sweet peanut oil machine foreign trading in botswana

   
sweet peanut oil machine foreign trading in botswana
                                               
                                               
                                               
                                               
  • sweet peanut oil machine foreign trading in botswana
  • What does Botswana import?
  • Botswana primarily imports diamonds (35.1%), petroleum oils (9.7%), motor vehicles (3.7%), electrical energy (1.7%), and medicaments (1.6%). The country is heavily dependent on electricity imports, as it only produces 60% of its needs domestically. Botswana¡¯s trade balance is highly dependent on global prices and demand for diamonds.
  • Which countries export diamonds to Botswana?
  • Botswana¡¯s trade balance is highly dependent on global prices and demand for diamonds. The United Arab Emirates, Belgium, India, South Africa, and Israel are the country¡¯s leading exports destination. South Africa, Belgium, the United Arab Emirates, India, and Namibia are its main suppliers.
  • Does Botswana open up to international trade?
  • Botswana has made significant efforts to open up to international trade and strengthen its integration in the region, despite its geographical position. According to World Bank, international trade accounted for 94.5% of the country’s GDP in 2021.
  • How much did Botswana Export in 2021?
  • According to the last available data from the WTO, Botswana exported USD 7.2 billion worth of goods in 2021, while its goods imports reached USD 8.3 billion. As for services, the country imported USD 1.1 billion and exported USD 468 million. As a result, the country’s overall trade balance equalled USD 1.3 billion in 2021.