
Botswana
Global Trade Profile β’ Rank #123 Exporter
$6.33B
Total Exports (2023)
$6.64B
Total Imports (2023)
$307.30M
Trade Deficit
#123
Export Ranking
Trade Flow Visualization
Interactive map showing Botswana's top trading partners. Green lines represent exports, red lines represent imports.
#123
Export Rank
$6.33B
Total Exports
$6.64B
Total Imports
-$307.30M
Trade Balance
28
Trade Partners
π Top Export Destinations
United Arab Emirates
India
Belgium
South Africa
China
USA
China, Hong Kong SAR
Israel
Australia
SingaporeTop Export Products
π₯ Top Import Sources
South Africa
Namibia
Canada
China
India
Zambia
Armenia
Germany
Mozambique
USATop Import Products
π Historical Trade Trends (1995-2023)
29 Years
Data Coverage
29
Data Points
π
Trend Direction
Botswana Trade Analysis 2023
π Overview
Botswana stands as the world's #123 largest exporter and #133 largest importer, demonstrating emerging market dynamics.
The trade profile reveals a deficit of 307.30 million, reflecting import dependencies for growth.
The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.
Monthly trade flows average $1.08B, generating continuous economic activity across logistics, finance, and trade services.
π’ Export Markets
Export Market Concentration
Export concentration shows United Arab Emirates as the dominant market at 27.5%. The top three markets control 60.9% of exports.
Market Concentration Risk
Regional patterns reveal globally balanced access. Secondary markets (USA, China, Hong Kong SAR, Israel) provide $1.09B in additional trade.
π¦ Import Sources
Import Source Concentration
Botswana relies heavily on South Africa for imports (65.1%),creating supply chain concentration risk.
Energy suppliers including United Arab Emirates (35.07M) collectively provide 35.07 million or 0.5% of imports, highlighting the economy's dependence on imported energy resources.
Manufacturing inputs come primarily from China, reflecting deep integration into Asian production networks. China's dominant position at 238.46 million encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.
The USA provides 83.66 million (1.3%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 91.3% of total imports, with the remaining 9% distributed among 10 other suppliers.
Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (99.71M), Belgium (83.63M), Italy (23.82M) focus on luxury goods, machinery, and specialized chemicals.
Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.
π¦ Product Composition
π Export Products
Top Export Products
Botswana's export economy centers on diversified industrial production, with the leading export being non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or setat $3.68 billion, accounting for 58.1% of total exports.
Electronics, semiconductors, and machinery contribute 150.42 million or 2.4% of exports.
The automotive sector's dominance is evident in the export portfolio, with ignition wiring sets and other wiring sets of a ki... (124.90M). This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.
The transition to electric and hybrid vehicles is captured in export data, with 3 categories specifically related to alternative propulsion systems, totaling $158.81M.
Beyond automotive, Botswana maintains strong positions in specialized equipment, electronic components (150.42M), and Diamonds, Copper ores and concentrates.
The top 20 export products collectively account for 95.9% of total exports, revealing moderate concentration with room for further diversification.
π Import Products
Top Import Products
Energy dominates Botswana's import profile, with fossil fuels accounting for 1.34 billion or 20.2% of total imports. Crude oil leads at 1.18 billion (17.8%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.
Key Finding: Energy Dependency
Beyond energy, critical imports include non-industrial, unworked or simply sawn,... (530.91M, 8.0%), non-industrial, (other than unworked or ... (289.60M, 4.4%), whether or not worked, but not mounted o... (237.25M, 3.6%), consisting of mixed or unmixed products ... (100.72M, 1.5%), compression-ignition internal combustion... (86.85M, 1.3%).Electronic components and devices total 49.21 million (0.7% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 100.72 million (1.5%), reflecting healthcare sector demands.
The import product mix reveals structural characteristics of Botswana's economy: integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.
The ratio of raw materials to finished goods in imports (10 : 10among top 20 products) indicates balanced import composition. Import substitution potential exists in technology sectors through targeted industrial policies and investment.
Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 8 primary products to 2 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.
Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.
βοΈ Trade Balance Dynamics
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| South Africa | $566.37M | $4.32B | $-3.75B |
| United Arab Emirates | $1.74B | $35.07M | +$1.71B |
| India | $1.09B | $163.48M | +$923.20M |
| Belgium | $1.03B | $83.63M | +$944.59M |
| China | $415.25M | $238.46M | +$176.79M |
Export-to-import ratio of 0.954 means exports cover 95.4% of import costs.
π Key Relationships
Major Trading Partners
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| South Africa | $566.37M | $4.32B | $-3.75B |
| United Arab Emirates | $1.74B | $35.07M | +$1.71B |
| India | $1.09B | $163.48M | +$923.20M |
| Belgium | $1.03B | $83.63M | +$944.59M |
| China | $415.25M | $238.46M | +$176.79M |
| Namibia | $31.87M | $503.01M | $-471.14M |
| USA | $362.57M | $83.66M | +$278.91M |
| China, Hong Kong SAR | $302.99M | $0 | +$302.99M |
| Total | $5.54B | $5.43B | +$109.82M |
The Botswana-South Africa relationship leads at 4.88 billion in bilateral trade.View detailed analysis β
Additional major partnerships include India (1.25B total trade), Belgium (1.11B total trade), China (653.71M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ11.47B across top 10 partnersβprovides resilience against bilateral tensions and regional disruptions.
π Competitive Position
Global rankings position Botswana as the #123 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.063%offers opportunities for market share expansion.
Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Botswana's global market share exceeds its overall trade share by factors of 2 or more.
Competitive advantages emerge in sectors where export concentration exceeds import share, particularly innon-industrial, unworked , non-industrial, (other th, Copper ores and concentra. The revealed comparative advantage is strongest in product categories representing87.5% of exports. Market positioning against regional competitors shows niche specialization opportunities.
Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.
Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.
Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.
π― Strategic Outlook
Strategic Priority
The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.
Vulnerabilities include concentrated import dependencies. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.
Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Zimbabwe, Cambodia, Anguilla, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.
The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.
The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Botswana's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.
Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.
As global trade patterns continue evolving, Botswana's position as the world's #123 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.
Data Notes
Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.
Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026