AfCFTA powers Tanzania trade DAR ES SALAAM, Dec 21 (NNN-DAILYNEWS) — TANZANIA’s export earnings surged by 40 per cent in 2024 to reach 3.94 billion US dollars from African markets alone as the government intensified efforts to secure reliable markets for locally produced goods and unlock thousands of new jobs for young people. Speaking to the media this week, Minister for Industry and Trade Judith Kapinga said the strong performance reflects the growing impact of regional and global market access on Tanzania’s industrial and commercial sectors, saying that assured markets remain central to sustaining production and expanding trade. “We produce goods with the expectation […]

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Base metal prices cast shadow over Namibia’s export earnings amid global trade uncertainty Namibia’s economic fortunes in 2025 are set to be heavily influenced by the volatile and increasingly bearish trajectory of global base metal prices, according to a stark analysis by Theo Klein, economist at Oxford Economics Africa. While the country’s mining sector has been a crucial engine for recent growth, deteriorating

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Namibia records N$2.7b deficit in March Namibia’s trade sector recorded a trade deficit of N$2.7 billion in March 2025, marking a moderate deterioration from the N$2 billion deficit recorded in February 2025, but an improvement from the N$4.6 billion deficit reported in March 2024. This is according to the latest report by Simonis Storm. Economist Almandro Jansen says that the trend reflects growing export earnings, although import demand remains elevated. “In March 2025, export earnings totalled N$10.1 billion, down slightly by 0.4% month-on-month, but up 22.6% year-on-year. The export basket remained dominated by precious stones (diamonds), which accounted for 20.1% of total exports.” “Fish followed with a 13.6% share, while non-monetary gold contributed 12.%. Uranium made up 11% of exports, and copper and articles of copper accounted for 5.4%,” he says. The post Namibia records N$2.7b deficit in March appeared first on The Namibian.

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Namibia exports gold worth N$4.3 billion in fourth quarter Gold export earnings recorded a significant increase in the fourth quarter of 2025, rising by 20.1% year on year and 13.4% quarter on quarter to N$4.3 billion, the Bank of Namibia (BoN) has reported. According to the central bank’s latest quarterly bulletin, the surge in gold export receipts was largely driven by higher international gold prices and increased volumes exported during the period under review. “The annual growth was predominantly due to the strong performance of gold, reflective of a stronger international price. Consequently, gold export receipts rose by 20.1% and 13.4% on an annual and quarterly basis, respectively, to N$4.3 billion,” the BoN says. The report highlighted that the international gold price climbed by 34.8% annually and 7.4% quarterly to an average of US$2 663 per ounce in the fourth quarter of 2025, contributing to the overall increase in mineral export earnings. “During the period under review, the international gold price continued to benefit from growing economic uncertainty and geopolitical tensions, which have driven investors toward safe-haven assets, increased central bank purchases and lower interest rates,” the BoN says. The value of other mineral exports also showed positive growth, increasing by 10% year on year, and 9.7% quarter on quarter, reaching N$5.6 billion. The BoN attributed this growth to a combination of higher gold export volumes and favourable global pricing trends. On the production front, gold output rose by 6.9% quarter on quarter, but declined by 19% on an annual basis to 2 772kg. “The rise on a quarterly basis was boosted by high-grade ore mined from the open pits and a substantial contribution from the underground mining area at one of the mines during the quarter under review,” the BoN says. However, the central bank also says “on an annual basis, gold production declined given the depletion of the mineral at the open pit as mining operations are being brought to completion”. The post Namibia exports gold worth N$4.3 billion in fourth quarter appeared first on The Namibian.

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Exports grew 11.44% to $4.25 billion in March this fiscal year compared to the same month last year, according to data from the National Board of Revenue (NBR).

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The country's export earnings grew by nearly 11% in the first eight months (July-February) of the ongoing fiscal year compared to the same period last year.

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The country's merchandise exports grew by over 7% to $4.5 billion in January, compared to $4.2 billion in the same month a year ago, driven largely by an increase in shipments of ready-made garments.

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