Botswana (BWA) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Botswana-Vietnam Trade: In 2022, Botswana exported $18M to Vietnam. The main products that Botswana exported to Vietnam were Diamonds ($18M) and Oscilloscopes ($5). Over the past 5 years the exports of Botswana to Vietnam have decreased at an annualized rate of 11.7%, from $33.4M in 2017 to $18M in 2022.

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

Vietnam-Botswana Trade: In 2022, Vietnam exported $448k to Botswana. The main products that Vietnam exported to Botswana were Microphones and Headphones ($89.4k), Office Machine Parts ($66.8k), and Broadcasting Equipment ($55.3k). Over the past 5 years the exports of Vietnam to Botswana have increased at an annualized rate of 30.1%, from $120k in 2017 to $448k in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $18M to Vietnam. The main products exported from Botswana to Vietnam were Diamonds ($18M) and Oscilloscopes ($5). During the last 5 years the exports of Botswana to Vietnam have decreased at an annualized rate of 11.7%, from $33.4M in 2017 to $18M in 2022.

In 2017, Vietnam exported $448k to Botswana. The main products exported from Vietnam to Botswana were Microphones and Headphones ($89.4k), Office Machine Parts ($66.8k), and Broadcasting Equipment ($55.3k). During the last 5 years the exports of Vietnam to Botswana have increased at an annualized rate of 30.1%, from $120k in 2022 to $448k in 2017.

Exports from Botswana () to Vietnam () (2022)

Exports from Vietnam () to Botswana () (2022)

Latest Data

Trade between Botswana () and Vietnam ()

Botswana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Botswana than Vietnam included Namibia ($111M), Zimbabwe ($62.6M), and Zambia ($70.6M).

In 2022, countries that imported more from Vietnam than Botswana included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Botswana - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Botswana had a large net trade with Vietnam in the exports of Precious Metals ($18M) and Instruments ($5).

During 2017, Vietnam had a large net trade with Botswana in the exports of Machines ($325k), Chemical Products ($71.7k), and Instruments ($13.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Vietnam+$8.97MDiamonds

Top Product Potential Vietnam Botswana+$413kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Vietnam () (2022)

Exports from Vietnam () to Botswana () (2022)

Latest Data

Trade between Botswana () and Vietnam ()

Botswana Exports

Market Competitiveness

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

Comparative Advantage Botswana - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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