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Pricing

2023
Flag → Flag
Exports $146kRnk 126 / 137
2023
Flag → Flag
Top Product $49.5kGas and Liquid Flow Measuring Instruments
2023
Flag → Flag
Exports $572Rnk 102 / 130
2023
Flag → Flag
Top Product $289Other Hides and Skins
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.41Rnk 80 / 132
2023
Flag  
GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 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 $13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC$7,820CURRENT US$
Rnk 99 / 196
2013-2023
Flag
GDP PC GROWTH17.3%CURRENT US$
Rnk 110 / 195

About

Russia-Botswana Trade: In 2023, Russia exported $146k to Botswana. The main products that Russia exported to Botswana were Gas and Liquid Flow Measuring Instruments ($49.5k), Hard Liquor ($46.8k), and Raw Plastic Sheeting ($37.1k). Over the past 5 years the exports of Russia to Botswana have decreased at an annualized rate of 68.1%, from $43.8M in 2018 to $146k in 2023.

In 2020, Russia exported services to Botswana worth $14k, with Financial services ($5k), Computer and information services ($5k), and Other business services ($4k) being the largest in terms of value.

Botswana-Russia Trade: In 2023, Botswana exported $572 to Russia. The main products that Botswana exported to Russia were Other Hides and Skins ($289), Raw Bones ($250), and Hard Liquor ($33). Over the past 5 years the exports of Botswana to Russia have decreased at an annualized rate of 74%,  from $483k in 2018 to $572 in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B).

Latest Trends

December, 2021

About

Overview In December 2021, Russia exported $2.86M and imported $19.1 from Botswana, resulting in a positive trade balance of $2.86M. Between December 2020 and December 2021 the exports of Russia have increased by $1.86M (187%) from $999k to $2.86M, while imports decreased by $-33.6k (-99.9%) from $33.6k to $19.1.

Trade In December 2021, the top exports of Russia to Botswana were Diamonds ($5.87M). In December 2021 the top imports of Russia from Botswana were .

Origins In December 2021 the exports of Russia were mainly from N/A, while imports destinations were mainly N/A.

Growth In December 2021, the increase in Russia's year-by-year exports to Botswana was explained primarily by an increase in product exports in . In November 2021, the decrease in Russia's year-by-year imports  from Botswana was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2020 - December 2021)$1.86M(187%)
IMPORT GROWTH (November 2020 - November 2021)$-33.6k(-99.9%)

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Botswana and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Botswana and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $146k to Botswana. The main products exported from Russia to Botswana were Gas and Liquid Flow Measuring Instruments ($49.5k), Hard Liquor ($46.8k), and Raw Plastic Sheeting ($37.1k). During the last 5 years the exports of Russia to Botswana have decreased at an annualized rate of 68.1%, from $43.8M in 2018 to $146k in 2023.

In 2018, Botswana exported $572 to Russia. The main products exported from Botswana to Russia were Other Hides and Skins ($289), Raw Bones ($250), and Hard Liquor ($33). During the last 5 years the exports of Botswana to Russia have decreased at an annualized rate of 74%, from $483k in 2023 to $572 in 2018.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Botswana
Top DestinationUnited Arab Emirates$1.81B

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

In 2023, countries that imported more from Russia than Botswana included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Botswana than Russia included Australia ($123M), Cambodia ($68M), and Anguilla ($33.6M).

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

Comparative Advantage Russia - Botswana

Flow
Scale

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

During 2023, Russia had a large net trade with Botswana in the exports of Instruments ($49.5k), Foodstuffs ($46.8k), and Plastics and Rubbers ($37.1k).

During 2018, Botswana had a large net trade with Russia in the exports of Animal Hides ($289), Animal Products ($250), and Foodstuffs ($33).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Botswana+$2.96MDiamonds
Top Product Potential Botswana Russia+$5.63kDiamonds

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

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

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