2023
Exports
$353kWorld Rnk 96 / 164
Flag Rnk 113 / 964
2023
PRODUCT COMPLEXITY IN Precious Stones
-1.29Rnk 897 / 1025
2023
Imports
$31.8kWorld Rnk 120 / 184
Flag Rnk 872 / 1157
2023
ECONOMIC COMPLEXITY of Botswana
-0.41Rnk 80 / 132

About

Exports In 2023, Botswana exported $353k in Precious Stones, making it the 96th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 113th most exported product in Botswana. The main destination of Precious Stones exports from Botswana are: South Africa ($167k), Belgium ($89.3k), United States ($43.1k), Thailand ($34.2k), and Canada ($16.1k).

The fastest growing export markets for Precious Stones of Botswana between 2022 and 2023 were Belgium ($89.3k), United States ($40.5k), and Thailand ($34.2k).

Imports In 2023, Botswana imported $31.8k in Precious Stones, becoming the 120th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 872nd most imported product in Botswana. Botswana imports Precious Stones primarily from: Thailand ($24.4k), United States ($5.12k), Canada ($1.06k), South Africa ($832), and China ($352).

The fastest growing import markets in Precious Stones for Botswana between 2022 and 2023 were Thailand ($17.5k), United States ($833), and Canada ($529).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Precious Stones. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$353k
IMPORTS (2023)$31.8k
NET TRADE (2023)$321k

In 2023, Botswana exported $353k in Precious Stones. The main destinations of Botswana exports on Precious Stones were South Africa ($167k), Belgium ($89.3k), United States ($43.1k), Thailand ($34.2k), and Canada ($16.1k).

In 2023, Botswana imported $31.8k in Precious Stones, mainly from Thailand ($24.4k), United States ($5.12k), Canada ($1.06k), South Africa ($832), and China ($352).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Botswana WERE (2022 - 2023):
Belgium$89.3k (1%)
United States$40.5k (1.61k%)
Thailand$34.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Botswana WERE (2022 - 2023):
South Africa-$42.1k (-20.1%)
Ireland-$304 (-72.6%)
Bahrain-$19 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Botswana' main exporting competitors in Precious Stones were:
In 2023, Botswana' main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.4k
TOP IMPORT POTENTIALIndia+ $194k

Precious Stones’s highest export potential is United States. With an export gap of $20.4k.   Precious Stones’s highest import potential is India with an import gap of $194k.

See methodology.

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