Vietnam (VNM) and Botswana (BWA) Trade | The Observatory of Economic Complexity

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Vietnam-Botswana Trade: In 2023, Vietnam exported $982k to Botswana. The main products that Vietnam exported to Botswana were Office Machine Parts ($136k), Other Footwear ($117k), and Broadcasting Equipment ($83.5k). Over the past 5 years the exports of Vietnam to Botswana have increased at an annualized rate of 58.4%, from $98.5k in 2018 to $982k in 2023.

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

Botswana-Vietnam Trade: In 2023, Botswana exported $17.4M to Vietnam. The main products that Botswana exported to Vietnam were Diamonds ($17.4M). Over the past 5 years the exports of Botswana to Vietnam have decreased at an annualized rate of 17.9%, from $46.4M in 2018 to $17.4M in 2023.

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

Comparison: In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Vietnam exported $982k to Botswana. The main products exported from Vietnam to Botswana were Office Machine Parts ($136k), Other Footwear ($117k), and Broadcasting Equipment ($83.5k). During the last 5 years the exports of Vietnam to Botswana have increased at an annualized rate of 58.4%, from $98.5k in 2018 to $982k in 2023.

In 2018, Botswana exported $17.4M to Vietnam. The main products exported from Botswana to Vietnam were Diamonds ($17.4M). During the last 5 years the exports of Botswana to Vietnam have decreased at an annualized rate of 17.9%, from $46.4M in 2023 to $17.4M in 2018.

Exports from Vietnam () to Botswana () (2023)

Exports from Botswana () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Botswana ()

Botswana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$118B

Botswana
Top DestinationUnited Arab Emirates$1.81B

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

In 2023, countries that imported more from Vietnam than Botswana included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Botswana than Vietnam included Belgium ($1.08B), Zimbabwe ($63.5M), and Anguilla ($33.6M).

Difference in imports from Botswana () and Vietnam () (2023)

Comparative Advantage Vietnam - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Vietnam had a large net trade with Botswana in the exports of Machines ($406k), Footwear and Headwear ($135k), and Textiles ($102k).

During 2018, Botswana had a large net trade with Vietnam in the exports of Precious Metals ($17.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Botswana+$413kTelephones

Top Product Potential Botswana Vietnam+$8.97MDiamonds

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

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Botswana () (2023)

Exports from Botswana () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Botswana ()

Botswana Exports

Market Competitiveness

Difference in imports from Botswana () and Vietnam () (2023)

Comparative Advantage Vietnam - Botswana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Botswana () (2023)

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