2023
Flag  
GDP
$19.4BCURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP GROWTH
35.9%CURRENT US$
Rnk 102 / 195
2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC 
$7,820CURRENT US$
Rnk 99 / 195
2013-2023
Flag
GDP PC GROWTH
17.3%CURRENT US$
Rnk 110 / 195
2023
Flag
GDP PC
$5,839CURRENT US$
Rnk 116 / 196
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
Rnk 70 / 195

About

Botswana-Mongolia Trade: In 2019, Botswana exported $375 to Mongolia. The main products that Botswana exported to Mongolia were N/A. Over the past 8 years the exports of Botswana to Mongolia have decreased at an annualized rate of 34.5%, from $11.1k in 2011 to $375 in 2019.

In 2019, Botswana did not export any services to Mongolia.

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

In 2019, Mongolia did not export any services to Botswana.

Comparison: In 2023,  Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Botswana exported $375 to Mongolia. There were not main exports from Botswana to Mongolia in 2019. During the last 8 years the exports of Botswana to Mongolia have decreased at an annualized rate of 34.5%, from $11.1k in 2011 to $375 in 2019.

Mongolia does not register exports to Botswana.

Exports from Botswana (Flag) to Mongolia (Flag) (2019)

Exports from Mongolia (Flag) to Botswana (Flag) (2019)

Market Competitiveness

Color
Botswana
Top Destination
United Arab Emirates$1.81B
Mongolia
Top Destination
China$13.1B

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

In 2023, countries that imported more from Botswana than Mongolia included United Arab Emirates ($1.81B), India ($1.15B), and Belgium ($1.08B).

In 2023, countries that imported more from Mongolia than Botswana included China ($13.1B), Switzerland ($842M), and Italy ($87.7M).

Difference in imports from Mongolia (Flag) and Botswana (Flag) (2023)

Comparative Advantage Botswana - Mongolia

Flow
Scale

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

During 2019, Botswana had a large net trade with Mongolia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Botswana Mongolia+$1.61kDelivery Trucks
Top Product Potential Mongolia Botswana+$1.18kCoal Briquettes

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

Product Space of Botswana (Flag) and Mongolia (Flag) (2019)

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