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2020
Flag → Flag
Exports $1.78MRnk 27 / 0
2020
Flag → Flag
Exports $15.2MRnk 23 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.59Rnk 91 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC $7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH21%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Botswana-Armenia Trade: In 2020, Botswana exported $1.78M to Armenia. The main products that Botswana exported to Armenia were N/A. Over the past 5 years the exports of Botswana to Armenia have decreased at an annualized rate of 4.29%, from $2.21M in 2015 to $1.78M in 2020.

In 2020, Botswana did not export any services to Armenia.

Armenia-Botswana In N/A, Armenia did not export any products to Botswana.

In 2020, Armenia did not export any services to Botswana.

Comparison: In 2022,  Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Botswana exported $1.78M to Armenia. There were not main exports from Botswana to Armenia in 2020. During the last 5 years the exports of Botswana to Armenia have decreased at an annualized rate of 4.29%, from $2.21M in 2015 to $1.78M in 2020.

Armenia does not register exports to Botswana.

Exports from Botswana (Flag) to Armenia (Flag) (2020)

Exports from Armenia (Flag) to Botswana (Flag) (2020)

Latest Data

Trade between Botswana (Flag) and Armenia (Flag)

Armenia Exports

Date

Market Competitiveness

Color
Botswana
Top DestinationUnited Arab Emirates$2.31B
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Botswana than Armenia included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

In 2022, countries that imported more from Armenia than Botswana included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

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

Comparative Advantage Botswana - Armenia

Flow
Scale

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

During 2020, Botswana had a large net trade with Armenia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Botswana Armenia+$3.63kDiamonds
Top Product Potential Armenia Botswana+$3.05kDiamonds

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

Product Space of Botswana (Flag) and Armenia (Flag) (2020)

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