Botswana (BWA) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Botswana-Norway Trade: In 2023, Botswana exported $11.5M to Norway. The main products that Botswana exported to Norway were Frozen Bovine Meat ($11.4M), Phosphoric Esters and Salts ($30.8k), and Raw Bones ($7.77k). Over the past 5 years the exports of Botswana to Norway have decreased at an annualized rate of 12.4%, from $22.3M in 2018 to $11.5M in 2023.

In 2023, Botswana did not export any services to Norway.

Norway-Botswana Trade: In 2023, Norway exported $82.6k to Botswana. The main products that Norway exported to Botswana were Packaged Medicaments ($58.4k), Interchangeable Tool Parts ($11k), and Motor vehicles; parts and accessories (8701 to 8705) ($6.92k). Over the past 5 years the exports of Norway to Botswana have decreased at an annualized rate of 5.92%, from $112k in 2018 to $82.6k in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Botswana exported $11.5M to Norway. The main products exported from Botswana to Norway were Frozen Bovine Meat ($11.4M), Phosphoric Esters and Salts ($30.8k), and Raw Bones ($7.77k). During the last 5 years the exports of Botswana to Norway have decreased at an annualized rate of 12.4%, from $22.3M in 2018 to $11.5M in 2023.

In 2018, Norway exported $82.6k to Botswana. The main products exported from Norway to Botswana were Packaged Medicaments ($58.4k), Interchangeable Tool Parts ($11k), and Motor vehicles; parts and accessories (8701 to 8705) ($6.92k). During the last 5 years the exports of Norway to Botswana have decreased at an annualized rate of 5.92%, from $112k in 2023 to $82.6k in 2018.

Exports from Botswana () to Norway () (2023)

Exports from Norway () to Botswana () (2023)

Latest Data

Trade between Botswana () and Norway ()

Botswana Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$1.81B

Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Botswana than Norway included United Arab Emirates ($1.81B), South Africa ($548M), and India ($1.15B).

In 2023, countries that imported more from Norway than Botswana included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

Difference in imports from Norway () and Botswana () (2023)

Comparative Advantage Botswana - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Botswana had a large net trade with Norway in the exports of Animal Products ($11.4M), Chemical Products ($30.8k), and Plastics and Rubbers ($1.79k).

During 2018, Norway had a large net trade with Botswana in the exports of Chemical Products ($58.4k), Metals ($11.7k), and Transportation ($6.92k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Norway+$77.1kIron Structures

Top Product Potential Norway Botswana+$75kComputers

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

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Norway () (2023)

Exports from Norway () to Botswana () (2023)

Latest Data

Trade between Botswana () and Norway ()

Botswana Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Botswana () (2023)

Comparative Advantage Botswana - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and Norway () (2023)

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