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The contemporary formal market sector, which provides most of Namibia's income, and the country's traditional subsistence sector make up the economy.
Zambia’s production of its staple crop, corn, is expected to drop by more than 50 percent in marketing year 2024/25, due to extended dry spells associated with the El Niño event. Almost a million hectares of corn have been destroyed by the drought that forced the Zambian President to declare a “National Disaster and Emergency”.
Chickpeas, also known as garbanzo beans, are a legume full of protein, fiber, complex carbohydrates, and are relatively low in calories. Chickpeas are used in many Indian and Mediterranean dishes. Australia, India, and Canada are the top three chickpea exporters accounting for more than 40 percent of the world’s exports in 2022. Pakistan is the largest importer, followed by the European Union, Bangladesh, and Turkey.
Zambia’s production of its staple crop, corn, is expected to grow by 23 percent to 3.3 million metric tons (MMT) in marketing year (MY) 2023/24, mainly due to an upsurge in planted area.
The Namibian Ministry of Agriculture appears to have granted an extension to consignments that were already prepared for departure to Namibia before the announcement of the Circular V15 of 2022 on December 7, 2022.
Despite lower production in marketing year (MY) 2022/23, Zambia’s production of its staple crop, corn, will be sufficient to meet domestic demand. Zambia’s corn crop is forecast to decline by 25 percent to 2.7 million metric tons (MMT) in MY 2022/23, after producing a record crop 3.6 MMT in MY 2021/22.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
Global lentil exports in 2020 jumped from $1 billion to $2.6 billion compared to the year before. Canada and Australia led the surge, accounting for more than three-fourths of the exports. Lentil exports peaked at $2.7 billion in 2015 but drifted lower through 2019, primarily due to reduced shipments from Canada to India and Turkey and from the United States to Canada and India.
Zambia produced its largest corn crop on record in the 2021/22 MY. This bumper corn crop of 3.6 million tons follows on Zambia’s third largest corn crop of 3.4 million tons produced in the 2020/21 MY.
In the 2020/21 MY, Zambia produced its second highest corn crop on record. This bumper corn crop of 3.4 million tons is 69 percent higher than the previous season’s crop of 2.0 million tons.
On April 9, 2020, the United States reported an outbreak of Highly Pathogenic Avian Influenza (HPAI) to the International Organization for Animal Health (OIE).
Namibia is the first African country to gain market access to export beef to the United States after 18 years of trade negotiations between the two countries.