Botswana recorded a trade gap of BWP 392.5 million in April of 2019 compared to a BWP 734.7 million surplus in the same month a year ago. Imports jumped 31.2 percent to BWP 6,130.4 million, amid higher purchases of diamonds (62.2 percent); vehicles & transport equipment (68.1 percent); machinery & electrical equipment (29.6 percent) and metals & metals products (73.4 percent). Main import partners were South Africa (48.2 percent of total purchases), the US (11.5 percent), Namibia (10.8 percent) and Canada (5.9 percent). Meantime, exports rose at a much slower 6.1 percent to BWP 5,737.9 million, driven by sales of diamonds (9 percent) and machinery & electrical equipment (1.5 percent). In contrast, sales fell mostly for other goods (-14 percent); salt & soda ash (-22.7 percent) and meat & meat products (-31 percent). Main export partners were Belgium (26 percent of total shipments), India (22.9 percent), the UAE (20.4 percent) and Israel (10.1 percent). Balance of Trade in Botswana averaged -94.70 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 -116.59 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
2019-02-28 02:40 PM Balance of Trade Jan BWP 497.4M BWP -1208.7M BWP -2500M
2019-04-26 02:50 PM Balance of Trade Feb BWP -3027.5M BWP 126.9M BWP 850M
2019-06-19 09:10 AM Balance of Trade Mar BWP 698.1M BWP -2813.2M BWP -1700M
2019-07-09 11:10 AM Balance of Trade Apr BWP -392.5M BWP 706.2M BWP -300M
2019-08-08 02:40 PM Balance of Trade May BWP -392.5M BWP 1400M
2019-08-28 02:40 PM Balance of Trade Dec
2019-11-20 10:00 AM Balance of Trade Jun BWP -500M

Botswana Trade Last Previous Highest Lowest Unit
Balance of Trade -392.50 706.20 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 6130.40 5768.70 9778.30 2458.30 BWP Million [+]
Exports 5737.90 6474.90 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 16027.59 16072.40 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-392.50 706.20 4102.21 -6683.00 2005 - 2019 BWP Million Monthly
Current Prices, NSA

Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19