Namibia: Beef Exports Earn Namibia N$374m in One Month
[Namibian] Namibia earned N$374 million from fresh, chilled and frozen beef exports in August.
In August, Namibia generated N$374 million from exporting fresh, chilled, and frozen beef, marking the country's eighth-largest exported commodity. This accounted for 3% of total exports. The broader category of meat and edible meat offal contributed N$434 million to exports, with the food trade surplus primarily driven by fish and meat exports.
The latest figures also reveal an upward revision of N$333,660 in beef export earnings for July. Domestic beef price pressures have eased significantly, with meat inflation dropping to 3.3% in September from 8.1% the previous year, largely due to reduced beef and minced meat prices.
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