Finland (FIN) and Botswana (BWA) Trade | The Observatory of Economic Complexity

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Finland-Botswana Trade: In 2022, Finland exported $9.89M to Botswana. The main products that Finland exported to Botswana were Other Construction Vehicles ($1.44M), Delivery Trucks ($1.08M), and Prefabricated Buildings ($1.05M). Over the past 5 years the exports of Finland to Botswana have increased at an annualized rate of 135%, from $139k in 2017 to $9.89M in 2022.

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

Botswana-Finland Trade: In 2022, Botswana exported $5.62M to Finland. The main products that Botswana exported to Finland were Coal Briquettes ($5.62M), Precious Stones ($20), and Pearl Products ($6). Over the past 5 years the exports of Botswana to Finland have increased at an annualized rate of 210%, from $19.6k in 2017 to $5.62M in 2022.

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

Comparison: In 2022, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $9.89M to Botswana. The main products exported from Finland to Botswana were Other Construction Vehicles ($1.44M), Delivery Trucks ($1.08M), and Prefabricated Buildings ($1.05M). During the last 5 years the exports of Finland to Botswana have increased at an annualized rate of 135%, from $139k in 2017 to $9.89M in 2022.

In 2017, Botswana exported $5.62M to Finland. The main products exported from Botswana to Finland were Coal Briquettes ($5.62M), Precious Stones ($20), and Pearl Products ($6). During the last 5 years the exports of Botswana to Finland have increased at an annualized rate of 210%, from $19.6k in 2022 to $5.62M in 2017.

Exports from Finland () to Botswana () (2022)

Exports from Botswana () to Finland () (2022)

Latest Data

Trade between Finland () and Botswana ()

Finland Exports

Date

Botswana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2022, countries that imported more from Finland than Botswana included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

In 2022, countries that imported more from Botswana than Finland included United Arab Emirates ($2.31B), Hong Kong ($549M), and South Africa ($836M).

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

Comparative Advantage Finland - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Botswana in the exports of Machines ($5.41M), Transportation ($2.29M), and Miscellaneous ($1.06M).

During 2017, Botswana had a large net trade with Finland in the exports of Mineral Products ($5.62M), Precious Metals ($26), and Vegetable Products ($3).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Botswana+$538kDelivery Trucks

Top Product Potential Botswana Finland+$3.79kCopper Ore

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Botswana () (2022)

Exports from Botswana () to Finland () (2022)

Latest Data

Trade between Finland () and Botswana ()

Finland Exports

Botswana Exports

Market Competitiveness

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

Comparative Advantage Finland - Botswana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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