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Pricing

2022
Flag → Flag
Exports $71.1kRnk 141 / 166
2022
Flag → Flag
Top Product $7.2kBrochures
2022
Flag → Flag
Exports $882kRnk 38 / 129
2022
Flag → Flag
Top Product $768kTanned Equine and Bovine Hides
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.59Rnk 91 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH21%CURRENT US$
Rnk 82 / 186

About

Nigeria-Botswana Trade: In 2022, Nigeria exported $71.1k to Botswana. The main products that Nigeria exported to Botswana were Brochures ($7.2k), Processed Hair ($6.83k), and Hair Products ($6.41k). Over the past 5 years the exports of Nigeria to Botswana have decreased at an annualized rate of 3.63%, from $85.5k in 2017 to $71.1k in 2022.

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

Botswana-Nigeria Trade: In 2022, Botswana exported $882k to Nigeria. The main products that Botswana exported to Nigeria were Tanned Equine and Bovine Hides ($768k), Non-Knit Active Wear ($40.5k), and Knit Men's Suits ($13.8k). Over the past 5 years the exports of Botswana to Nigeria have increased at an annualized rate of 120%,  from $17k in 2017 to $882k in 2022.

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

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). 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
Value

In 2022, Nigeria exported $71.1k to Botswana. The main products exported from Nigeria to Botswana were Brochures ($7.2k), Processed Hair ($6.83k), and Hair Products ($6.41k). During the last 5 years the exports of Nigeria to Botswana have decreased at an annualized rate of 3.63%, from $85.5k in 2017 to $71.1k in 2022.

In 2017, Botswana exported $882k to Nigeria. The main products exported from Botswana to Nigeria were Tanned Equine and Bovine Hides ($768k), Non-Knit Active Wear ($40.5k), and Knit Men's Suits ($13.8k). During the last 5 years the exports of Botswana to Nigeria have increased at an annualized rate of 120%, from $17k in 2022 to $882k in 2017.

Exports from Nigeria (Flag) to Botswana (Flag) (2022)

Exports from Botswana (Flag) to Nigeria (Flag) (2022)

Latest Data

Trade between Nigeria (Flag) and Botswana (Flag)

Botswana Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2022, countries that imported more from Nigeria than Botswana included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Botswana than Nigeria included United Arab Emirates ($2.31B), Belgium ($1.55B), and Hong Kong ($549M).

Difference in imports from Botswana (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - Botswana

Flow
Scale

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

During 2022, Nigeria had a large net trade with Botswana in the exports of Chemical Products ($18.9k), Footwear and Headwear ($14.2k), and Textiles ($12.8k).

During 2017, Botswana had a large net trade with Nigeria in the exports of Animal Hides ($768k), Textiles ($74.1k), and Machines ($12.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Botswana+$13.8kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Botswana Nigeria+$27.6kExcavation Machinery

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

Product Space of Nigeria (Flag) and Botswana (Flag) (2022)

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