Botswana’s trade deficit widened to BWP 2411.6 million in August of 2018 from BWP 714.4 million in the same month a year earlier. It was the largest trade gap since October of 2016, as exports dropped 30.8 percent year-on-year to BWP 2562.8 million, mainly due to lower sales of diamonds (-39.4 percent). The most important export partners were: India (30.7 percent of total exports), Belgium (15.6 percent), South Africa (13 percent), United Arab Emirates (9.9 percent) and Hong Kong (9 percent). Meantime, imports increased 12.6 percent to BWP 4974.4 million, mostly driven by higher purchases of diamonds (94 percent) and vehicles and transport equipment (80 percent). Main import partners were: South Africa (63.8 percent of total imports), Canada (15 percent), India (4.6 percent), Belgium (1.9 percent) and China (1.7 percent). Balance of Trade in Botswana averaged -123.15 BWP Million from 2005 until 2018, reaching an all time high of 4102.21 BWP Million in March of 2007 and a record low of -6683 BWP Million in July of 2012.

Balance of Trade in Botswana is expected to be 239.43 BWP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Botswana to stand at 420.15 in 12 months time. In the long-term, the Botswana Balance of Trade is projected to trend around 622.25 BWP Million in 2020, according to our econometric models.

Botswana Balance of Trade
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-08 02:40 PM Balance of Trade BWP 2425.3M BWP 735.7M BWP 59.4M
2018-11-20 10:00 AM Balance of Trade BWP 485.5M BWP 2532.8M BWP -118.4M
2018-11-20 10:00 AM Balance of Trade BWP 346.8M BWP 485.5M BWP 135.5M
2018-11-20 10:00 AM Balance of Trade BWP -2411.6M BWP 346.8M BWP 125.3M
2018-12-26 10:30 AM Balance of Trade BWP -2411.6M BWP -445.1M
2019-02-06 09:45 AM Balance of Trade
2019-02-06 09:45 AM Balance of Trade

Botswana Trade Last Previous Highest Lowest Unit
Balance of Trade -2411.60 346.80 4102.21 -6683.00 BWP Million [+]
Current Account 8547.97 2619.02 16754.36 -9698.03 BWP Million [+]
Current Account to GDP 12.00 3.60 32.00 -28.30 percent [+]
Imports 4974.40 4448.00 9778.30 2458.30 BWP Million [+]
Exports 2562.80 4794.80 10747.20 996.90 Million BWP [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 1150.75 1093.13 3628.87 -1434.78 BWP Million [+]
External Debt 17811.66 15997.00 18344.85 1771.80 BWP Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Botswana Balance of Trade

Botswana exports mostly diamonds (more than 60% of total exports), copper and nickel, beef and textiles. Botswana's main exports partners are United Kingdom (56% of total exports), South Africa, Israel and Belgium. Botswana imports fuel, food, beverages and tobacco, machinery and electric equipment, chemical and rubber products and vehicles. Its main imports partners are South Africa (75% of total imports), China, Israel, Namibia and Zimbabwe. This page provides the latest reported value for - Botswana Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Botswana Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2411.60 346.80 4102.21 -6683.00 2005 - 2018 BWP Million Monthly
Current Prices, NSA

Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -16670.00 Nov/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4850.00 Oct/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18