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Namibia records N$2.9bn in fish export earnings in fourth quarter

by reporter
March 26, 2026
in Latest
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Namibia recorded N$2.9 billion in export earnings from fish and crustaceans, molluscs and other aquatic invertebrates in the fourth quarter of 2025, according to the Namibia Statistics Agency (NSA).

This represents a 9.8% increase compared to N$2.7 billion recorded in the corresponding quarter of 2024.

The NSA said Spain was the main export destination during the period, accounting for 32.3% of total fish exports, with frozen hake fillets as the leading product.

Zambia and South Africa were the second and third largest export markets, accounting for 26.7% and 9.2% of exports, respectively. Frozen jack mackerel was the main product exported to Zambia, while horse mackerel dominated exports to South Africa.

Meanwhile, the import bill for fish and related products rose to N$136.9 million during the quarter, reflecting a 36.3% increase from N$100.4 million recorded in the same period in 2024.

Fish imports were primarily sourced from South Africa, which accounted for 50.1% of total imports, with hake being the main product.

Spain was the second largest source of imports at 21.7%, followed by the Falkland Islands at 10.1%, with hake, cuttlefish and squid among the key products imported from these markets.

The NSA also reported a decline in total landings of quota species, which fell by 20.8% to 53,392 metric tonnes in the fourth quarter of 2025, compared to 67,382 metric tonnes in the same period a year earlier.

Horse mackerel accounted for the largest share of landings at 30,896 metric tonnes, followed by hake at 18,436 metric tonnes, while crab ranked third at 1,961 metric tonnes, the NSA said.

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