2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 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 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 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

India-Botswana Trade: In 2023, India exported $177M to Botswana. The main products that India exported to Botswana were Diamonds ($76.8M), Packaged Medicaments ($41.6M), and Delivery Trucks ($12.7M). Over the past 5 years the exports of India to Botswana have decreased at an annualized rate of 3.82%, from $215M in 2018 to $177M in 2023.

In 2023, India did not export any services to Botswana.

Botswana-India Trade: In 2023, Botswana exported $1.15B to India. The main products that Botswana exported to India were Diamonds ($1.11B), Copper Ore ($24.6M), and Synthetic Reconstructed Jewellery Stones ($7.51M). Over the past 5 years the exports of Botswana to India have decreased at an annualized rate of 0.084%,  from $1.15B in 2018 to $1.15B in 2023.

In 2023, Botswana did not export any services to India.

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). 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, India exported $177M to Botswana. The main products exported from India to Botswana were Diamonds ($76.8M), Packaged Medicaments ($41.6M), and Delivery Trucks ($12.7M). During the last 5 years the exports of India to Botswana have decreased at an annualized rate of 3.82%, from $215M in 2018 to $177M in 2023.

In 2018, Botswana exported $1.15B to India. The main products exported from Botswana to India were Diamonds ($1.11B), Copper Ore ($24.6M), and Synthetic Reconstructed Jewellery Stones ($7.51M). During the last 5 years the exports of Botswana to India have decreased at an annualized rate of 0.084%, from $1.15B in 2023 to $1.15B in 2018.

Exports from India (Flag) to Botswana (Flag) (2023)

Exports from Botswana (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Botswana
Top Destination
United Arab Emirates$1.81B

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

In 2023, countries that imported more from India than Botswana included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Botswana than India included Anguilla ($33.6M) and Saint Helena ($2.93k).

Difference in imports from Botswana (Flag) and India (Flag) (2023)

Comparative Advantage India - Botswana

Flow
Scale

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

During 2023, India had a large net trade with Botswana in the exports of Precious Metals ($76.9M), Chemical Products ($45.9M), and Machines ($18.6M).

During 2018, Botswana had a large net trade with India in the exports of Precious Metals ($1.12B), Mineral Products ($24.7M), and Metals ($8.58M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Botswana+$22.1MDiamonds
Top Product Potential Botswana India+$167MDiamonds

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

Product Space of India (Flag) and Botswana (Flag) (2023)

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