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Botswana's total global exports increase by 9.3 percent

Publishing Date : 09 December, 2019

Author : LAWRENCE PAGANGA



Botswana's total global exports for September this year amounted to P4,250.6 million, showing a significant increase of 9.3 percent compared to August 2019 when exports had a lesser value of P3,889.5 million.



The latest figures were announced this week by the Statistician General Dr. Burton Mguni in the Statistics Botswana's International Merchandise Trade Statistics (IMTS) monthly digest.

However, the Statistician General was quick to highlight that the value of the total exports in September 2019 showed a decrease of 2.7 percent when compared to September 2018, which had P5,247.1 million registered exports.




"Botswana's total exports amounted to P4,250.6 million, resulting in an increase of 9.3 percent when compared to the revised August 2019 value of P3,889.5 million.  Imports for the month of September were valued at P5,247.1 million, showing an increase of 1.7 percent from the revised August 2019 value of P5,159.6 million," Dr. Mguni said.

However, he stressed that the September 2019 combined exports were lower than those the country recorded in September 2018.




"Comparison of total exports value for September 2019 and 2018 shows a fall of 29.8 percent (P1,807.2 million) from P6,057.8 million recorded in September 2018 to P4,250.6 million during the period under review.

"The decline in total exports was mainly influenced by the decrease in diamonds exports, having declined by 29.4 percent (P1,558.4 million) from P5,297.9 million recorded in September 2018 to P3,739.5 million registered in September 2019. 


Salt and soda ash showed a decrease of P179.6 million ( 74.7 percent) from P240.5 million in September 2018 to P60.9 million recorded during the month under review," he said.

In September this year, Belgium and South Africa were the major destination countries for Botswana's exports, having received 17 percent and 15.2 percent respectively.  India and Switzerland received 14.5 percent and 14.2 percent respectively.  The United Arab Emirates (UAE) got 11.9 percent of the total exports. 


Asia as a regional bloc received 45.9 percent of total exports during the month under review.  The Southern Africa Customs Union (SACU) got 18 percent while the European Union (EU) received exports accounting for 18.1 percent.

"Botswana mostly exported diamonds, which accounted for 88 percent of total exports during September 2019.  Machinery and transport equipment contributed 3.4 percent while meat and meat products, and salt and soda ash contributed 2.1 percent and 1.4 percent respectively," Dr. Mguni added.




"The SACU region contributed 81.6 percent of total imports during September 2019.  Most of the imports from SACU came from South Africa, followed by Namibia, accounting for 70.8 percent and 10.3 percent respectively.  Imports from Asia and the EU regions accounted for 7.5 percent and 3.8 percent respectively while imports from Canada accounted for 4.6 percent during the month under review," the Statistician General said.




Commodities that were imported mostly during September 2019 were led by diamonds at 21.8 percent, followed by machinery and electrical equipment at 15.6 percent while food, beverages and tobacco contributed 14.8 percent.  Fuel imports accounted for 13.1 percent while imports of chemical and rubber products represented 10.6 percent.

The IMTS is an account of all business transactions of merchandise between domestic businesses and the rest of the world and plays a vital role in many economies, Botswana included.  It also remains one of the major contributing indicators of the performance of any country's economy and its competitiveness on the global market.

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