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Home Companies Trade

Namibia posts N$856m trade surplus, led by China, Botswana and Zambia

by reporter
August 28, 2025
in Trade
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Namibia recorded exports of N$12.2 billion in June 2025 compared to imports of N$11.3 billion, resulting in a trade surplus of N$856 million, the Namibia Statistics Agency (NSA) said.

“Exports grew by 2.4% from May 2025 but declined by 6.1% year-on-year, while imports dropped by 2.0% month-on-month and 17.5% compared to June 2024,” the agency noted.

NSA reported that Namibia recorded trade surpluses with several countries.

“In June 2025, Namibia recorded trade surpluses with China to the tune of N$1.7 billion, Botswana (N$1.1 billion), and Zambia (N$831 million). On the other hand, the country recorded trade deficits against South Africa (N$1.9 billion), Oman (N$589 million), and Bahrain (N$341 million),” it said.

China was Namibia’s top export destination, accounting for 25.2% of total exports, followed by South Africa with 20.4%.

Uranium was the largest export commodity, representing 25.5% of the export basket, mainly destined for China. Non-monetary gold (15%), fish, diamonds and copper products also featured among the top five exports.

South Africa supplied 39.2% of Namibia’s imports, while China accounted for 12.5%. “Oman, the United States of America, and the Democratic Republic of Congo were among the country’s top five import markets,” NSA said.

Petroleum oils dominated imports with 13.8%, followed by commercial motor vehicles at 3.4%.

“‘Ores and concentrates of base metals,’ motor vehicles for the transportation of persons and ‘Nickel ores and concentrates’ were part of the top five imported products,” the agency added.

By economic blocs, SACU accounted for 30% of exports, BRIC+ 29.9% and the EU 12.5%, while COMESA and the OECD contributed 11.6% and 9.1% respectively. On imports, SACU led with 39.6%, followed by BRIC+ (15.3%), the EU (9.5%), OECD (8.4%) and COMESA (6.9%).

Exports were mainly transported by sea (56.7%), followed by air (23.6%) and road (19.7%). “On the demand side, Road transport took the first position, accounting for 60.5% of total imports, followed by Sea transport and Air transport, separately contributing 35.4% and 4.0%,” NSA said.

On intra-Africa trade under the African Continental Free Trade Area, Namibia remained a net importer during the month under review.

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