Namibia Freight Transport and Shipping Report - Business Monitor International - Industry Reports

Namibia Freight Transport and Shipping Report

Namibia Freight Transport and Shipping Report - Business Monitor International - Industry Reports
Namibia Freight Transport and Shipping Report
Published Jul 02, 2016
48 pages — Published Jul 02, 2016
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Abstract:

The ---- deficit figure came on the back of a -.- drop in exports and --.- acceleration in imports according to the Namibian Statistics Agency. On the one hand our deteriorating ---- trade deficit forecast stems from lower demand for the country s exports which is dominated by commodities such as diamonds, copper, uranium and zinc. ...This regulation will boost private equity in the country, which is currently untapped, and provide better domestic access to funds. The Walvis Bay International Airport is set to be completed by February ---- and will increase trade convenience since cargo handling for marine, coastal and mining industries will benefit from this development. This will in turn improve trade and provide support for our positive outlook. ...

...The inflow is heavily reliant on investor sentiment and since the Namibian government has placed focus on infrastructure and power, there will be ample opportunity for investment in these sectors. The expansion of the Port of Walvis Bay which is under construction and set to be completed by ---- will aid trade efficiency especially since most of Namibia s exports are transported via sea. ...The expansion of the Port of Walvis Bay which is under construction and set to be completed by ---- will aid trade efficiency especially since most of Namibia s exports are transported via sea. Once again this quarter, we anticipate the air freight sector will be the outperformer in the Namibian freight mix in ---- with strong growth of -.- pencilled in, underpinned by base effects, given the very low tonnage currently being handled, and also on rising incomes. Meanwhile, road freight remains by far the largest mode in terms of total tonnage handled in Namibia, a scenario that will continue over the medium term. ...While we have incorporated the ongoing global malaise into our economic forecasts, if the situation abroad deteriorates (or conversely, improves) more than we anticipate, it would affect Namibia s overall growth. Table: Trade Overview (Namibia ---------) ---- ---- ---- ----f ----f ----f ----f ----f Imports, real growth, y-o-y --.-- --.-- --.-- --.-- -.-- -.-- --.-- --.-- Exports, real growth, y-o-y --.-- --.-- --.-- --.-- -.-- -.-- -.-- -.--

...According to our projections, in ----, Namibia s total trade will enjoy real growth of --.- . This will be driven very narrowly by imports, which we forecast will see an expansion of --.- in real terms - growth in exports will be --.- . ...Imports will continue to be greater than exports, at USD-.-bn and USD-.-bn in ---- respectively. A deteriorating trade balance will create a setback in the improvement of Namibia s current account deficit over the next two years leading up to ----. The deterioration in the trade balance will stem from lower demand for commodity exports and accelerating imports towards infrastructure development. ...

  
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Namibia Freight Transport and Shipping Report" Jul 02, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Namibia-Freight-Transport-and-Shipping-Report-2026-1933>
  
APA:
Business Monitor International - Industry Reports. (2016). Namibia Freight Transport and Shipping Report Jul 02, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Namibia-Freight-Transport-and-Shipping-Report-2026-1933>
  
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