Namibia posts first-in-13-month trade surplus in May


  • World
  • Friday, 04 Jul 2025

WINDHOEK, July 3 (Xinhua) -- Namibia recorded a trade surplus of 121 million Namibian dollars (about 6.9 million U.S. dollars) in May 2025, driven by a sharp increase in uranium exports, the Namibia Statistics Agency (NSA) reported on Thursday.

Exports rose by 7.3 percent from April to 11.8 billion Namibian dollars, while imports declined by 9.1 percent to 11.7 billion Namibian dollars, an improvement from the revised trade deficit of 1.8 billion Namibian dollars recorded in April, Statistician General Alex Shimuafeni said in the report.

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