Romania (ROU) and Botswana (BWA) Trade | The Observatory of Economic Complexity

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Romania-Botswana Trade: In 2022, Romania exported $4.22M to Botswana. The main products that Romania exported to Botswana were Insulated Wire ($2.46M), Low-voltage Protection Equipment ($903k), and Electrical Power Accessories ($270k). Over the past 5 years the exports of Romania to Botswana have decreased at an annualized rate of 2.19%, from $4.71M in 2017 to $4.22M in 2022.

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

Botswana-Romania Trade: In 2022, Botswana exported $203 to Romania. The main products that Botswana exported to Romania were Other Printed Material ($59), Non-Knit Women's Suits ($32), and Vegetable Saps ($30). Over the past 5 years the exports of Botswana to Romania have increased at an annualized rate of 90.9%, from $8 in 2017 to $203 in 2022.

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

Comparison: In 2022, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $4.22M to Botswana. The main products exported from Romania to Botswana were Insulated Wire ($2.46M), Low-voltage Protection Equipment ($903k), and Electrical Power Accessories ($270k). During the last 5 years the exports of Romania to Botswana have decreased at an annualized rate of 2.19%, from $4.71M in 2017 to $4.22M in 2022.

In 2017, Botswana exported $203 to Romania. The main products exported from Botswana to Romania were Other Printed Material ($59), Non-Knit Women's Suits ($32), and Vegetable Saps ($30). During the last 5 years the exports of Botswana to Romania have increased at an annualized rate of 90.9%, from $8 in 2022 to $203 in 2017.

Exports from Romania () to Botswana () (2022)

Exports from Botswana () to Romania () (2022)

Latest Data

Trade between Romania () and Botswana ()

Romania Exports

Date

Botswana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2022, countries that imported more from Romania than Botswana included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Botswana than Romania included United Arab Emirates ($2.31B), India ($1.28B), and South Africa ($836M).

Difference in imports from Botswana () and Romania () (2022)

Comparative Advantage Romania - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Botswana in the exports of Machines ($3.75M), Plastics and Rubbers ($338k), and Instruments ($59.2k).

During 2017, Botswana had a large net trade with Romania in the exports of Paper Goods ($64), Textiles ($32), and Vegetable Products ($30).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Romania Botswana+$1.27MInsulated Wire

Top Product Potential Botswana Romania+$3.64kInsulated Wire

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

Year

This visualization shows the product space at the HS4 level with the flags of Romania and Botswana. This means that a dot/product with the flag of Romania indicates it has a comparative advantage over Botswana. Similarly, a dot/product with the flag of Botswana indicates it has a comparative advantage over Romania.

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Botswana () (2022)

Exports from Botswana () to Romania () (2022)

Latest Data

Trade between Romania () and Botswana ()

Romania Exports

Botswana Exports

Market Competitiveness

Difference in imports from Botswana () and Romania () (2022)

Comparative Advantage Romania - Botswana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Romania () and Botswana () (2022)

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