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Minerals account for 90% of Namibia’s October exports

by reporter
December 3, 2025
in Mining
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Mineral commodities accounted for more than 90% of Namibia’s top exports in October 2025, according to the latest International Merchandise Trade Statistics Bulletin released by the Namibia Statistics Agency (NSA).

The NSA said uranium, non-monetary gold, diamonds and copper ores continued to dominate the export basket, underscoring the country’s reliance on the extractive sector for foreign earnings.

Uranium remained the top export, making up 33.2% of total export revenue, driven by demand from China and France. Non-monetary gold followed with a 15.6% share, primarily exported to South Africa.

Diamonds ranked third at 9.0%, mostly destined for Botswana, while copper ores and concentrates contributed 6.8%, with South Korea as the main market.

“On the contrary, the country recorded trade surpluses on commodities such as uranium (N$4.4 billion), non-monetary gold (N$2.1 billion),” the NSA said.

Sea transport remained the leading export channel, handling 56% of total export value. Goods shipped by sea included uranium, copper ores and fish, largely departing from the Port of Walvis Bay, which processed N$7.3 billion worth of exports and maintained its position as Namibia’s busiest export hub.

High-value minerals such as non-monetary gold and diamonds were mainly exported by air, accounting for 25.1% of total export value. Eros Airport recorded N$2.9 billion in air exports during the month, with non-monetary gold alone contributing more than N$2 billion.

Road transport accounted for 18.9% of export value, moving goods such as fish, petroleum oils and fertilisers to neighbouring countries. The Katima Mulilo Border Post was the top road exit point, facilitating N$1.1 billion in exports destined largely for Zambia, Botswana and South Africa.

“In October 2025, sea transportation maintained the top position as the leading mode of transport for exports, handling exports worth N$7.4 billion. This export value represents 56.0% of total exports during the reference period. The basket of exports via sea comprised mainly uranium, copper ores and concentrates, and fish,” the NSA noted.

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