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Pricing

2022
Flag → Flag
Exports $397MRnk 72 / 222
2022
Flag → Flag
Top Product $382MDiamonds
2022
Flag → Flag
Exports $1.55BRnk 2 / 129
2022
Flag → Flag
Top Product $1.55BDiamonds
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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Economic Complexity (ECI) ECI -0.69Rnk 89 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
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GDP GROWTH46.3%CURRENT US$
Rnk 73 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$7,738CURRENT US$
Rnk 86 / 186
2012-2022
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GDP PC GROWTH21%CURRENT US$
Rnk 82 / 186

About

Belgium-Botswana In 2022, Belgium exported $397M to Botswana. The main products that Belgium exported to Botswana are Diamonds ($382M), Vaccines, blood, antisera, toxins and cultures ($4.88M), and Other Plastic Products ($2.14M). During the last 22 years the exports of Belgium to Botswana have increased at an annualized rate of 22.2%, from $4.79M in 2000 to $397M in 2022.

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

Botswana-Belgium In 2022, Botswana exported $1.55B to Belgium. The main products that Botswana exported to Belgium were Diamonds ($1.55B), Non-Iron and Steel Slag, Ash and Residues ($2.56M), and Centrifuges ($1.15M). During the last 22 years the exports of Botswana to Belgium have increased at an annualized rate of 32.7%, from $3.08M in 2000 to $1.55B in 2022.

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

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Botswana ranked 89 in the Economic Complexity Index (ECI -0.69), and 107 in total exports ($8.65B).

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €304k and imported €87.2M from Botswana, resulting in a negative trade balance of €86.9M. Between December 2022 and December 2023 the exports of Belgium have decreased by €-3.84M (-92.7%) from €4.14M to €304k, while imports decreased by €-12.3M (-12.4%) from €99.5M to €87.2M.

Trade In December 2023, the top exports of Belgium to Botswana were Precious stones, metals, & pearls (€16.3M), Pharmaceutical products (€815k), Optical, photo, & film equipment; medical... (€357k), Machinery, mechanical appliances, & parts (€75.8k), and Plastics & articles thereof (€67.8k). In December 2023 the top imports of Belgium from Botswana were Precious stones, metals, & pearls (€68.6M), Live trees, plants, bulbs, cut flowers,... (€30.1k), and Optical, photo, & film equipment; medical... (€15.7k).

Growth In December 2023, the decrease in Belgium's year-by-year exports to Botswana was explained primarily by an decrease in product exports in Precious stones, metals, & pearls (€-26.4M or -61.8%) and Pharmaceutical products (€-6.43M or -88.8%). In December 2023, the decrease in Belgium's year-by-year imports  from Botswana was explained primarily by an decrease in product imports  in Precious stones, metals, & pearls (€-23.3M or -25.3%) and Live trees, plants, bulbs, cut flowers,... (€-16.3k or -35.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-3.84M(-92.7%)
IMPORT GROWTH (December 2022 - December 2023)€-12.3M(-12.4%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $397M to Botswana. The main products exported from Belgium to Botswana were Diamonds ($382M), Vaccines, blood, antisera, toxins and cultures ($4.88M), and Other Plastic Products ($2.14M). During the last 22 years the exports of Belgium to Botswana have increased at an annualized rate of 22.2%, from $4.79M in 2000 to $397M in 2022.

In 2022, Botswana exported $1.55B to Belgium. The main products exported from Botswana to Belgium were Diamonds ($1.55B), Non-Iron and Steel Slag, Ash and Residues ($2.56M), and Centrifuges ($1.15M). During the last 22 years the exports of Botswana to Belgium have increased at an annualized rate of 32.7%, from $3.08M in 2000 to $1.55B in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2021, countries that imported more from Belgium than Botswana were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from Botswana than Belgium were Namibia ($111M), Anguilla ($50M), and Zimbabwe ($62.6M).

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

Comparative Advantage Belgium - Botswana

Flow
Scale

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

During 2022, Belgium had a large net trade with Botswana in the exports of Precious Metals ($382M), Chemical Products ($7.52M), and Machines ($2.73M).

During 2022, Botswana had a large net trade with Belgium in the exports of Precious Metals ($1.55B), Mineral Products ($2.56M), and Machines ($1.16M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Botswana. Similarly, the more yellow a dot/product is, the more Botswana has comparative advantage over Belgium.

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

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