Botswana (BWA) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Botswana-Ecuador Trade: In 2021, Botswana exported $5.63k to Ecuador. The main products that Botswana exported to Ecuador were N/A. Over the past 8 years the exports of Botswana to Ecuador have increased at an annualized rate of 0.76%, from $5.3k in 2013 to $5.63k in 2021.

In 2021, Botswana did not export any services to Ecuador.

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

In 2021, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Botswana exported $5.63k to Ecuador. There were not main exports from Botswana to Ecuador in 2021. During the last 8 years the exports of Botswana to Ecuador have increased at an annualized rate of 0.76%, from $5.3k in 2013 to $5.63k in 2021.

Ecuador does not register exports to Botswana. The main products exported from Ecuador to Botswana were Vaccines, blood, antisera, toxins and cultures ($7.29k).

Exports from Botswana () to Ecuador () (2022)

Exports from Ecuador () to Botswana () (2022)

Latest Data

Trade between Botswana () and Ecuador ()

Ecuador Exports

Date

Jun 2015

May 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Ecuador
Top DestinationUnited States$9.86B

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

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

In 2022, countries that imported more from Ecuador than Botswana included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Botswana - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Botswana had a large net trade with Ecuador in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Ecuador+$2.03kInsulated Wire

Top Product Potential Ecuador Botswana+$5.13kVaccines, blood, antisera, toxins and cultures

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

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Historical Data

Bilateral Trade by Products

Exports from Botswana () to Ecuador () (2022)

Exports from Ecuador () to Botswana () (2022)

Latest Data

Trade between Botswana () and Ecuador ()

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Botswana - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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