2022
Flag  
GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Botswana-Norway Trade: In 2022, Botswana exported $11.7M to Norway. The main products that Botswana exported to Norway were Frozen Bovine Meat ($11.6M), Iron Structures ($52.7k), and Glass Mirrors ($25.7k). Over the past 5 years the exports of Botswana to Norway have decreased at an annualized rate of 11.5%, from $21.6M in 2017 to $11.7M in 2022.

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

Norway-Botswana Trade: In 2022, Norway exported $122k to Botswana. The main products that Norway exported to Botswana were Computers ($44.7k), Excavation Machinery ($27.7k), and Interchangeable Tool Parts ($11.2k). Over the past 5 years the exports of Norway to Botswana have increased at an annualized rate of 3.83%,  from $93.4k in 2017 to $122k in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Botswana exported $11.7M to Norway. The main products exported from Botswana to Norway were Frozen Bovine Meat ($11.6M), Iron Structures ($52.7k), and Glass Mirrors ($25.7k). During the last 5 years the exports of Botswana to Norway have decreased at an annualized rate of 11.5%, from $21.6M in 2017 to $11.7M in 2022.

In 2017, Norway exported $122k to Botswana. The main products exported from Norway to Botswana were Computers ($44.7k), Excavation Machinery ($27.7k), and Interchangeable Tool Parts ($11.2k). During the last 5 years the exports of Norway to Botswana have increased at an annualized rate of 3.83%, from $93.4k in 2022 to $122k in 2017.

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

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

Latest Data

Trade between Botswana (Flag) and Norway (Flag)

Botswana Exports

Norway Exports

Market Competitiveness

Color
Botswana
Top Destination
United Arab Emirates$2.31B
Norway
Top Destination
Germany$78.1B

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 2022, countries that imported more from Botswana than Norway included United Arab Emirates ($2.31B), South Africa ($836M), and Hong Kong ($549M).

In 2022, countries that imported more from Norway than Botswana included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Botswana - Norway

Flow
Scale

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

During 2022, Botswana had a large net trade with Norway in the exports of Animal Products ($11.6M), Metals ($61.3k), and Stone And Glass ($25.7k).

During 2017, Norway had a large net trade with Botswana in the exports of Machines ($86.8k), Metals ($11.3k), and Foodstuffs ($9.54k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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