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Pricing

2022
Flag → Flag
Exports $49.6MRnk 97 / 138
2022
Flag → Flag
Top Product $49.5MDiamonds
2022
Flag → Flag
Exports $52Rnk 115 / 129
2022
Flag → Flag
Top Product $29Jewellery
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.59Rnk 91 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH21%CURRENT US$
Rnk 82 / 186

About

Russia-Botswana Trade: In 2022, Russia exported $49.6M to Botswana. The main products that Russia exported to Botswana were Diamonds ($49.5M), Other Construction Vehicles ($45.7k), and Electric Heaters ($40.4k). Over the past 5 years the exports of Russia to Botswana have increased at an annualized rate of 20.5%, from $19.5M in 2017 to $49.6M in 2022.

In 2020, Russia exported services to Botswana worth $14k, with Financial services ($5k), Computer and information services ($5k), and Other business services ($4k) being the largest in terms of value.

Botswana-Russia Trade: In 2022, Botswana exported $52 to Russia. The main products that Botswana exported to Russia were Jewellery ($29), Knit Sweaters ($7), and Non-Knit Men's Suits ($5). Over the past 5 years the exports of Botswana to Russia have decreased at an annualized rate of 76.8%,  from $1.46M in 2017 to $52 in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Latest Trends

December, 2021

About

Overview In December 2021, Russia exported $2.86M and imported $19.1 from Botswana, resulting in a positive trade balance of $2.86M. Between December 2020 and December 2021 the exports of Russia have increased by $1.86M (187%) from $999k to $2.86M, while imports decreased by $-33.6k (-99.9%) from $33.6k to $19.1.

Trade In December 2021, the top exports of Russia to Botswana were Diamonds ($5.87M). In December 2021 the top imports of Russia from Botswana were .

Origins In December 2021 the exports of Russia were mainly from N/A, while imports destinations were mainly N/A.

Growth In December 2021, the increase in Russia's year-by-year exports to Botswana was explained primarily by an increase in product exports in . In November 2021, the decrease in Russia's year-by-year imports  from Botswana was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$1.86M(187%)
IMPORT GROWTH (November 2020 - November 2021)$-33.6k(-99.9%)

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Botswana and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Botswana and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $49.6M to Botswana. The main products exported from Russia to Botswana were Diamonds ($49.5M), Other Construction Vehicles ($45.7k), and Electric Heaters ($40.4k). During the last 5 years the exports of Russia to Botswana have increased at an annualized rate of 20.5%, from $19.5M in 2017 to $49.6M in 2022.

In 2017, Botswana exported $52 to Russia. The main products exported from Botswana to Russia were Jewellery ($29), Knit Sweaters ($7), and Non-Knit Men's Suits ($5). During the last 5 years the exports of Botswana to Russia have decreased at an annualized rate of 76.8%, from $1.46M in 2022 to $52 in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2022, countries that imported more from Russia than Botswana included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Botswana than Russia included South Africa ($836M), Israel ($498M), and Namibia ($111M).

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

Comparative Advantage Russia - Botswana

Flow
Scale

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

During 2022, Russia had a large net trade with Botswana in the exports of Precious Metals ($49.5M), Machines ($111k), and Stone And Glass ($3.44k).

During 2017, Botswana had a large net trade with Russia in the exports of Precious Metals ($29) and Textiles ($23).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Botswana+$2.96MDiamonds
Top Product Potential Botswana Russia+$5.63kDiamonds

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

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

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