2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP GROWTH
35.9%CURRENT US$
Rnk 102 / 195
2023
Flag
GDP PC 
$4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$7,820CURRENT US$
Rnk 99 / 196
2013-2023
Flag
GDP PC GROWTH
17.3%CURRENT US$
Rnk 110 / 195

About

Namibia-Botswana Trade: In 2023, Namibia exported $504M to Botswana. The main products that Namibia exported to Botswana were Refined Petroleum ($242M), Diamonds ($218M), and Cement ($10.5M). Over the past 5 years the exports of Namibia to Botswana have decreased at an annualized rate of 1.18%, from $534M in 2018 to $504M in 2023.

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

Botswana-Namibia Trade: In 2023, Botswana exported $23.1M to Namibia. The main products that Botswana exported to Namibia were Insulated Wire ($3.82M), Coal Briquettes ($3.59M), and Diamonds ($2.4M). Over the past 5 years the exports of Botswana to Namibia have decreased at an annualized rate of 41.7%,  from $342M in 2018 to $23.1M in 2023.

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

Comparison: In 2023,  Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B). That same year, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $504M to Botswana. The main products exported from Namibia to Botswana were Refined Petroleum ($242M), Diamonds ($218M), and Cement ($10.5M). During the last 5 years the exports of Namibia to Botswana have decreased at an annualized rate of 1.18%, from $534M in 2018 to $504M in 2023.

In 2018, Botswana exported $23.1M to Namibia. The main products exported from Botswana to Namibia were Insulated Wire ($3.82M), Coal Briquettes ($3.59M), and Diamonds ($2.4M). During the last 5 years the exports of Botswana to Namibia have decreased at an annualized rate of 41.7%, from $342M in 2023 to $23.1M in 2018.

Exports from Namibia (Flag) to Botswana (Flag) (2023)

Exports from Botswana (Flag) to Namibia (Flag) (2023)

Latest Data

Trade between Namibia (Flag) and Botswana (Flag)

Namibia Exports

Botswana Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Botswana
Top Destination
United Arab Emirates$1.81B

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

In 2023, countries that imported more from Namibia than Botswana included South Africa ($1.71B), France ($335M), and China ($752M).

In 2023, countries that imported more from Botswana than Namibia included United Arab Emirates ($1.81B), India ($1.15B), and Belgium ($1.08B).

Difference in imports from Botswana (Flag) and Namibia (Flag) (2023)

Comparative Advantage Namibia - Botswana

Flow
Scale

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

During 2023, Namibia had a large net trade with Botswana in the exports of Mineral Products ($261M), Precious Metals ($218M), and Transportation ($7.35M).

During 2018, Botswana had a large net trade with Namibia in the exports of Machines ($5.49M), Mineral Products ($4.84M), and Precious Metals ($2.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Botswana+$412kDelivery Trucks
Top Product Potential Botswana Namibia+$1.59MDiamonds

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

Product Space of Namibia (Flag) and Botswana (Flag) (2023)

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