China and Namibia have strong complementarity in industry and trade structures, a good cooperation foundation and huge collaboration potential. This explains why Beijing chose Namibia as the first stop of Chinese Foreign Minister Wang Yi's visit to four African countries. The others being the Republic of the Congo, Chad and Nigeria.
In 2023, the bilateral trade volume between China and Namibia was $1.31 billion, a year-on-year increase of 16.5 percent. China mainly exports electromechanical products, textiles, furniture, and other manufactured products to Namibia. It imports natural resources such as uranium, lead, manganese, and copper ore from the coastal country in southwest Africa.
Namibia is rich in mineral resources and is known as the "strategic metal reserve" for the world. Its main mineral deposits include diamonds, uranium, copper, lead, zinc, gold, etc. The output of uranium in the country was 8,200 tons last year, making it one of the top four producers o
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