Botswana (BWA) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Botswana-North Macedonia Trade: In 2022, Botswana exported $120k to North Macedonia. The main products that Botswana exported to North Macedonia were Insulated Wire ($108k), Electrical Power Accessories ($4.91k), and Low-voltage Protection Equipment ($2.62k). Over the past 6 years the exports of Botswana to North Macedonia have increased at an annualized rate of 110%, from $1.39k in 2016 to $120k in 2022.

In 2022, Botswana did not export any services to North Macedonia.

North Macedonia-Botswana Trade: In 2022, North Macedonia exported $109k to Botswana. The main products that North Macedonia exported to Botswana were Broadcasting Equipment ($105k), Low-voltage Protection Equipment ($2.27k), and Sports Equipment ($1.32k). Over the past 6 years the exports of North Macedonia to Botswana have increased at an annualized rate of 83.8%, from $135 in 2016 to $109k in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $120k to North Macedonia. The main products exported from Botswana to North Macedonia were Insulated Wire ($108k), Electrical Power Accessories ($4.91k), and Low-voltage Protection Equipment ($2.62k). During the last 6 years the exports of Botswana to North Macedonia have increased at an annualized rate of 110%, from $1.39k in 2016 to $120k in 2022.

In 2017, North Macedonia exported $109k to Botswana. The main products exported from North Macedonia to Botswana were Broadcasting Equipment ($105k), Low-voltage Protection Equipment ($2.27k), and Sports Equipment ($1.32k). During the last 5 years the exports of North Macedonia to Botswana have increased at an annualized rate of 83.8%, from $135 in 2022 to $109k in 2017.

Exports from Botswana () to North Macedonia () (2022)

Exports from North Macedonia () to Botswana () (2022)

Latest Data

Trade between Botswana () and North Macedonia ()

Botswana Exports

Date

North Macedonia Exports

Date

Jan 2020

Dec 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Botswana than North Macedonia included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

In 2022, countries that imported more from North Macedonia than Botswana included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Botswana () (2022)

Comparative Advantage Botswana - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Botswana had a large net trade with North Macedonia in the exports of Machines ($118k), Plastics and Rubbers ($2.35k), and Paper Goods ($1).

During 2017, North Macedonia had a large net trade with Botswana in the exports of Machines ($108k), Miscellaneous ($1.32k), and Plastics and Rubbers ($3).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana North Macedonia+$150kInsulated Wire

Top Product Potential North Macedonia Botswana+$52.9kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to North Macedonia () (2022)

Exports from North Macedonia () to Botswana () (2022)

Latest Data

Trade between Botswana () and North Macedonia ()

Botswana Exports

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Botswana () (2022)

Comparative Advantage Botswana - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and North Macedonia () (2022)

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