Trinidad and Tobago (TTO) and Botswana (BWA) Trade | The Observatory of Economic Complexity

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Trinidad and Tobago-Botswana Trade: In 2022, Trinidad and Tobago exported $33.6k to Botswana. The main products that Trinidad and Tobago exported to Botswana were Hard Liquor ($33.1k), Medical Instruments ($224), and Low-voltage Protection Equipment ($94). Over the past 5 years the exports of Trinidad and Tobago to Botswana have increased at an annualized rate of 94.7%, from $1.2k in 2017 to $33.6k in 2022.

In 2022, Trinidad and Tobago did not export any services to Botswana.

Botswana-Trinidad and Tobago Trade: In 2022, Botswana exported $498 to Trinidad and Tobago. The main products that Botswana exported to Trinidad and Tobago were Brochures ($439) and Paintings ($59). Over the past 5 years the exports of Botswana to Trinidad and Tobago have increased at an annualized rate of 43.3%, from $28 in 2017 to $498 in 2022.

In 2022, Botswana did not export any services to Trinidad and Tobago.

Comparison In 2022, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index. 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, Trinidad and Tobago exported $33.6k to Botswana. The main products exported from Trinidad and Tobago to Botswana were Hard Liquor ($33.1k), Medical Instruments ($224), and Low-voltage Protection Equipment ($94). During the last 5 years the exports of Trinidad and Tobago to Botswana have increased at an annualized rate of 94.7%, from $1.2k in 2017 to $33.6k in 2022.

In 2017, Botswana exported $498 to Trinidad and Tobago. The main products exported from Botswana to Trinidad and Tobago were Brochures ($439) and Paintings ($59). During the last 5 years the exports of Botswana to Trinidad and Tobago have increased at an annualized rate of 43.3%, from $28 in 2022 to $498 in 2017.

Exports from Trinidad and Tobago () to Botswana () (2022)

Exports from Botswana () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Botswana ()

Botswana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$4.91B

Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2022, countries that imported more from Trinidad and Tobago than Botswana included United States ($4.91B), Morocco ($740M), and Spain ($580M).

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

Difference in imports from Botswana () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Trinidad and Tobago had a large net trade with Botswana in the exports of Foodstuffs ($33.1k), Instruments ($224), and Textiles ($136).

During 2017, Botswana had a large net trade with Trinidad and Tobago in the exports of Paper Goods ($439) and Arts and Antiques ($59).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Trinidad and Tobago Botswana+$24.1kHard Liquor

Top Product Potential Botswana Trinidad and Tobago+$1.5kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Trinidad and Tobago () to Botswana () (2022)

Exports from Botswana () to Trinidad and Tobago () (2022)

Latest Data

Trade between Trinidad and Tobago () and Botswana ()

Botswana Exports

Market Competitiveness

Difference in imports from Botswana () and Trinidad and Tobago () (2022)

Comparative Advantage Trinidad and Tobago - Botswana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Trinidad and Tobago () and Botswana () (2022)

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