 | $798.7M | 1.08M t |
| 2017 | $629.9M | 1.55M t |
Where Namibia imports refined petroleum products from
The largest suppliers were United Arab Emirates (20%), Oman (15%), Bahrain (13%). Trade is spread widely: the top three suppliers together make up only 48%. Among the main suppliers, Belgium grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| United Arab Emirates | $275.1M | 20% |
| Oman | $207.7M | 15% |
| Bahrain | $171.1M | 13% |
| India | $154.8M | 11% |
| Belgium | $65.2M | 4.8% |
| Togo | $61.1M | 4.5% |
| Singapore | $60.3M | 4.4% |
| Italy | $58.4M | 4.3% |
| South Africa | $51.2M | 3.8% |
| Netherlands | $44.8M | 3.3% |
Average import price per kg
The average declared value was about $0.91 per kg, 23% above the world average of $0.74. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Refined petroleum products exports from Namibia
Exports of refined petroleum products by Namibia reached $289.5 million in 2024 (316.8 thousand tonnes). Botswana alone took 76% of it. Among the main buyer markets, Malta grew fastest (+78% on the year before).
| Destination | Value | Share |
|---|---|---|
| Botswana | $218.8M | 76% |
| Malta | $15.4M | 5.3% |
| Zimbabwe | $10.3M | 3.6% |
| United Arab Emirates | $8.6M | 3% |
| Zambia | $7.8M | 2.7% |
| Marshall Isds | $5.7M | 2% |
| Spain | $2.9M | 1% |
| Liberia | $2.8M | 1% |
| DR Congo | $1.8M | 0.6% |
| Bahamas | $1.6M | 0.6% |
Who is behind these numbers in Namibia?
The shipment records behind Namibia refined petroleum products imports (HS 2710): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2710: Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils.
Common questions
What is the value of refined petroleum products imported by Namibia?
Namibia imported refined petroleum products worth $1.37 billion in 2024, the latest year with complete public data, about 1.49 million tonnes. That ranks it 96th of 226 countries worldwide, with 0% of world imports. The value was down 10% on 2023.
Which countries supply refined petroleum products to Namibia?
The United Arab Emirates was the largest supplier with 20% of the value ($275.1 million), followed by Oman (15%) and Bahrain (13%). The top three together account for 48%, out of 72 supplier countries in total. Bahrain grew fastest among the top ten, up 306% on the year.
What is the average import price of refined petroleum products per kg?
The average declared import value was about $0.91 per kg in 2024, 23% above the world average of $0.74 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of refined petroleum products to Namibia changed since 2017?
Imports went from $629.9 million in 2017 to $1.37 billion in 2024, an increase of 117%. The peak was 2023 at $1.52 billion. Over 8 years the average was $976.8 million a year.
Does Namibia also export refined petroleum products?
Yes. Namibia exported $289.5 million worth of this product in 2024, mainly to Botswana, Malta and Zimbabwe. On balance Namibia is a net importer of this product, by about $1.08 billion a year.
What is the HS code for refined petroleum products?
The HS code for refined petroleum products is heading 2710. In Namibia all of this trade was declared under the six-digit code 2710.00. It sits in HS chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The full list of codes and descriptions is on the HS 2710 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for Namibia. Tell us your product to see it live.
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