Venezuela (VEN) and Botswana (BWA) Trade | The Observatory of Economic Complexity

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Venezuela-Botswana Trade: In 2022, Venezuela exported $38.2k to Botswana. The main products that Venezuela exported to Botswana were Spring, Air, and Gas Guns ($38.2k). Over the past 6 years the exports of Venezuela to Botswana have increased at an annualized rate of 136%, from $220 in 2016 to $38.2k in 2022.

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

Botswana-Venezuela Trade: In 2022, Botswana exported $1.96k to Venezuela. The main products that Botswana exported to Venezuela were N/A. Over the past 6 years the exports of Botswana to Venezuela have increased at an annualized rate of 104%, from $56 in 2016 to $1.96k in 2022.

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

Comparison: In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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, Venezuela exported $38.2k to Botswana. The main products exported from Venezuela to Botswana were Spring, Air, and Gas Guns ($38.2k). During the last 6 years the exports of Venezuela to Botswana have increased at an annualized rate of 136%, from $220 in 2016 to $38.2k in 2022.

In 2008, Botswana exported $1.96k to Venezuela. There were not main exports from Botswana to Venezuela in 2008. During the last 5 years the exports of Botswana to Venezuela have increased at an annualized rate of 104%, from $56 in 2013 to $1.96k in 2008.

Exports from Venezuela () to Botswana () (2022)

Exports from Botswana () to Venezuela () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2022, countries that imported more from Venezuela than Botswana included Turkey ($597M), Spain ($518M), and China ($703M).

In 2022, countries that imported more from Botswana than Venezuela included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

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

Comparative Advantage Venezuela - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Venezuela had a large net trade with Botswana in the exports of Weapons ($38.2k).

During 2008, Botswana had a large net trade with Venezuela in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Botswana () (2022)

Exports from Botswana () to Venezuela () (2022)

Market Competitiveness

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

Comparative Advantage Venezuela - Botswana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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