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2022
Flag → Flag
Exports $1.92MRnk 34 / 129
2022
Flag → Flag
Top Product $1.92MDiamonds
2022
Flag → Flag
Exports $284kRnk 166 / 194
2022
Flag → Flag
Top Product $46.2kTea
2022
Flag
Economic Complexity (ECI) ECI -0.59Rnk 91 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH21%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Botswana-Sri Lanka Trade: In 2022, Botswana exported $1.92M to Sri Lanka. The main products that Botswana exported to Sri Lanka were Diamonds ($1.92M), Motor vehicles; parts and accessories (8701 to 8705) ($69), and Electrical Control Boards ($55). Over the past 5 years the exports of Botswana to Sri Lanka have decreased at an annualized rate of 9.13%, from $3.1M in 2017 to $1.92M in 2022.

In 2022, Botswana did not export any services to Sri Lanka.

Sri Lanka-Botswana Trade: In 2022, Sri Lanka exported $284k to Botswana. The main products that Sri Lanka exported to Botswana were Tea ($46.2k), Rice ($34.5k), and Other Edible Preparations ($27.5k). Over the past 5 years the exports of Sri Lanka to Botswana have increased at an annualized rate of 30.6%,  from $74.7k in 2017 to $284k in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Botswana exported $1.92M to Sri Lanka. The main products exported from Botswana to Sri Lanka were Diamonds ($1.92M), Motor vehicles; parts and accessories (8701 to 8705) ($69), and Electrical Control Boards ($55). During the last 5 years the exports of Botswana to Sri Lanka have decreased at an annualized rate of 9.13%, from $3.1M in 2017 to $1.92M in 2022.

In 2017, Sri Lanka exported $284k to Botswana. The main products exported from Sri Lanka to Botswana were Tea ($46.2k), Rice ($34.5k), and Other Edible Preparations ($27.5k). During the last 5 years the exports of Sri Lanka to Botswana have increased at an annualized rate of 30.6%, from $74.7k in 2022 to $284k in 2017.

Exports from Botswana (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Botswana (Flag) (2022)

Latest Data

Trade between Botswana (Flag) and Sri Lanka (Flag)

Botswana Exports

Market Competitiveness

Color
Botswana
Top DestinationUnited Arab Emirates$2.31B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Botswana than Sri Lanka included United Arab Emirates ($2.31B), Belgium ($1.55B), and South Africa ($836M).

In 2022, countries that imported more from Sri Lanka than Botswana included United States ($3.52B), United Kingdom ($1.04B), and Germany ($881M).

Difference in imports from Sri Lanka (Flag) and Botswana (Flag) (2022)

Comparative Advantage Botswana - Sri Lanka

Flow
Scale

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

During 2022, Botswana had a large net trade with Sri Lanka in the exports of Precious Metals ($1.92M), Machines ($121), and Transportation ($69).

During 2017, Sri Lanka had a large net trade with Botswana in the exports of Vegetable Products ($110k), Foodstuffs ($87.9k), and Animal Products ($24.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Botswana Sri Lanka+$2.43MDiamonds
Top Product Potential Sri Lanka Botswana+$81.7kTea

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

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

Product Space of Botswana (Flag) and Sri Lanka (Flag) (2022)

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