Botswana (BWA) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Botswana-Singapore Trade: In 2022, Botswana exported $395M to Singapore. The main products that Botswana exported to Singapore were Diamonds ($380M), Copper Ore ($13.2M), and Aircraft Parts ($1.57M). Over the past 5 years the exports of Botswana to Singapore have decreased at an annualized rate of 4.04%, from $486M in 2017 to $395M in 2022.

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

Singapore-Botswana Trade: In 2022, Singapore exported $54.9M to Botswana. The main products that Singapore exported to Botswana were Diamonds ($52.2M), Integrated Circuits ($461k), and Chemical Analysis Instruments ($382k). Over the past 5 years the exports of Singapore to Botswana have increased at an annualized rate of 16.9%, from $18.4M in 2017 to $54.9M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $395M to Singapore. The main products exported from Botswana to Singapore were Diamonds ($380M), Copper Ore ($13.2M), and Aircraft Parts ($1.57M). During the last 5 years the exports of Botswana to Singapore have decreased at an annualized rate of 4.04%, from $486M in 2017 to $395M in 2022.

In 2017, Singapore exported $54.9M to Botswana. The main products exported from Singapore to Botswana were Diamonds ($52.2M), Integrated Circuits ($461k), and Chemical Analysis Instruments ($382k). During the last 5 years the exports of Singapore to Botswana have increased at an annualized rate of 16.9%, from $18.4M in 2022 to $54.9M in 2017.

Exports from Botswana () to Singapore () (2022)

Exports from Singapore () to Botswana () (2022)

Latest Data

Trade between Botswana () and Singapore ()

Botswana Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Botswana than Singapore included Namibia ($111M), Zambia ($70.6M), and Anguilla ($50M).

In 2022, countries that imported more from Singapore than Botswana included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Botswana () (2022)

Comparative Advantage Botswana - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Botswana had a large net trade with Singapore in the exports of Precious Metals ($380M), Mineral Products ($13.2M), and Transportation ($1.57M).

During 2017, Singapore had a large net trade with Botswana in the exports of Precious Metals ($52.2M), Machines ($1.64M), and Instruments ($454k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Singapore+$11kMedical Instruments

Top Product Potential Singapore Botswana+$4.71MDiamonds

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

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Singapore () (2022)

Exports from Singapore () to Botswana () (2022)

Latest Data

Trade between Botswana () and Singapore ()

Botswana Exports

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Botswana () (2022)

Comparative Advantage Botswana - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and Singapore () (2022)

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