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Uranium, diamonds drive N$3.6b export surge in September

Namibia’s mining sector drove the country’s export performance in September, generating N$3.6 billion and accounting for 48.4% of total exports, according to the latest International Merchandise Trade Statistics report released by the Namibia Statistics Agency (NSA).

The report shows exports from the mining industry increased by N$1.7 billion month on month, supported by strong demand for uranium, diamonds, gold, and nickel ores.

Uranium remained Namibia’s top export commodity, contributing 21.1% of total exports, followed by diamonds (19.8%), fish (13.5%), non-monetary gold (10.7%), and nickel ores and concentrates (5.6%).

Together, these five products accounted for approximately 71% of Namibia’s export earnings.

“In terms of goods, the country’s export composition for September was mainly concentrated on commodities of the mining sector such as uranium, precious stones (diamonds), non-monetary gold, as well as nickel ores and concentrates,” NSA chief executive and statistician general Alex Shimuafeni says.

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