2022
Flag  
GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
GDP PC 
$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 82 / 186

About

In N/A, Botswana did not export any services to Venezuela.

Venezuela-Botswana Trade: In N/A, Venezuela exported $38.2k to Botswana. The main products that Venezuela exported to Botswana were Spring, Air, and Gas Guns ($38.2k). Over the past N/A years the exports of Venezuela to Botswana have increased at an annualized rate of 387%,  from $14 in N/A to $38.2k in N/A.

In N/A, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

Botswana does not register exports to Venezuela.

In 2017, Venezuela exported $38.2k to Botswana. The main products exported from Venezuela to Botswana were Spring, Air, and Gas Guns ($38.2k). During the last 5 years the exports of Venezuela to Botswana have increased at an annualized rate of 387%, from $14 in 2022 to $38.2k in 2017.

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

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

Market Competitiveness

Color
Botswana
Top Destination
United Arab Emirates$2.31B
Venezuela
Top Destination
China$703M

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

In 2022, countries that imported more from Botswana than Venezuela included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

In 2022, countries that imported more from Venezuela than Botswana included Turkey ($597M), Spain ($518M), and China ($703M).

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

Comparative Advantage Botswana - Venezuela

Flow
Scale

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

During 2017, Venezuela had a large net trade with Botswana in the exports of Weapons ($38.2k).

Economic Complexity

Competitive Landscape

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

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

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