2022
Flag  
GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 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
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

Botswana-Trinidad and Tobago Trade: In 2022, Botswana exported $498 to Trinidad and Tobago. The main products that Botswana exported to Trinidad and Tobago were Brochures ($439) and Paintings ($59). Over the past 8 years the exports of Botswana to Trinidad and Tobago have increased at an annualized rate of 15.8%, from $154 in 2014 to $498 in 2022.

In 2022, Botswana did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Botswana Trade: In 2022, Trinidad and Tobago exported $33.6k to Botswana. The main products that Trinidad and Tobago exported to Botswana were Hard Liquor ($33.1k), Medical Instruments ($224), and Low-voltage Protection Equipment ($94). Over the past 8 years the exports of Trinidad and Tobago to Botswana have increased at an annualized rate of 94.7%,  from $1.2k in 2014 to $33.6k in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Botswana exported $498 to Trinidad and Tobago. The main products exported from Botswana to Trinidad and Tobago were Brochures ($439) and Paintings ($59). During the last 8 years the exports of Botswana to Trinidad and Tobago have increased at an annualized rate of 15.8%, from $154 in 2014 to $498 in 2022.

In 2017, Trinidad and Tobago exported $33.6k to Botswana. The main products exported from Trinidad and Tobago to Botswana were Hard Liquor ($33.1k), Medical Instruments ($224), and Low-voltage Protection Equipment ($94). During the last 5 years the exports of Trinidad and Tobago to Botswana have increased at an annualized rate of 94.7%, from $1.2k in 2022 to $33.6k in 2017.

Exports from Botswana (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Botswana (Flag) (2022)

Latest Data

Trade between Botswana (Flag) and Trinidad and Tobago (Flag)

Botswana Exports

Market Competitiveness

Color
Botswana
Top Destination
United Arab Emirates$2.31B
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from Botswana than Trinidad and Tobago included United Arab Emirates ($2.31B), India ($1.28B), and South Africa ($836M).

In 2022, countries that imported more from Trinidad and Tobago than Botswana included United States ($4.91B), Morocco ($740M), and Spain ($580M).

Difference in imports from Trinidad and Tobago (Flag) and Botswana (Flag) (2022)

Comparative Advantage Botswana - Trinidad and Tobago

Flow
Scale

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

During 2022, Botswana had a large net trade with Trinidad and Tobago in the exports of Paper Goods ($439) and Arts and Antiques ($59).

During 2017, Trinidad and Tobago had a large net trade with Botswana in the exports of Foodstuffs ($33.1k), Instruments ($224), and Textiles ($136).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Botswana Trinidad and Tobago+$1.5kRefined Petroleum
Top Product Potential Trinidad and Tobago Botswana+$24.1kHard Liquor

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

Product Space of Botswana (Flag) and Trinidad and Tobago (Flag) (2022)

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