2022
Flag  
GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC 
$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Botswana-Belgium Trade: 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). Over the past 5 years the exports of Botswana to Belgium have increased at an annualized rate of 2.48%, from $1.38B in 2017 to $1.55B in 2022.

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

Belgium-Botswana Trade: In 2022, Belgium exported $397M to Botswana. The main products that Belgium exported to Botswana were Diamonds ($382M), Vaccines, blood, antisera, toxins and cultures ($4.88M), and Other Plastic Products ($2.14M). Over the past 5 years the exports of Belgium to Botswana have increased at an annualized rate of 35.3%,  from $87.5M in 2017 to $397M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Botswana to Belgium have increased at an annualized rate of 2.48%, from $1.38B in 2017 to $1.55B in 2022.

In 2017, 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 5 years the exports of Belgium to Botswana have increased at an annualized rate of 35.3%, from $87.5M in 2022 to $397M in 2017.

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

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

Latest Data

Trade between Botswana (Flag) and Belgium (Flag)

Botswana Exports

Belgium Exports

Market Competitiveness

Color
Botswana
Top Destination
United Arab Emirates$2.31B
Belgium
Top Destination
Germany$91.9B

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

In 2022, countries that imported more from Botswana than Belgium included Namibia ($111M), Anguilla ($50M), and Zimbabwe ($62.6M).

In 2022, countries that imported more from Belgium than Botswana included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Botswana - Belgium

Flow
Scale

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

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).

During 2017, Belgium had a large net trade with Botswana in the exports of Precious Metals ($382M), Chemical Products ($7.52M), and Machines ($2.73M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Botswana Belgium+$682kPrecious Metal Scraps
Top Product Potential Belgium Botswana+$2.19MPackaged Medicaments

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

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

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