2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 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 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC
$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 82 / 186

About

Finland-Botswana Trade: In 2022, Finland exported $139k to Botswana. The main products that Finland exported to Botswana were Other Construction Vehicles ($1.44M), Delivery Trucks ($1.08M), and Prefabricated Buildings ($1.05M). Over the past 5 years the exports of Finland to Botswana have decreased at an annualized rate of 43.3%, from $2.38M in 2017 to $139k in 2022.

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

Botswana-Finland Trade: In 2022, Botswana exported $19.6k to Finland. The main products that Botswana exported to Finland were Coal Briquettes ($5.62M), Precious Stones ($20), and Pearl Products ($6). Over the past 5 years the exports of Botswana to Finland have increased at an annualized rate of 78.3%,  from $1.09k in 2017 to $19.6k in 2022.

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

Comparison: In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). 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, Finland exported $139k to Botswana. The main products exported from Finland to Botswana were Other Construction Vehicles ($1.44M), Delivery Trucks ($1.08M), and Prefabricated Buildings ($1.05M). During the last 5 years the exports of Finland to Botswana have decreased at an annualized rate of 43.3%, from $2.38M in 2017 to $139k in 2022.

In 2017, Botswana exported $19.6k to Finland. The main products exported from Botswana to Finland were Coal Briquettes ($5.62M), Precious Stones ($20), and Pearl Products ($6). During the last 17 years the exports of Botswana to Finland have increased at an annualized rate of 78.3%, from $1.09k in 2000 to $19.6k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Botswana (Flag)

Finland Exports

Botswana Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Botswana
Top Destination
United Arab Emirates$2.31B

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

In 2022, countries that imported more from Finland than Botswana included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

In 2022, countries that imported more from Botswana than Finland included United Arab Emirates ($2.31B), Hong Kong ($549M), and South Africa ($836M).

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

Comparative Advantage Finland - Botswana

Flow
Scale

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

During 2022, Finland had a large net trade with Botswana in the exports of Machines ($5.41M), Transportation ($2.29M), and Miscellaneous ($1.06M).

During 2017, Botswana had a large net trade with Finland in the exports of Mineral Products ($5.62M), Precious Metals ($26), and Vegetable Products ($3).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Botswana+$538kDelivery Trucks
Top Product Potential Botswana Finland+N/AN/A

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

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

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