Namibia Export Data 2026 Top 10 Exports & Trading Partners

Namibia Export Data 2026 Top 10 Exports & Trading Partners

Overview of Namibia's export performance, key commodities, major markets, and trade trends in 2026

H1 2026: N$67.2 Billion in Exports

N$67.2B

+7.6%

N$12.9B

H1 2026 Exports

YoY Growth

June 2026

Up from N$64.1B in H1 2025

N$3.1 billion increase year-on-year

+1.2% MoM, strongest monthly value

Growth was driven by rising uranium demand from China, strong mining commodity performance, and higher-value mineral shipments. May 2026 saw a sharp +25.9% MoM rebound after April's N$9.9B dip (−7.7% YoY).

Top 5 Export Commodities Mining Dominates The top five commodities contributed 65.5% of Namibia's total exports in 2026, highlighting the country's dependence on mining and marine resources.

• Uranium leads at 22.3% • Fish is the top non-mineral at 11.4% • Diamonds and gold each hold 10.8%

Uranium: Namibia's Export 22.3% of Exports

China Demand

Largest single commodity by

China's expanding nuclear

share in May 2026

energy sector is the primary buyer

Global Producer Namibia remains one of the world's leading uranium producers

Key Takeaway: Uranium demand has become the biggest factor shaping Namibia's export performance in 2026.

Other Major Export Commodities

Fish — 1 1.4%

Diamonds — 1 0.8%

Gold & Nickel — 18.5%

shipped to European and African

buyers include Botswana, the US,

nickel ore supports regional mineral

markets.

and Hong Kong.

supply chains.

Second-largest export, mainly

Long-established sector. Major

Gold exports linked with South Africa;

Together with uranium, these five commodities represent 65.5% of Namibia's total exports.

China Becomes Namibia's Top Export Market A Shifting Landscape China has overtaken South Africa as Namibia's leading export destination, driven mainly by uranium demand.

China's share ranged between 25.2% and 32% during 2026, reflecting a rapidly growing trade relationship.

• South Africa remains a key regional partner at 18.7% • Zambia and Botswana each hold double-digit shares

Exports Reach 101 International Markets

Diversified Global Reach Namibia maintains a broad customer base, exporting to 101 markets as of May 2026. African markets accounted for 42.4% of total export value.

South Africa

Zambia & Botswana

DRC & Zimbabwe

Leading African destination

Strong regional partners

Key African markets

Trade Balance: Growth Despite Deficit Deficit Narrows Namibia recorded a trade deficit of N$3.1 billion in May 2026, improved from N$4.4B in April 2026. May 2025 had a small surplus of N$115M. Mining and quarrying generated N$6.6 billion in May exports, but imports continue to outpace export earnings.

Export earnings are growing, but high import levels maintain the deficit.

Three Drivers of Export Growth 1

Rising Uranium Demand

China's nuclear energy expansion continues to drive uranium exports — the single biggest factor in 2026.

2

Strong Mining Performance Diamonds, gold, nickel, and uranium account for the majority of export earnings.

3

Changing Trade Partnerships China's growing importance is reshaping Namibia's export landscape, while South Africa remains a major regional partner.

Namibia's Export Outlook 2026 N$67.2B

22.3%

H1 2026 exports, up 7.6% YoY

Uranium's share — top export commodity

65.5%

China #1

Top 5 commodities' combined export share

Largest export destination, driven by uranium

Final Insight: Namibia's export future depends on mining strength, sustained uranium demand, and expanding global trade data partnerships — despite ongoing trade deficit pressures from high imports.