Botswana

In 2012, the value of merchandise exports of Botswana increased slightly by 1.5 percent to reach 6.0 bln US$, while its merchandise imports increased substantially by 10.4 percent to reach 8.0 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a moderate deficit of 2.1 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Sub-Saharan Africa at -4.5 bln US$ (see graph 4). Merchandise exports in Botswana were highly concentrated amongst partners; imports were also highly concentrated. The top 4 partners accounted for 80 percent or more of exports and 3 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Botswana decreased substantially by 41.3 percent, reaching 304.3 mln US$, while its imports of services decreased substantially by 22.1 percent and reached 670.3 mln US$ (see graph 2). There was a large trade in services deficit of 366.0 mln US$.

Related Subject(s): International Trade and Finance

Countries: Botswana