Botswana recorded a trade deficit of BWP 3027.5 million in February of 2019 compared to a BWP 1611.2 million gap in the same month a year ago. It is the largest trade shortfall since November 2015. Imports climbed 20.6 percent to BWP 6206.2 million, fuelled by purchases of diamonds (54.8 percent); vehicles & transport equipment (36.6 percent) and metal & metal products (18 percent). Main import partners were South Africa (47.6 percent of total purchases), Canada (18.5 percent), Namibia (5.8 percent) and India (5.8 percent). In contrast, exports tumbled 10.1 percent to BWP 3178.7 million, mainly dragged down by lower shipments of diamonds (-5.6 percent). Major export partners were India (18.6 percent of total shipments), Belgium (17.8 percent), the UAE (12.5 percent), South Africa (11.7 percent) and Namibia (11.5 percent). Balance of Trade in Botswana averaged -99.97 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 -356.82 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 -91.10 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.

Botswana Balance of Trade
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-18 11:00 AM Balance of Trade BWP 676.9M BWP -1161.4M BWP -445.1M
2019-01-25 03:45 PM Balance of Trade BWP -3953.6M BWP -1085.2M
2019-02-28 02:40 PM Balance of Trade BWP 497.4M BWP -1208.7M BWP -2500M
2019-04-26 02:50 PM Balance of Trade BWP -3027.5M BWP 126.9M BWP 850M
2019-06-20 10:30 AM Balance of Trade BWP -3027.5M BWP -1700M
2019-07-16 03:10 PM Balance of Trade BWP 300M
2019-08-08 02:40 PM Balance of Trade

Botswana Trade Last Previous Highest Lowest Unit
Balance of Trade -3027.50 126.90 4102.21 -6683.00 BWP Million [+]
Current Account -924.23 1414.32 16754.36 -9698.03 BWP Million [+]
Current Account to GDP 12.00 3.60 32.00 -28.30 percent [+]
Imports 6206.20 4656.30 9778.30 2458.30 BWP Million [+]
Exports 3178.70 4783.20 10747.20 996.90 Million BWP [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 579.46 597.57 3628.87 -1434.78 BWP Million [+]
External Debt 16072.40 16513.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3027.50 126.90 4102.21 -6683.00 2005 - 2019 BWP Million Monthly
Current Prices, NSA

Country Last Previous
Argentina 1131.00 Apr/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.34 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19