2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP GROWTH
35.9%CURRENT US$
Rnk 102 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$7,820CURRENT US$
Rnk 99 / 196
2013-2023
Flag
GDP PC GROWTH
17.3%CURRENT US$
Rnk 110 / 195

About

United Kingdom-Botswana Trade: In 2023, United Kingdom exported $33.2M to Botswana. The main products that United Kingdom exported to Botswana were Combustion Engines ($7.52M), Diamonds ($6.41M), and Large Construction Vehicles ($2.11M). Over the past 5 years the exports of United Kingdom to Botswana have decreased at an annualized rate of 12.2%, from $63.7M in 2018 to $33.2M in 2023.

In 2023, United Kingdom did not export any services to Botswana.

Botswana-United Kingdom Trade: In 2023, Botswana exported $18.6M to United Kingdom. The main products that Botswana exported to United Kingdom were Diamonds ($14.4M), Precious Metal Scraps ($1.55M), and Non-Iron and Steel Slag, Ash and Residues ($664k). Over the past 5 years the exports of Botswana to United Kingdom have decreased at an annualized rate of 20.6%,  from $58.9M in 2018 to $18.6M in 2023.

In 2023, Botswana did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $33.2M to Botswana. The main products exported from United Kingdom to Botswana were Combustion Engines ($7.52M), Diamonds ($6.41M), and Large Construction Vehicles ($2.11M). During the last 5 years the exports of United Kingdom to Botswana have decreased at an annualized rate of 12.2%, from $63.7M in 2018 to $33.2M in 2023.

In 2018, Botswana exported $18.6M to United Kingdom. The main products exported from Botswana to United Kingdom were Diamonds ($14.4M), Precious Metal Scraps ($1.55M), and Non-Iron and Steel Slag, Ash and Residues ($664k). During the last 5 years the exports of Botswana to United Kingdom have decreased at an annualized rate of 20.6%, from $58.9M in 2023 to $18.6M in 2018.

Exports from United Kingdom (Flag) to Botswana (Flag) (2023)

Exports from Botswana (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Botswana
Top Destination
United Arab Emirates$1.81B

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

In 2023, countries that imported more from United Kingdom than Botswana included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Botswana than United Kingdom included Anguilla ($33.6M).

Difference in imports from Botswana (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Botswana

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Botswana in the exports of Machines ($16.2M), Precious Metals ($6.42M), and Chemical Products ($2.95M).

During 2018, Botswana had a large net trade with United Kingdom in the exports of Precious Metals ($16M), Machines ($1.47M), and Mineral Products ($664k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Botswana+$2.19MDiamonds
Top Product Potential Botswana United Kingdom+$13.5MDiamonds

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

Product Space of United Kingdom (Flag) and Botswana (Flag) (2023)

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