Botswana Trade Profile

 

Botswana is a development success story. A small, landlocked country of just over two million people, Botswana was one of the poorest countries in Africa with a per capita gross domestic product (GDP) of about $70 when it gained independence from Britain in 1966. In the years that followed, supported by the discovery of diamonds, Botswana has been one of the fastest growing economies in the world and moved into the ranks of upper-middle income countries. Real GDP showed robust growth of average 5% per annum over the past decade.

The country has a mature democracy, with free and fair elections held regularly and the constitution provides for fundamental rights and freedoms. The Botswana Democratic Party (BDP) has been in power since the first elections were held in 1965. The BDP won the 2014 general election, and Lieutenant- General Seretse Khama Ian Khama was sworn in as President for a second term.

General Seretse Khama Ian Khama was sworn in as President for a second term.

Source: The World Bank

Botswana GDP

 

2013

2014

2015

GDP Purchasing Power Parity

$34.69 billion

$36.22 billion

$37.16 billion

GDP Real Growth Rate

9.3%

4.4%

2.6%

GDP – Per Capita

$16,500

$17,200

$17,700


Note: Data is in 2015 US dollars
Source: CIA World Factbook

 

GDP with a Breakdown % of Sector Activities

Sector

2015

Agriculture

1.8%

Industry

32.9%

Services

65.3%

 

Source: CIA World Factbook


Main Industries

The list below consists of the major industries and commodities of Botswana:

  • Diamonds
  • Copper
  • Nickel
  • Salt
  • Soda Ash
  • Potash
  • Coal
  • Iron Ore
  • Silver
  • Livestock Processing
  • Textiles

Source: CIA World Factbook


List of Importing Markets for the Product Exported by Botswana in 2014

Importers

Trade Indicators

Exported value 2014 (USD thousand)

Share in Botswana's exports (%)

World

7,915,468

100

Belgium

2,040,988

25.8

India

1,179,639

14.9

South Africa

932,896

11.8

Israel

662,201

8.4

Namibia

583,848

7.4

United Arab Emirates

372,631

4.7

Singapore

347,375

4.4

Canada

323,239

4.1

Switzerland

281,230

3.6

Hong Kong, China

235,973

3

Source: ITC Trade Map

 

List of Supplying Markets for the Product Imported by Botswana in 2014

Exporters

Trade Indicators

Imported value 2014 (USD thousand)

Share in Botswana's imports (%)

World

7,830,451

100

South Africa

4,952,701

63.2

Namibia

944,326

12.1

Canada

783,749

10

Belgium

312,366

4

Israel

118,735

1.5

United States of America

112,361

1.4

China

88,222

1.1

India

76,353

1

Germany

76,074

1

United Kingdom

64,646

0.8

Unit: Data is in US dollar thousands
Source: ITC Trade Map