WINDHOEK, May 8 (Xinhua) -- Namibia's exports nearly doubled in March 2026, driven mainly by higher uranium exports, according to the latest trade bulletin released on Friday by the Namibia Statistics Agency (NSA).
The NSA said Namibia's exports rose by 99.6 percent month-on-month to 13.2 billion Namibian dollars (about 807 million U.S. dollars) in March, while imports increased by 31.3 percent to 15.5 billion Namibian dollars.
The figures left Namibia with a trade deficit of 2.3 billion Namibian dollars, narrowing from a deficit of 5.2 billion Namibian dollars recorded in February.
According to the report, uranium was Namibia's largest export commodity in March, contributing 26.7 percent of total exports. Other major export products included non-monetary gold, fish, nickel ores and concentrates, and diamonds.
"The mining and quarrying sector occupied the first position with the largest export value of 6.6 billion Namibian dollars, generating half of the country's total export revenue," the NSA said, adding that exports from the sector increased by 5.2 billion Namibian dollars from February.
On the import side, South Africa remained Namibia's largest source market, accounting for 34.5 percent of imports.
Major imports included petroleum oils, commercial vehicles, nickel ores and concentrates, passenger vehicles, and civil engineering equipment.
The report also highlighted Namibia's regional trade links, with intra-African exports accounting for 45.9 percent of total exports and imports from Africa making up 43.6 percent of total imports in March.
Namibia exported goods worth 6.1 billion Namibian dollars to African markets during the month, mainly to South Africa, Zambia, Botswana, the Democratic Republic of the Congo and Zimbabwe. ■
