Botswana's trade deficit rose to BWP 1,370.8 million in August 2019 from BWP 1,223.5 million in the corresponding month of the previous year. Exports fell 4.2 percent to BWP 3,700.4 million, mainly dragged down by shipments of meat & meat products (-48.6 percent); machinery & electrical equipment (-15.4 percent) and diamonds (-0.8 percent). Main export partners were the UAE (25.3 percent of total overseas sales), India (19.7 percent), Belgium (12.6 percent) and South Africa (12.4 percent). Meanwhile, imports decreased only 0.3 percent to BWP 5,071.2 million, as lower purchases of diamonds (-9.3 percent) and fuels (-9 percent) were partly offset by rises in those of food, beverages & tobacco (19.1 percent); machinery & electrical equipment (0.4 percent) and chemicals and rubber products (8.5 percent). Main import partners were South Africa (67.4 percent of total acquisitions), Namibia (10.5 percent) and Canada (3.7 percent). Balance of Trade in Botswana averaged -123.06 BWP Million from 2005 until 2019, 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 -91.10 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 -100.00 in 12 months time. In the long-term, the Botswana Balance of Trade is projected to trend around 255.19 BWP Million in 2020, according to our econometric models.

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Botswana Balance of Trade
Calendar GMT Actual Previous Consensus TEForecast
2019-08-08 02:00 PM Balance of Trade May BWP -339.5M BWP -431.6M BWP 1400M
2019-08-28 01:55 PM Balance of Trade June BWP 1004M BWP -536.6M BWP 650M
2019-09-26 03:00 PM Balance of Trade Jul BWP -3211M BWP 950M BWP -500M
2019-10-29 02:45 PM Balance of Trade Aug BWP -1371M BWP -3237M BWP 200M
2019-11-25 10:00 AM Balance of Trade Sep BWP -1371M BWP 800M
2019-12-13 10:30 AM Balance of Trade Oct BWP -1000M


Botswana Trade Last Previous Highest Lowest Unit
Balance of Trade -1370.80 -3237.10 4102.21 -6683.00 BWP Million [+]
Current Account 846.12 -814.64 15079.57 -12190.41 BWP Million [+]
Current Account to GDP 9.70 12.00 32.00 -28.30 percent [+]
Imports 5071.20 5896.00 9778.30 2458.30 BWP Million [+]
Exports 3700.40 2658.90 10747.20 996.90 Million BWP [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 584.47 745.96 3368.73 -1473.05 BWP Million [+]
External Debt 15661.00 16027.59 18344.85 1771.80 BWP Million [+]


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 November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1370.80 -3237.10 4102.21 -6683.00 2005 - 2019 BWP Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1744.00 Sep/19 1168
Australia 7180.00 Sep/19 6617
Brazil 1206.00 Oct/19 2246
Canada -978.00 Sep/19 -1235
China 428.09 Oct/19 392
Euro Area 18653.90 Sep/19 14277
France -5551.00 Sep/19 -5436
Germany 21138.00 Sep/19 16448
India -11010.00 Oct/19 -10860
Indonesia 161.30 Oct/19 -164
Italy 2779.30 Sep/19 2598
Japan -122.98 Sep/19 -144
Mexico -116.00 Sep/19 775
Netherlands 5310.00 Sep/19 3807
Russia 14150.00 Sep/19 12010
Saudi Arabia 127500.00 Jun/19 131654
Singapore 3833.90 Sep/19 3772
South Africa 5164.38 Sep/19 4542
South Korea 5393.00 Oct/19 5982
Spain -3984900.00 Aug/19 -2486462
Switzerland 2881.00 Sep/19 1111
Turkey -2055.51 Sep/19 -2518
United Kingdom -3360.00 Sep/19 -1760
United States -52450.00 Sep/19 -55036


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