Botswana trade deficit rose to BWP 2,684 million in November 2019 from BWP 1,266 million in the same month of the previous year. Exports plummeted 27 percent to BWP 4,550 million, mainly due to lower shipments of diamonds (-26.2 percent) and salt & soda ash (-58.9 percent). Main export partners were India (28.2 percent of total exports), Belgium (23.9 percent), the UAE (23.4 percent) and South Africa (7.5 percent). Meantime, imports fell at a softer 3.5 percent, as reduced purchases of diamonds (-19.7 percent) and fuel (-23.7 percent) were partly offset by a notable rise in those of vehicles & transport equipment (88.2 percent). Main import partners were South Africa (54.7 percent of total imports), Namibia (12.9 percent) and France (7.6 percent).

Balance of Trade in Botswana averaged -170.35 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. 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. source: Central Statistics Office, Botswana

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 162.74 in 12 months time. In the long-term, the Botswana Balance of Trade is projected to trend around 255.19 BWP Million in 2021 and 1100.00 BWP Million in 2022, according to our econometric models.


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Botswana Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-2684.00 -2857.00 4102.21 -6683.00 2005 - 2019 BWP Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-29 02:30 PM Sep BWP -740.7M BWP -1270.1M BWP 800M
2019-12-20 11:20 AM Oct BWP -3425M BWP -1123M BWP 1000M
2020-01-31 10:30 AM Nov BWP -2684M BWP -2857M BWP 250M
2020-02-26 11:00 AM Dec BWP -460M BWP -2575M BWP -1000M
2020-03-20 11:00 AM Jan BWP -460M BWP -1300M
2020-04-24 11:00 AM Feb BWP 200M
2020-05-25 11:00 AM Mar BWP -700M
2020-06-26 11:00 AM Apr


News Stream
Botswana Trade Gap Widens Sharply in November
Botswana trade deficit rose to BWP 2,684 million in November 2019 from BWP 1,266 million in the previous year. Exports plummeted 27 percent to BWP 4,550 million, mainly due to lower shipments of diamonds (-26.2 percent) and salt & soda ash (-58.9 percent). Main export partners were India (28.2 percent of total exports), Belgium (23.9 percent), the UAE (23.4 percent) and South Africa (7.5 percent). Meantime, imports fell at a softer 3.5 percent, as reduced purchases of diamonds (-19.7 percent) and fuel (-23.7 percent) were partly offset by a notable rise in those of vehicles & transport equipment (88.2 percent). Main import partners were South Africa (54.7 percent of total imports), Namibia (12.9 percent) and France (7.6 percent).
2020-01-31
Botswana Trade Gap Widens Sharply in October
Botswana trade deficit rose to BWP 3,425 million in October 2019 from BWP 1,326 million in the same month of the previous year. Exports plunged 65.2 percent to BWP 2,162 million, the lowest value since December 2012, due to lower shipments of diamonds (-68.7 percent); vehicles & transport equipment (-79.3 percent) and machinery & electrical equipment (-36.5 percent). Imports fell at a softer 25.9 percent to BWP 5,587 million, mainly dragged down by reduced acquisitions of diamonds (-53.5 percent); fuel (-22.2 percent) and machinery & electrical equipment (-13 percent).
2019-12-20
Botswana Trade Balance Swings to Deficit
Botswana posted a trade gap of BWP 740.7 million in September 2019 compared to a surplus of BWP 665.7 million in the same month of the previous year. Exports plunged 29.8 percent to BWP 4,250.6 million, largely due to declines in shipments of diamonds (-29.4 percent) and salt & soda ash (-74.7 percent). Main export partners were Belgium (17 percent of total sales), South Africa (15.2 percent), India (14.5 percent) and Switzerland (14.2 percent). Imports fell 2.7 percent to BWP 5,247.1 million, mainly dragged down by lower purchases of diamonds (-16.8 percent); fuel (-9.1 percent) and machinery & electrical equipment (-6.1 percent). Main import partners were South Africa (70.8 percent of total acquisitions), Namibia (10.3 percent) and Canada (4.6 percent).
2019-11-29
Botswana Trade Gap Widens in August
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).
2019-10-29

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.