Namibia: Nam Trade Deficit Improves Despite Rising Imports

Namibia’s trade deficit narrowed to N$2.3 billion in March 2026 as exports from the mining sector increased sharply, although the country continued to spend heavily on fuel, vehicles and industrial equipment imports.

This is according to the latest trade statistics by the Namibia Statistics Agency.

Latest trade figures show that Namibia exported goods worth N$13.2 billion during March, while imports stood at N$15.5 billion.

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