Botswana (BWA) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Botswana-Spain Trade: In 2022, Botswana exported $21.3M to Spain. The main products that Botswana exported to Spain were Copper Ore ($15.2M), Coal Briquettes ($5.9M), and Aircraft Parts ($130k). Over the past 5 years the exports of Botswana to Spain have increased at an annualized rate of 42.3%, from $3.64M in 2017 to $21.3M in 2022.

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

Spain-Botswana Trade: In 2022, Spain exported $5.94M to Botswana. The main products that Spain exported to Botswana were Vinyl Chloride Polymers ($1.47M), Packaged Medicaments ($1.19M), and Low-voltage Protection Equipment ($812k). Over the past 5 years the exports of Spain to Botswana have decreased at an annualized rate of 3.1%, from $6.95M in 2017 to $5.94M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $21.3M to Spain. The main products exported from Botswana to Spain were Copper Ore ($15.2M), Coal Briquettes ($5.9M), and Aircraft Parts ($130k). During the last 5 years the exports of Botswana to Spain have increased at an annualized rate of 42.3%, from $3.64M in 2017 to $21.3M in 2022.

In 2017, Spain exported $5.94M to Botswana. The main products exported from Spain to Botswana were Vinyl Chloride Polymers ($1.47M), Packaged Medicaments ($1.19M), and Low-voltage Protection Equipment ($812k). During the last 5 years the exports of Spain to Botswana have decreased at an annualized rate of 3.1%, from $6.95M in 2022 to $5.94M in 2017.

Exports from Botswana () to Spain () (2022)

Exports from Spain () to Botswana () (2022)

Latest Data

Trade between Botswana () and Spain ()

Botswana Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Botswana than Spain included United Arab Emirates ($2.31B), Cambodia ($120M), and Namibia ($111M).

In 2022, countries that imported more from Spain than Botswana included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Botswana - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Botswana had a large net trade with Spain in the exports of Mineral Products ($21.1M), Transportation ($133k), and Machines ($14.5k).

During 2017, Spain had a large net trade with Botswana in the exports of Plastics and Rubbers ($1.71M), Machines ($1.69M), and Chemical Products ($1.31M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Spain+$4.65MCopper Ore

Top Product Potential Spain Botswana+$1.61MPackaged 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Spain () (2022)

Exports from Spain () to Botswana () (2022)

Latest Data

Trade between Botswana () and Spain ()

Botswana Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Botswana - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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