2022
Flag  
GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 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
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Botswana-Iran Trade: In 2016, Botswana exported $401k to Iran. The main products that Botswana exported to Iran were N/A. Over the past 5 years the exports of Botswana to Iran have decreased at an annualized rate of 26.6%, from $1.88M in 2011 to $401k in 2016.

In 2016, Botswana did not export any services to Iran.

Iran-Botswana Trade: In 2016, Iran exported $7.95k to Botswana. The main products that Iran exported to Botswana were Knotted Carpets ($6.2k), Other Plastic Products ($1.37k), and Paper Labels ($345). Over the past 5 years the exports of Iran to Botswana have increased at an annualized rate of 20.9%,  from $3.07k in 2011 to $7.95k in 2016.

In 2016, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Botswana exported $401k to Iran. There were not main exports from Botswana to Iran in 2016. During the last 5 years the exports of Botswana to Iran have decreased at an annualized rate of 26.6%, from $1.88M in 2011 to $401k in 2016.

In 2017, Iran exported $7.95k to Botswana. The main products exported from Iran to Botswana were Knotted Carpets ($6.2k), Other Plastic Products ($1.37k), and Paper Labels ($345). During the last 5 years the exports of Iran to Botswana have increased at an annualized rate of 20.9%, from $3.07k in 2022 to $7.95k in 2017.

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

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

Market Competitiveness

Color
Botswana
Top Destination
United Arab Emirates$2.31B
Iran
Top Destination
China$5.72B

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

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

In 2022, countries that imported more from Iran than Botswana included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Botswana - Iran

Flow
Scale

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

During 2016, Botswana had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Botswana in the exports of Textiles ($6.2k), Plastics and Rubbers ($1.37k), and Paper Goods ($345).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Botswana Iran+$2.4kInsulated Wire
Top Product Potential Iran Botswana+$6.13kKnotted Carpets

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

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

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