Botswana (BWA) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Botswana-Russia Trade: In 2023, Botswana exported $572 to Russia. The main products that Botswana exported to Russia were Other Hides and Skins ($289), Raw Bones ($250), and Hard Liquor ($33). Over the past 5 years the exports of Botswana to Russia have decreased at an annualized rate of 74%, from $483k in 2018 to $572 in 2023.

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

Russia-Botswana Trade: In 2023, Russia exported $146k to Botswana. The main products that Russia exported to Botswana were N/A. Over the past 5 years the exports of Russia to Botswana have decreased at an annualized rate of 68.1%, from $43.8M in 2018 to $146k in 2023.

In 2020, Russia exported services to Botswana worth $14k, with Financial services ($5k), Computer and information services ($5k), and Other business services ($4k) being the largest in terms of value.

Comparison: In 2023, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Botswana exported $572 to Russia. The main products exported from Botswana to Russia were Other Hides and Skins ($289), Raw Bones ($250), and Hard Liquor ($33). During the last 5 years the exports of Botswana to Russia have decreased at an annualized rate of 74%, from $483k in 2018 to $572 in 2023.

In 2018, Russia exported $146k to Botswana. There were not main exports from Russia to Botswana in 2018. During the last 5 years the exports of Russia to Botswana have decreased at an annualized rate of 68.1%, from $43.8M in 2023 to $146k in 2018.

Exports from Botswana () to Russia () (2023)

Exports from Russia () to Botswana () (2023)

Latest Data

Trade between Botswana () and Russia ()

Botswana Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$1.81B

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Botswana than Russia included Australia ($123M), Cambodia ($68M), and Anguilla ($33.6M).

In 2023, countries that imported more from Russia than Botswana included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Botswana - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Botswana had a large net trade with Russia in the exports of Animal Hides ($289), Animal Products ($250), and Foodstuffs ($33).

During 2018, Russia had a large net trade with Botswana in the exports of Instruments ($49.5k), Foodstuffs ($46.8k), and Plastics and Rubbers ($37.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Russia+$5.63kDiamonds

Top Product Potential Russia Botswana+$2.96MDiamonds

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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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Botswana worth $14k, with Financial services ($5k), Computer and information services ($5k), and Other business services ($4k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Botswana () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Botswana and Russia. This means that a dot/product with the flag of Botswana indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Botswana.

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Russia () (2023)

Exports from Russia () to Botswana () (2023)

Latest Data

Trade between Botswana () and Russia ()

Botswana Exports

Russia Exports

Market Competitiveness

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

Comparative Advantage Botswana - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Botswana () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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