Mexico (MEX) and Botswana (BWA) Trade | The Observatory of Economic Complexity

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Mexico-Botswana Trade: In 2022, Mexico exported $1.71M to Botswana. The main products that Mexico exported to Botswana were Beer ($302k), Soil Preparation Machinery ($175k), and Centrifuges ($139k). Over the past 5 years the exports of Mexico to Botswana have decreased at an annualized rate of 9.96%, from $2.88M in 2017 to $1.71M in 2022.

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

Botswana-Mexico Trade: In 2022, Botswana exported $4.05k to Mexico. The main products that Botswana exported to Mexico were Self-adhesive Plastics ($904), Imitation Jewellery ($888), and Raw Bones ($860). Over the past 5 years the exports of Botswana to Mexico have decreased at an annualized rate of 48.7%, from $114k in 2017 to $4.05k in 2022.

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

Comparison: In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $1.71M to Botswana. The main products exported from Mexico to Botswana were Beer ($302k), Soil Preparation Machinery ($175k), and Centrifuges ($139k). During the last 5 years the exports of Mexico to Botswana have decreased at an annualized rate of 9.96%, from $2.88M in 2017 to $1.71M in 2022.

In 2017, Botswana exported $4.05k to Mexico. The main products exported from Botswana to Mexico were Self-adhesive Plastics ($904), Imitation Jewellery ($888), and Raw Bones ($860). During the last 5 years the exports of Botswana to Mexico have decreased at an annualized rate of 48.7%, from $114k in 2022 to $4.05k in 2017.

Exports from Mexico () to Botswana () (2022)

Exports from Botswana () to Mexico () (2022)

Latest Data

Trade between Mexico () and Botswana ()

Mexico Exports

Date

Botswana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2022, countries that imported more from Mexico than Botswana included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Botswana than Mexico included United Arab Emirates ($2.31B), Israel ($498M), and South Africa ($836M).

Difference in imports from Botswana () and Mexico () (2022)

Comparative Advantage Mexico - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Botswana in the exports of Machines ($979k), Foodstuffs ($362k), and Transportation ($132k).

During 2017, Botswana had a large net trade with Mexico in the exports of Precious Metals ($1.72k), Plastics and Rubbers ($904), and Animal Products ($860).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Botswana+$534kComputers

Top Product Potential Botswana Mexico+$7.64kInsulated 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 Mexico and Botswana. This means that a dot/product with the flag of Mexico indicates it has a comparative advantage over Botswana. Similarly, a dot/product with the flag of Botswana indicates it has a comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Botswana () (2022)

Exports from Botswana () to Mexico () (2022)

Latest Data

Trade between Mexico () and Botswana ()

Mexico Exports

Botswana Exports

Market Competitiveness

Difference in imports from Botswana () and Mexico () (2022)

Comparative Advantage Mexico - Botswana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mexico () and Botswana () (2022)

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