28 Apr 2016 16:50pm
WINDHOEK, 28 APR (NAMPA) Fish is Namibias biggest export commodity to Angola via the Oshikango border post, valued at nearly N.dollars 2,5 million in 2015.
The Informal Cross Border Trade Survey 2015, which was issued by the Namibia Statistics Agency (NSA) on Thursday, stated that fish was the number one exported commodity in 2015.
The Oshikango border post also recorded the largest trade surplus.
The survey was conducted over one month in September 2015.
Responding to questions from Nampa, NSA Trade Statistician Sadick Chombo said fresh fish was the most sought-after commodity in Angola through the Oshikango border.
Horse mackerel is the most popular fish, Chombo noted.
Fish represented 17.9 per cent of total informal export revenue, mainly through the Oshikango border post. The fish is bought at the Namibia Fish Consumption Promotion Trust (NFCPT) either in Ondangwa or Ongwediva for export to Angola.
Building materials ranked second, fetching about N.dollars 713 000 (5.9 per cent) of the total informal exports followed by toiletries valued at N.dollars 671 000 (5.6 per cent); vehicle parts and bicycles worth N.dollars 624 000 (5.2 per cent); as well as clothing and jewellery valued at N.dollars 610 000 (5.1 per cent).
The Oshikango border post recorded the largest trade surplus followed by Wenela (bordering with Zambia), Omahenene (bordering with Angola) and Calai (bordering with Angola) respectively. On the other hand, Ariamsvlei and Noordoewer (both bordering South Africa) recorded deficits.
According to the report, during the period under review, informal exports amounted close to N.dollars 12 million.
Overall informal merchandise trade - imports plus exports - recorded at all surveyed border posts amounted to nearly N.dollars 13.4 million in September 2015.
This is seven percent higher than N.dollars 12.5 million recorded in 2014.
Meanwhile, alcoholic beverages and tobacco were the leading informal import commodity to Namibia in 2015 as it accounted for N.dollars 294 000, a share of 19 per cent of the total imports bill.
Vegetables ranked second followed by maize and mahangu meal; clothing and jewellery; fish, non-alcoholic beverages; rice and pasta; electronics and electrical appliances.
Together these items accounted for N.dollars 396 000 representing 28.6 percent of the overall expenditure on informal imports.
According to the figures released in the survey, N.dollars 757.8 million was recorded for formal exports and N.dollars 11.9 million for informal exports. Overall, a total of N.dollars 2.6 billion was registered for formal imports and N.dollars 1.3 million amounted for informal imports.
The 2015 informal cross border trade survey (ICBTS) is the second survey following the first such survey conducted in 2014.
The aim of the survey is to record goods entering or leaving the country but not recorded by customs officers, in order to supplement data from customs, thus enhancing compilation of trade merchandise statistics.