2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 82 / 186

About

Canada-Botswana Trade: In 2022, Canada exported $322M to Botswana. The main products that Canada exported to Botswana were Diamonds ($317M), Gas Turbines ($824k), and Other Construction Vehicles ($801k). Over the past 5 years the exports of Canada to Botswana have decreased at an annualized rate of 6.7%, from $456M in 2017 to $322M in 2022.

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

Botswana-Canada Trade: In 2022, Botswana exported $6.85M to Canada. The main products that Botswana exported to Canada were Diamonds ($6.57M), Scrap Iron ($160k), and Paintings ($33.3k). Over the past 5 years the exports of Botswana to Canada have decreased at an annualized rate of 18.9%,  from $24.1M in 2017 to $6.85M in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $322M to Botswana. The main products exported from Canada to Botswana were Diamonds ($317M), Gas Turbines ($824k), and Other Construction Vehicles ($801k). During the last 5 years the exports of Canada to Botswana have decreased at an annualized rate of 6.7%, from $456M in 2017 to $322M in 2022.

In 2017, Botswana exported $6.85M to Canada. The main products exported from Botswana to Canada were Diamonds ($6.57M), Scrap Iron ($160k), and Paintings ($33.3k). During the last 5 years the exports of Botswana to Canada have decreased at an annualized rate of 18.9%, from $24.1M in 2022 to $6.85M in 2017.

Exports from Canada (Flag) to Botswana (Flag) (2022)

Exports from Botswana (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Botswana
Top Destination
United Arab Emirates$2.31B

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

In 2022, countries that imported more from Canada than Botswana included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Botswana than Canada included South Africa ($836M), Namibia ($111M), and United Arab Emirates ($2.31B).

Difference in imports from Botswana (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Botswana

Flow
Scale

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

During 2022, Canada had a large net trade with Botswana in the exports of Precious Metals ($317M), Machines ($3.19M), and Chemical Products ($1.32M).

During 2017, Botswana had a large net trade with Canada in the exports of Precious Metals ($6.57M), Metals ($162k), and Instruments ($43.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Botswana+$1.13MPackaged Medicaments
Top Product Potential Botswana Canada+$5.66MDiamonds

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

Product Space of Canada (Flag) and Botswana (Flag) (2022)

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