Botswana (BWA) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Botswana-Russia Trade: In 2022, Botswana exported $52 to Russia. The main products that Botswana exported to Russia were Jewellery ($29), Knit Sweaters ($7), and Non-Knit Men's Suits ($5). Over the past 5 years the exports of Botswana to Russia have decreased at an annualized rate of 87.1%, from $1.46M in 2017 to $52 in 2022.

In 2022, Botswana did not export any services to Russia.

Russia-Botswana Trade: In 2022, Russia exported $49.6M to Botswana. The main products that Russia exported to Botswana were Diamonds ($49.5M), Other Construction Vehicles ($45.7k), and Electric Heaters ($40.4k). Over the past 5 years the exports of Russia to Botswana have increased at an annualized rate of 20.5%, from $19.5M in 2017 to $49.6M in 2022.

In 2020, Russia exported services to Botswana worth $14k, with Financial services ($5k), Computer and information services ($5k), and Other business services ($4k) being the largest in terms of value.

Comparison: In 2022, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Botswana exported $52 to Russia. The main products exported from Botswana to Russia were Jewellery ($29), Knit Sweaters ($7), and Non-Knit Men's Suits ($5). During the last 5 years the exports of Botswana to Russia have decreased at an annualized rate of 87.1%, from $1.46M in 2017 to $52 in 2022.

In 2017, Russia exported $49.6M to Botswana. The main products exported from Russia to Botswana were Diamonds ($49.5M), Other Construction Vehicles ($45.7k), and Electric Heaters ($40.4k). During the last 5 years the exports of Russia to Botswana have increased at an annualized rate of 20.5%, from $19.5M in 2022 to $49.6M in 2017.

Exports from Botswana () to Russia () (2022)

Exports from Russia () to Botswana () (2022)

Latest Data

Trade between Botswana () and Russia ()

Botswana Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Russia
Top DestinationChina$101B

This map shows whether countries import more from Botswana or Russia. Each country is colored based on the difference in imports they receive from Botswana and Russia or the difference in the growth in imports.

In 2022, countries that imported more from Botswana than Russia included South Africa ($836M), Israel ($498M), and Namibia ($111M).

In 2022, countries that imported more from Russia than Botswana included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Botswana () (2022)

Comparative Advantage Botswana - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Botswana and Russia by product, considering products traded by both, Botswana and Russia.

During 2022, Botswana had a large net trade with Russia in the exports of Precious Metals ($29) and Textiles ($23).

During 2017, Russia had a large net trade with Botswana in the exports of Precious Metals ($49.5M), Machines ($111k), and Stone And Glass ($3.44k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Russia+$5.63kDiamonds

Top Product Potential Russia Botswana+$2.96MDiamonds

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Botswana worth $14k, with Financial services ($5k), Computer and information services ($5k), and Other business services ($4k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Botswana () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Botswana and Russia. This means that a dot/product with the flag of Botswana indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Botswana.

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Historical Data

Bilateral Trade by Products

Exports from Botswana () to Russia () (2022)

Exports from Russia () to Botswana () (2022)

Latest Data

Trade between Botswana () and Russia ()

Botswana Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Botswana () (2022)

Comparative Advantage Botswana - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Botswana () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Botswana () and Russia () (2022)

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