2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 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 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 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

Sweden-Botswana Trade: In 2023, Sweden exported $8.28M to Botswana. The main products that Sweden exported to Botswana were X-Ray Equipment ($1.57M), Excavation Machinery ($1.32M), and Liquid Pumps ($724k). Over the past 5 years the exports of Sweden to Botswana have increased at an annualized rate of 38.9%, from $1.6M in 2018 to $8.28M in 2023.

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

Botswana-Sweden Trade: In 2023, Botswana exported $17.5k to Sweden. The main products that Botswana exported to Sweden were Computers ($9.97k), Diamonds ($5.66k), and Non-Knit Women's Suits ($421). Over the past 5 years the exports of Botswana to Sweden have increased at an annualized rate of 1.14%,  from $14.5k in 2018 to $17.5k in 2023.

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

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). 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, Sweden exported $8.28M to Botswana. The main products exported from Sweden to Botswana were X-Ray Equipment ($1.57M), Excavation Machinery ($1.32M), and Liquid Pumps ($724k). During the last 5 years the exports of Sweden to Botswana have increased at an annualized rate of 38.9%, from $1.6M in 2018 to $8.28M in 2023.

In 2018, Botswana exported $17.5k to Sweden. The main products exported from Botswana to Sweden were Computers ($9.97k), Diamonds ($5.66k), and Non-Knit Women's Suits ($421). During the last 5 years the exports of Botswana to Sweden have increased at an annualized rate of 1.14%, from $14.5k in 2023 to $17.5k in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Botswana
Top Destination
United Arab Emirates$1.81B

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

In 2023, countries that imported more from Sweden than Botswana included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, countries that imported more from Botswana than Sweden included United Arab Emirates ($1.81B), Cambodia ($68M), and Zimbabwe ($63.5M).

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

Comparative Advantage Sweden - Botswana

Flow
Scale

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

During 2023, Sweden had a large net trade with Botswana in the exports of Machines ($4.33M), Instruments ($2.25M), and Metals ($969k).

During 2018, Botswana had a large net trade with Sweden in the exports of Machines ($9.98k), Precious Metals ($5.66k), and Textiles ($876).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Botswana+$596kExcavation Machinery
Top Product Potential Botswana Sweden+$6.59kTransmissions

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

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

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