Botswana (BWA) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Botswana-Romania Trade: In 2023, Botswana exported $1.6k to Romania. The main products that Botswana exported to Romania were Instructional Models ($483), Other Plastic Products ($243), and Other Measuring Instruments ($243). Over the past 6 years the exports of Botswana to Romania have increased at an annualized rate of 142%, from $8 in 2017 to $1.6k in 2023.

In 2023, Botswana did not export any services to Romania.

Romania-Botswana Trade: In 2023, Romania exported $3.08M to Botswana. The main products that Romania exported to Botswana were Insulated Wire ($1.06M), Low-voltage Protection Equipment ($984k), and Electrical Power Accessories ($395k). Over the past 6 years the exports of Romania to Botswana have decreased at an annualized rate of 18.3%, from $8.45M in 2017 to $3.08M in 2023.

In 2023, Romania did not export any services to Botswana.

Comparison: In 2023, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B). That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Botswana exported $1.6k to Romania. The main products exported from Botswana to Romania were Instructional Models ($483), Other Plastic Products ($243), and Other Measuring Instruments ($243). During the last 6 years the exports of Botswana to Romania have increased at an annualized rate of 142%, from $8 in 2017 to $1.6k in 2023.

In 2018, Romania exported $3.08M to Botswana. The main products exported from Romania to Botswana were Insulated Wire ($1.06M), Low-voltage Protection Equipment ($984k), and Electrical Power Accessories ($395k). During the last 5 years the exports of Romania to Botswana have decreased at an annualized rate of 18.3%, from $8.45M in 2023 to $3.08M in 2018.

Exports from Botswana () to Romania () (2023)

Exports from Romania () to Botswana () (2023)

Latest Data

Trade between Botswana () and Romania ()

Botswana Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$1.81B

Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from Botswana than Romania included United Arab Emirates ($1.81B), India ($1.15B), and South Africa ($548M).

In 2023, countries that imported more from Romania than Botswana included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

Difference in imports from Romania () and Botswana () (2023)

Comparative Advantage Botswana - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Botswana had a large net trade with Romania in the exports of Instruments ($726), Miscellaneous ($418), and Plastics and Rubbers ($243).

During 2018, Romania had a large net trade with Botswana in the exports of Machines ($2.56M), Plastics and Rubbers ($434k), and Chemical Products ($39.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Romania+$3.64kInsulated Wire

Top Product Potential Romania Botswana+$1.27MInsulated Wire

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 Romania. This means that a dot/product with the flag of Botswana indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Botswana.

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Romania () (2023)

Exports from Romania () to Botswana () (2023)

Latest Data

Trade between Botswana () and Romania ()

Botswana Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Botswana () (2023)

Comparative Advantage Botswana - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and Romania () (2023)

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