Botswana (BWA) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Botswana-Thailand Trade: In 2022, Botswana exported $3.5M to Thailand. The main products that Botswana exported to Thailand were Diamonds ($3.49M), Razor Blades ($12.3k), and Gaskets ($187). Over the past 5 years the exports of Botswana to Thailand have decreased at an annualized rate of 7.76%, from $5.24M in 2017 to $3.5M in 2022.

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

Thailand-Botswana Trade: In 2022, Thailand exported $9.13M to Botswana. The main products that Thailand exported to Botswana were Processed Fish ($5.36M), Large Construction Vehicles ($1.08M), and Rice ($594k). Over the past 5 years the exports of Thailand to Botswana have increased at an annualized rate of 22.5%, from $3.32M in 2017 to $9.13M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $3.5M to Thailand. The main products exported from Botswana to Thailand were Diamonds ($3.49M), Razor Blades ($12.3k), and Gaskets ($187). During the last 5 years the exports of Botswana to Thailand have decreased at an annualized rate of 7.76%, from $5.24M in 2017 to $3.5M in 2022.

In 2017, Thailand exported $9.13M to Botswana. The main products exported from Thailand to Botswana were Processed Fish ($5.36M), Large Construction Vehicles ($1.08M), and Rice ($594k). During the last 5 years the exports of Thailand to Botswana have increased at an annualized rate of 22.5%, from $3.32M in 2022 to $9.13M in 2017.

Exports from Botswana () to Thailand () (2022)

Exports from Thailand () to Botswana () (2022)

Latest Data

Trade between Botswana () and Thailand ()

Botswana Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Thailand
Top DestinationUnited States$53.4B

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

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

In 2022, countries that imported more from Thailand than Botswana included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Botswana - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Botswana had a large net trade with Thailand in the exports of Precious Metals ($3.49M), Metals ($12.3k), and Machines ($418).

During 2017, Thailand had a large net trade with Botswana in the exports of Foodstuffs ($5.37M), Machines ($1.7M), and Plastics and Rubbers ($857k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Thailand+$9.19MDiamonds

Top Product Potential Thailand Botswana+$779kRice

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

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Thailand () (2022)

Exports from Thailand () to Botswana () (2022)

Latest Data

Trade between Botswana () and Thailand ()

Botswana Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Botswana - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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