2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 82 / 186

About

Italy-Botswana Trade: In 2022, Italy exported $13.9M to Botswana. The main products that Italy exported to Botswana were Low-voltage Protection Equipment ($3M), Packaged Medicaments ($2.03M), and Stone Processing Machines ($641k). Over the past 5 years the exports of Italy to Botswana have increased at an annualized rate of 7.15%, from $9.85M in 2017 to $13.9M in 2022.

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

Botswana-Italy Trade: In 2022, Botswana exported $753k to Italy. The main products that Botswana exported to Italy were Frozen Bovine Meat ($339k), Tanned Equine and Bovine Hides ($162k), and Iron Structures ($59.5k). Over the past 5 years the exports of Botswana to Italy have decreased at an annualized rate of 1.63%,  from $995k in 2017 to $753k in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $13.9M to Botswana. The main products exported from Italy to Botswana were Low-voltage Protection Equipment ($3M), Packaged Medicaments ($2.03M), and Stone Processing Machines ($641k). During the last 5 years the exports of Italy to Botswana have increased at an annualized rate of 7.15%, from $9.85M in 2017 to $13.9M in 2022.

In 2017, Botswana exported $753k to Italy. The main products exported from Botswana to Italy were Frozen Bovine Meat ($339k), Tanned Equine and Bovine Hides ($162k), and Iron Structures ($59.5k). During the last 5 years the exports of Botswana to Italy have decreased at an annualized rate of 1.63%, from $995k in 2022 to $753k in 2017.

Exports from Italy (Flag) to Botswana (Flag) (2022)

Exports from Botswana (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Botswana
Top Destination
United Arab Emirates$2.31B

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

In 2022, countries that imported more from Italy than Botswana included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Botswana than Italy included Anguilla ($50M), Zimbabwe ($62.6M), and Zambia ($70.6M).

Difference in imports from Botswana (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Botswana

Flow
Scale

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

During 2022, Italy had a large net trade with Botswana in the exports of Machines ($6.97M), Chemical Products ($2.65M), and Plastics and Rubbers ($1.26M).

During 2017, Botswana had a large net trade with Italy in the exports of Animal Products ($340k), Animal Hides ($162k), and Machines ($137k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Botswana+$2.82MPackaged Medicaments
Top Product Potential Botswana Italy+$310kFrozen Bovine Meat

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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Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Botswana (Flag) (2022)

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