Trans-shipment performed well in 2013: NSA

06 Feb 2014 16:20pm
WINDHOEK, 06 FEB (NAMPA) – Trans-shipment by sea is one of the best-performing transport sub-sectors, and reached a monthly average index of 188 during 2013.
The Namibia Statistics Agency (NSA)'s ‘Sectoral Report’ issued on Wednesday indicates that this accomplishment is mainly supported by an excellent performance in the month of January.
Trans-shipments contributed 20 per cent to the total volume of cargo moved at Namibia's two ports – the Port of Walvis Bay and Port of Lüderitz.
Export via sea (sea-shipped) also showed strong growth, compared to the base month of January 2008, and achieved an average monthly index of 121 for 2013.
At the other end of the scale, rail cargo closed the year with a monthly average of 73, hence below its performance in January 2008.
Import via sea (sea-landed) and road cargo performed slightly better than rail cargo, but the indices remain below 100 at 77 and 84 respectively, indicating that they performed below the levels of the base month January 2008.
The transport sector contributed about 1.9 per cent to the gross domestic product (GDP) over the past decade and employed 22 680 workers in 2012, accounting for 3.6 per cent of all employees.
Transport and logistics is one of the National Development Plan Four (NDP4) priority areas.
The composite transport index is based on the volume of goods forwarded by road, rail and sea, and weighted by the mode's contribution to the GDP.
The transport sector started 2013 strongly with an index of 101 in January, and performed relatively well during the second and third quarter.
However, it ended the year on a low of 51 in December and remained with a monthly average of 71 during 2013, below its performance in January 2008, which serves as the base month.