2023
Exports
$5.33BWorld Rnk 7 / 135
Flag Rnk 1 / 964
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$1.08BWorld Rnk 11 / 158
Flag Rnk 2 / 1157
2023
ECONOMIC COMPLEXITY of Botswana
-0.41Rnk 80 / 132

About

Exports In 2023, Botswana exported $5.33B in Diamonds, making it the 7th largest exporter of Diamonds in the world. At the same year, Diamonds was the 1st most exported product in Botswana. The main destination of Diamonds exports from Botswana are: United Arab Emirates ($1.81B), India ($1.11B), Belgium ($1.08B), United States ($456M), and Hong Kong ($287M).

The fastest growing export markets for Diamonds of Botswana between 2022 and 2023 were India ($628M), United States ($262M), and Sri Lanka ($24.9M).

Imports In 2023, Botswana imported $1.08B in Diamonds, becoming the 11th largest importer of Diamonds in the world. At the same year, Diamonds was the 2nd most imported product in Botswana. Botswana imports Diamonds primarily from: Canada ($291M), South Africa ($247M), Namibia ($218M), Armenia ($114M), and India ($76.8M).

The fastest growing import markets in Diamonds for Botswana between 2022 and 2023 were Armenia ($114M), Canada ($2.29M), and Angola ($1.46M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Diamonds. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.33B
IMPORTS (2023)$1.08B
NET TRADE (2023)$4.25B

In 2023, Botswana exported $5.33B in Diamonds. The main destinations of Botswana exports on Diamonds were United Arab Emirates ($1.81B), India ($1.11B), Belgium ($1.08B), United States ($456M), and Hong Kong ($287M).

In 2023, Botswana imported $1.08B in Diamonds, mainly from Canada ($291M), South Africa ($247M), Namibia ($218M), Armenia ($114M), and India ($76.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Botswana WERE (2022 - 2023):
India$628M (131%)
United States$262M (135%)
Sri Lanka$24.9M (1.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Botswana WERE (2022 - 2023):
United Arab Emirates-$652M (-26.5%)
Belgium-$380M (-26.1%)
Israel-$283M (-56.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Botswana' main exporting competitors in Diamonds were:
In 2023, Botswana' main importing competitors in Diamonds were:

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $167M
TOP IMPORT POTENTIALIndia+ $22.1M

Diamonds’s highest export potential is India. With an export gap of $167M.   Diamonds’s highest import potential is India with an import gap of $22.1M.

See methodology.

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