Botswana (BWA) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Botswana-Italy Trade: In 2022, Botswana exported $753k to Italy. The main products that Botswana exported to Italy were Frozen Bovine Meat ($339k), Tanned Equine and Bovine Hides ($162k), and Iron Structures ($59.5k). Over the past 5 years the exports of Botswana to Italy have decreased at an annualized rate of 5.43%, from $995k in 2017 to $753k in 2022.

In 2022, Botswana did not export any services to Italy.

Italy-Botswana Trade: In 2022, Italy exported $13.9M to Botswana. The main products that Italy exported to Botswana were Low-voltage Protection Equipment ($3M), Packaged Medicaments ($2.03M), and Stone Processing Machines ($641k). Over the past 5 years the exports of Italy to Botswana have increased at an annualized rate of 7.15%, from $9.85M in 2017 to $13.9M in 2022.

In 2022, Italy did not export any services to Botswana.

Comparison: In 2022, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $753k to Italy. The main products exported from Botswana to Italy were Frozen Bovine Meat ($339k), Tanned Equine and Bovine Hides ($162k), and Iron Structures ($59.5k). During the last 5 years the exports of Botswana to Italy have decreased at an annualized rate of 5.43%, from $995k in 2017 to $753k in 2022.

In 2017, Italy exported $13.9M to Botswana. The main products exported from Italy to Botswana were Low-voltage Protection Equipment ($3M), Packaged Medicaments ($2.03M), and Stone Processing Machines ($641k). During the last 5 years the exports of Italy to Botswana have increased at an annualized rate of 7.15%, from $9.85M in 2022 to $13.9M in 2017.

Exports from Botswana () to Italy () (2022)

Exports from Italy () to Botswana () (2022)

Latest Data

Trade between Botswana () and Italy ()

Botswana Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Italy
Top DestinationGermany$78.5B

This map shows whether countries import more from Botswana or Italy. Each country is colored based on the difference in imports they receive from Botswana and Italy or the difference in the growth in imports.

In 2022, countries that imported more from Botswana than Italy included Anguilla ($50M), Zimbabwe ($62.6M), and Zambia ($70.6M).

In 2022, countries that imported more from Italy than Botswana included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy () and Botswana () (2022)

Comparative Advantage Botswana - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Botswana and Italy by product, considering products traded by both, Botswana and Italy.

During 2022, Botswana had a large net trade with Italy in the exports of Animal Products ($340k), Animal Hides ($162k), and Machines ($137k).

During 2017, Italy had a large net trade with Botswana in the exports of Machines ($6.97M), Chemical Products ($2.65M), and Plastics and Rubbers ($1.26M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Italy+$310kFrozen Bovine Meat

Top Product Potential Italy Botswana+$2.82MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Botswana and Italy. This means that a dot/product with the flag of Botswana indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Botswana.

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Italy () (2022)

Exports from Italy () to Botswana () (2022)

Latest Data

Trade between Botswana () and Italy ()

Botswana Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Botswana () (2022)

Comparative Advantage Botswana - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and Italy () (2022)

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