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Home Companies Fisheries

Namibia nets N$619m food surplus on strong fish exports

by reporter
August 29, 2025
in Fisheries
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Namibia recorded a food trade surplus of N$619 million in June 2025, driven by fish exports worth N$1.5 billion, the Namibia Statistics Agency (NSA) reported.

Between June 2024 and June 2025, food trade averaged a surplus of N$204 million.

The highest surpluses were in December 2024 (N$621 million), June 2025 (N$619 million) and April 2025 (N$514 million).

“Deficits were only recorded in three months over this period. These were in September 2024 (N$179 million), October 2024 (N$212 million) and November 2024 (N$323 million),” the NSA said.

Fish and other aquatic invertebrates made up 78% of exports in June 2025, followed by meat and edible meat offal with 12.9% and cereal preparations with 2.5%. “During June 2025, ‘Fish and other aquatic invertebrates’ contributed the highest to the food basket with a share of 78.0% followed by ‘Meat and edible meat offal’ with 12.9%,” the NSA stated.

On the import side, sugar and confectionery led with 16%, cereals accounted for 14.5%, and miscellaneous edible preparations 8.2%. The top five imports made up 53.9% of the food basket in June 2025.

Beverage imports averaged N$318 million between June 2024 and June 2025, peaking at N$489 million in November 2024. Exports averaged N$118 million, with the highest value of N$189 million in July 2024 and the lowest at N$62 million in April 2025. “During the same period, exports averaged N$118 million, with July 2024 noting the largest value at N$189 million while the lowest value amounting to N$62 million was recorded in April 2025,” the NSA added.

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