2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 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 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 82 / 186

About

United Kingdom-Botswana Trade: In 2022, United Kingdom exported $49.2M to Botswana. The main products that United Kingdom exported to Botswana were Diamonds ($15.8M), Combustion Engines ($8.53M), and Stone Processing Machines ($2.37M). Over the past 5 years the exports of United Kingdom to Botswana have decreased at an annualized rate of 1.01%, from $51.7M in 2017 to $49.2M in 2022.

In 2022, United Kingdom did not export any services to Botswana.

Botswana-United Kingdom Trade: In 2022, Botswana exported $22.7M to United Kingdom. The main products that Botswana exported to United Kingdom were Diamonds ($19.4M), Centrifuges ($859k), and Precious Metal Scraps ($814k). Over the past 5 years the exports of Botswana to United Kingdom have decreased at an annualized rate of 13%,  from $45.6M in 2017 to $22.7M in 2022.

In 2022, Botswana did not export any services to United Kingdom.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). 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, United Kingdom exported $49.2M to Botswana. The main products exported from United Kingdom to Botswana were Diamonds ($15.8M), Combustion Engines ($8.53M), and Stone Processing Machines ($2.37M). During the last 5 years the exports of United Kingdom to Botswana have decreased at an annualized rate of 1.01%, from $51.7M in 2017 to $49.2M in 2022.

In 2017, Botswana exported $22.7M to United Kingdom. The main products exported from Botswana to United Kingdom were Diamonds ($19.4M), Centrifuges ($859k), and Precious Metal Scraps ($814k). During the last 5 years the exports of Botswana to United Kingdom have decreased at an annualized rate of 13%, from $45.6M in 2022 to $22.7M in 2017.

Exports from United Kingdom (Flag) to Botswana (Flag) (2022)

Exports from Botswana (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Botswana
Top Destination
United Arab Emirates$2.31B

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

In 2022, countries that imported more from United Kingdom than Botswana included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Botswana than United Kingdom included Anguilla ($50M), Namibia ($111M), and Cambodia ($120M).

Difference in imports from Botswana (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Botswana

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Botswana in the exports of Machines ($21M), Precious Metals ($15.8M), and Transportation ($2.54M).

During 2017, Botswana had a large net trade with United Kingdom in the exports of Precious Metals ($20.3M), Machines ($964k), and Mineral Products ($633k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Botswana+$2.19MDiamonds
Top Product Potential Botswana United Kingdom+$13.5MDiamonds

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

Product Space of United Kingdom (Flag) and Botswana (Flag) (2022)

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