Namibia Records Profit in Agricultural Sector – NSA – AllAfrica.com

npressfetimg-93.png

THE Namibia Statistics Agency (NSA) said the agricultural sector recorded progress Of three,9% Inside the third quarter of 2021, primarily As a Outcome of of agriculture and forestry subsectors that grew by 5,3% and 12,0%, respectively.

The fishing sector advertditionally recorded An enhance of 1,9% in exact worth.

This was revealed by the NSA statistician widespreadvert, Alex Shimuafeni, On The discharge of the third publication of the quarterly agriculture statistical bulletin for 2021, final Friday at Ongwediva.

The bulletin predespatcheds An abstract of the agriculture, forestry and fisheries sectors in Namibia overlaying the interval between July to September. It illustprices the brief-time period efficiency of the sectors, by Taking A look at worldwide merchandise tradverte patterns, public sale prices and meals inflation price enhancement on a quarterly basis. It advertditionally assists clients, analysts and researchers all by way of planning and choice making, As properly as to Ending up in depth-analyses.

Shimuafeni said The worth advertded for the agriculture, forestry and fishing sectors for the third quarter of 2021 was N$3,4 invoiceion in nominal time durations (7,6% of GDP).

He advertded that Namibia’s export earnings from commodities of the agriculture, forestry and fishing sectors amounted to N$3,7 invoiceion, whereas the import invoice stood at N$1,0 invoiceion.

The sectors in 2021 registered An enhance in exact worth advertded Of three,9% As in contrast with a contraction of 11,0% recorded in 2020, he said.

“Fisheries merchandise acrelyed for The very biggest When it Includes overseas earnings, recording N$2,8 invoiceion, whereas agriculture commodities launched income of N$564,5 million.”

Forestry commodities topped the itemizing with an import invoice of N$643,2 million, whereas meals worth inflation was decrease than completely different commodities Inside The client worth index basket, Shimuafeni advertded.

Collectively with that, Namibia’s export earnings from commodities of the agriculture, forestry and fishing sector for 2021 enhanced to N$3,7 invoiceion, from N$3,2 invoiceion recorded in 2020.

“Equally, the import invoice advertditionally expanded to N$1,033.7 million in 2021 As in contrast with N$977,7 million registered Inside the corresponding quarter of 2020.”

Shimuafeni said the imports for ceexact crops have been worthd at N$228,1 million Through the quarter beneath consider, As in contrast with 171,7 million recorded in 2020.

“Wheat, maize and rice have been In all probability the most imported grains, acrelying for N$145,5 million, N$65,1 million and N$8,4 million, respectively. Oats and sorghum advertopted, recording, N$7,6 million and N$0,9 million, respectively.”

Be a part of free AllAfrica Newsletters

Get The latest in African information delivered straight to your inbox


Success!

Virtually accomplished…

We now Want to confirm your e-mail tackle.

To finish The tactic, please Adjust to the instructions Inside The e-mail we simply despatched you.


Error!

There was A disadvertvantage processing your submission. Please try as quickly as extra later.

The import invoice for agricultural commodities stood at N$228,1 million whereas export earnings stood at N$564,5 million.

“This Means that Namibia was a internet exporter of agricultural commodities.”

Shimuafeni said meals prices proceed to rise every month, growing by 5,7% As in contrast with 6,8% recorded Inside the corresponding quarter of 2020.

“The all gadgets inflation price rose by 3,7% As in contrast with 2,3% registered in 2020. This means that meals prices proceed To enhance at a faster tempo than completely different merchandise Inside The client basket.”

NSA authorities of financial statistics Abel Sindano famous that meals prices Do not solely go up when approaching the festive season however All yr prolonged.

npressfetimg-1165.png
agriculture

David Lobell honored with 2022 NAS Prize in Food and Agriculture Sciences – Stanford University News

Earth system science Professor David Lobell has been awarded the 2022 Prize in Meals and Agricult…….

Read More
npressfetimg-1159.png
agriculture

Harrisburg University creating a new Center for Advanced Agriculture and Sustainability – FOX43.com

The center will Think about new utilized sciences rising Inside the meals and agriculture sector …….

Read More
npressfetimg-1156.png
agriculture

Illinois agriculture continues to battle nutrient pollution | Agriculture | pantagraph.com – Bloomington Pantagraph

Nutrient loss Is Amongst The numerous most critical air pollution threats confronted Inside the U…….

Read More