Namibia posted a uranium trade surplus of N$3.1 billion in June 2025, with the mineral topping the export basket at 25.5% of total shipments and largely destined for China, the Namibia Statistics Agency (NSA) said.
“On the contrary, the country recorded trade surpluses on Uranium amounting to N$3.1 billion. Uranium was Namibia’s largest exported commodity in June 2025, accounting for 25.5% of total exports. The commodity was largely demanded by China,” the NSA reported.
Non-monetary gold and fish followed.
“Non-monetary gold came second, accounting for 15.0% of total exports, solely destined to South Africa. Fish occupied the third position, accounting for 11.8% of total exports. The commodity was destined mainly for the Spanish, Zambian and Italian markets,” the NSA stated.
Diamonds ranked fourth with an 8.0% share, while copper and articles of copper were fifth at 5.7%, most of which were re-exports.
As the NSA noted: “‘Copper and articles of copper’ occupied the fifth position and contributed 5.7% (where 5.3% was re-export) to the country’s total export revenue… The top five export commodities jointly accounted for 66.1% of total exports.”
Overall, exports stood at N$12.2 billion in June against imports of N$11.3 billion.
“This resulted in a trade surplus of N$856 million. Compared to May 2025, exports grew by 2.4% and imports fell by 2.0%, while year-on-year figures showed a 6.1% drop in exports and a 17.5% fall in imports,” the NSA said.
