Botswana (BWA) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Botswana-Colombia Trade: In 2022, Botswana exported $7.22k to Colombia. The main products that Botswana exported to Colombia were Diamonds ($7.22k) and Locust beans, seaweed, sugar beet, cane, for food ($2). Over the past 5 years the exports of Botswana to Colombia have decreased at an annualized rate of 8.92%, from $11.5k in 2017 to $7.22k in 2022.

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

Colombia-Botswana Trade: In 2022, Colombia exported $1.22k to Botswana. The main products that Colombia exported to Botswana were Other Footwear ($598), Other Women's Undergarments ($277), and Rubber Footwear ($153). Over the past 5 years the exports of Colombia to Botswana have decreased at an annualized rate of 7.15%, from $1.77k in 2017 to $1.22k in 2022.

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

Comparison In N/A, Botswana ranked 107 in total exports ($8.65B). That same year, Colombia ranked 53 in total exports ($60.3B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $7.22k to Colombia. The main products exported from Botswana to Colombia were Diamonds ($7.22k) and Locust beans, seaweed, sugar beet, cane, for food ($2). During the last 5 years the exports of Botswana to Colombia have decreased at an annualized rate of 8.92%, from $11.5k in 2017 to $7.22k in 2022.

In 2017, Colombia exported $1.22k to Botswana. The main products exported from Colombia to Botswana were Other Footwear ($598), Other Women's Undergarments ($277), and Rubber Footwear ($153). During the last 5 years the exports of Colombia to Botswana have decreased at an annualized rate of 7.15%, from $1.77k in 2022 to $1.22k in 2017.

Exports from Botswana () to Colombia () (2022)

Exports from Colombia () to Botswana () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Botswana than Colombia included United Arab Emirates ($2.31B), Belgium ($1.55B), and South Africa ($836M).

In 2022, countries that imported more from Colombia than Botswana included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

Difference in imports from Colombia () and Botswana () (2022)

Comparative Advantage Botswana - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Botswana had a large net trade with Colombia in the exports of Precious Metals ($7.22k) and Vegetable Products ($2).

During 2017, Colombia had a large net trade with Botswana in the exports of Footwear and Headwear ($751) and Textiles ($470).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Colombia+$33.6kDiamonds

Top Product Potential Colombia Botswana+N/AN/A

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

Year

This visualization shows the product space at the HS4 level with the flags of Botswana and Colombia. This means that a dot/product with the flag of Botswana indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Botswana.

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Colombia () (2022)

Exports from Colombia () to Botswana () (2022)

Market Competitiveness

Difference in imports from Colombia () and Botswana () (2022)

Comparative Advantage Botswana - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and Colombia () (2022)

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