2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH
9.55%CURRENT US$
Rnk 157 / 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 
$3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH
2.34%CURRENT US$
Rnk 150 / 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

Sri Lanka-Botswana Trade: In 2023, Sri Lanka exported $206k to Botswana. The main products that Sri Lanka exported to Botswana were Knit T-shirts ($88.7k), Tea ($36.7k), and Non-Knit Women's Suits ($20.2k). Over the past 5 years the exports of Sri Lanka to Botswana have increased at an annualized rate of 22.6%, from $74.3k in 2018 to $206k in 2023.

In 2023, Sri Lanka did not export any services to Botswana.

Botswana-Sri Lanka Trade: In 2023, Botswana exported $26.7M to Sri Lanka. The main products that Botswana exported to Sri Lanka were Diamonds ($26.7M), Motor vehicles; parts and accessories (8701 to 8705) ($1.2k), and Other Rubber Products ($1.01k). Over the past 5 years the exports of Botswana to Sri Lanka have increased at an annualized rate of 16.2%,  from $3.25M in 2018 to $26.7M in 2023.

In 2023, Botswana did not export any services to Sri Lanka.

Comparison: In 2023,  Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). 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, Sri Lanka exported $206k to Botswana. The main products exported from Sri Lanka to Botswana were Knit T-shirts ($88.7k), Tea ($36.7k), and Non-Knit Women's Suits ($20.2k). During the last 5 years the exports of Sri Lanka to Botswana have increased at an annualized rate of 22.6%, from $74.3k in 2018 to $206k in 2023.

In 2018, Botswana exported $26.7M to Sri Lanka. The main products exported from Botswana to Sri Lanka were Diamonds ($26.7M), Motor vehicles; parts and accessories (8701 to 8705) ($1.2k), and Other Rubber Products ($1.01k). During the last 5 years the exports of Botswana to Sri Lanka have increased at an annualized rate of 16.2%, from $3.25M in 2023 to $26.7M in 2018.

Exports from Sri Lanka (Flag) to Botswana (Flag) (2023)

Exports from Botswana (Flag) to Sri Lanka (Flag) (2023)

Latest Data

Trade between Sri Lanka (Flag) and Botswana (Flag)

Botswana Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$2.98B
Botswana
Top Destination
United Arab Emirates$1.81B

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

In 2023, countries that imported more from Sri Lanka than Botswana included United States ($2.98B), Germany ($906M), and United Kingdom ($900M).

In 2023, countries that imported more from Botswana than Sri Lanka included United Arab Emirates ($1.81B), Belgium ($1.08B), and South Africa ($548M).

Difference in imports from Botswana (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - Botswana

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Botswana in the exports of Textiles ($129k), Vegetable Products ($46.2k), and Plastics and Rubbers ($14.3k).

During 2018, Botswana had a large net trade with Sri Lanka in the exports of Precious Metals ($26.7M), Transportation ($1.2k), and Plastics and Rubbers ($1.01k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Botswana+$81.7kTea
Top Product Potential Botswana Sri Lanka+$2.43MDiamonds

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

Product Space of Sri Lanka (Flag) and Botswana (Flag) (2023)

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