The total income Namibia made from exports in October was N$13.2 billion, which is an increase of more than 50% when compared to September.
The country still had a higher import bill leading to a trade deficit of N$2.9 billion.
According to the Namibia trade statistics, the country’s expenditure on imports stood at N$16.1 billion, reflecting an increase of 48.5% from N$10.8 billion recorded in September.
“Namibia’s cumulative exports amounted to N$104.9 billion during October 2025, which shows an increase when compared to N$92.5 billion registered over the same period of the previous year,” the report reads.
Meanwhile, on the import side, the cumulative value was N$125.2billion, which is lower by N$3.9 billion when compared to N$129.1 billion recorded over the same period in 2024.
Statistician general Alex Shimuafeni says although there is a trade deficit, it is an improvement when compared to a N$3.4 billion deficit recorded in the previous month.
“Analysis shows that year on year, a N$7.2 billion deficit was recorded,” he says.
The analysis of Namibia’s top trading partners revealed that China was the country’s largest market for exports, while South Africa remained the largest market for imports.
During the previous month, South Africa was Namibia’s largest market for both exports and imports.
“In terms of goods, the country’s export composition for October 2025 was mainly concentrated on commodities of the mining sector such as uranium, non-monetary gold, precious stones (diamonds), as well as copper ores and concentrates,” Shimuafeni says.
He says fish was the only non-mineral product among the top five exports.
Pesticides were the commodity of the month.
The country imported pesticides worth N$48 million, mainly sourced from South Africa and Spain, while on the supply side, the country exported pesticides worth N$57 393 to Angola and Panama.
In terms of food trade, Namibia was a net exporter (exporting more than it imported) of food, with a trade surplus of N$89 million and a net importer (importing more than it exported) of beverages, having recorded a deficit amounting to N$552 million.
