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Pricing

2023
Flag → Flag
Exports $363kRnk 122 / 159
2023
Flag → Flag
Top Product $242kPackaged Medicaments
2023
Flag → Flag
Exports $1.4MRnk 33 / 130
2023
Flag → Flag
Top Product $1.02MPlanes, Helicopters, and/or Spacecraft
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.41Rnk 80 / 132
2023
Flag  
GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP$19.4BCURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP GROWTH35.9%CURRENT US$
Rnk 102 / 195
2023
Flag
GDP PC $1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC$7,820CURRENT US$
Rnk 99 / 196
2013-2023
Flag
GDP PC GROWTH17.3%CURRENT US$
Rnk 110 / 195

About

Nigeria-Botswana Trade: In 2023, Nigeria exported $363k to Botswana. The main products that Nigeria exported to Botswana were Packaged Medicaments ($242k), Washing and Bottling Machines ($16.9k), and Video Displays ($12.3k). Over the past 5 years the exports of Nigeria to Botswana have increased at an annualized rate of 38%, from $72.6k in 2018 to $363k in 2023.

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

Botswana-Nigeria Trade: In 2023, Botswana exported $1.4M to Nigeria. The main products that Botswana exported to Nigeria were Planes, Helicopters, and/or Spacecraft ($1.02M), Tanned Equine and Bovine Hides ($221k), and Broadcasting Equipment ($106k). Over the past 5 years the exports of Botswana to Nigeria have increased at an annualized rate of 130%,  from $21.8k in 2018 to $1.4M in 2023.

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

Comparison: In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B). 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, Nigeria exported $363k to Botswana. The main products exported from Nigeria to Botswana were Packaged Medicaments ($242k), Washing and Bottling Machines ($16.9k), and Video Displays ($12.3k). During the last 5 years the exports of Nigeria to Botswana have increased at an annualized rate of 38%, from $72.6k in 2018 to $363k in 2023.

In 2018, Botswana exported $1.4M to Nigeria. The main products exported from Botswana to Nigeria were Planes, Helicopters, and/or Spacecraft ($1.02M), Tanned Equine and Bovine Hides ($221k), and Broadcasting Equipment ($106k). During the last 5 years the exports of Botswana to Nigeria have increased at an annualized rate of 130%, from $21.8k in 2023 to $1.4M in 2018.

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

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

Latest Data

Trade between Nigeria (Flag) and Botswana (Flag)

Botswana Exports

Market Competitiveness

Color
Nigeria
Top DestinationUnited States$6.29B
Botswana
Top DestinationUnited Arab Emirates$1.81B

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 2023, countries that imported more from Nigeria than Botswana included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Botswana than Nigeria included Belgium ($1.08B), United Arab Emirates ($1.81B), and Hong Kong ($289M).

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

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 2023, Nigeria had a large net trade with Botswana in the exports of Chemical Products ($259k), Machines ($35.2k), and Textiles ($21.5k).

During 2018, Botswana had a large net trade with Nigeria in the exports of Transportation ($1.02M), Animal Hides ($233k), and Machines ($119k).

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) (2023)

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