• DIALOGUE VACANCYAugust 28, 2025
      WE ARE HIRING FOR WHAT’S NEXT RelatedPosts DIALOGUE VACANCY TENDER NOTICE CHOPPIES VACANCY – ASIAN CHEF Botswana’s leading agency is looking for the best talent. At The Dialogue Group (TDG), bold thinking meets precision delivery and work that… Read more: DIALOGUE VACANCY
  • Betway fixingwithdrawal glitchesAugust 27, 2025
    Betway fixingwithdrawal glitches Partners with banks for seamless transactions Punters decry limited withdrawals, inconveniences Mabiletsa appreciates strong relationship with VIP clients KITSO RAMONO RelatedPosts Betway fixingwithdrawal glitches Bold pitch for BETP The P162 billion windfall editors@thepatriot.co.bw   Betway Botswana… Read more: Betway fixingwithdrawal glitches
  • TENDER NOTICEAugust 27, 2025
      Civil Aviation Authority of Botswana (CAAB) is astatutory body established as a State-Owned Enterprise(SOE)topromotesafe,regular,secureandefficientuseand  development of Civil Aviation in Botswana; To regulate and develop air transport, byproviding air navigation services, managing airports and advising the Botswana Government on… Read more: TENDER NOTICE
  • Bold pitch for BETPAugust 26, 2025
    Out with modesty; in with frankness – no ego nursing. Naledi Madala is spelling it out without holding back.  She behoves the nation to have a hard look in the mirror and acknowledge the wrong turns the country has… Read more: Bold pitch for BETP
  • The P162 billion windfallAugust 26, 2025
    The P162 billion windfall Unprecedented Qatar’s investment lifts economic mood RelatedPosts Betway fixingwithdrawal glitches Bold pitch for BETP The P162 billion windfall   Amount four times Botswana’s foreign reserves at P44 billion Almost double Botswana’s 2025/26 national budget of… Read more: The P162 billion windfall
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Thursday, August 28, 2025
17 °c
Gaborone
21 ° Tue
22 ° Wed
24 ° Thu
26 ° Fri
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result
Home Business

Botswana export revenue doubles

patriot by patriot
November 9, 2020
in Business
242
0
Dr Mguni

Dr Mguni

491
SHARES
1.4k
VIEWS
ShareShareShare

The monthly figures on the International Merchandise Trade Statistics (IMTS) for July 2020 released recently by Statistics Botswana (SB) shows that Botswana‘s export income grew by 100%.

The figures by the national statistics custodian points out that overall exports amounted to P2 164.8 million, a rise of more than 100% as equated to P1, 101.7 million recorded in June 2020.

RelatedPosts

Betway fixingwithdrawal glitches

Bold pitch for BETP

Botswana Mining Show coming 

Dr Burton Mguni’s led entity further said the imports stood at P5 939.9 million, showing a decrease of 18.8% from the revised June 2020 value of P7 312.2 million.

“During the period under review, Botswana’s exports were mostly absorbed by the EU with a market share of 57.0%, with Belgium receiving 56.2 percent of total exports,” Statistics Botswana said in a report.

The most exported commodities from Botswana were diamonds, machinery and electrical equipment at 79.1% and 6.0% of total exports while South Africa was major source of imports.

Credit Manager at BancABC and economist, Pako Moshaga, said the issue of Botswana being an import-led country is quite an old song.

“Recent statistics are no different from trade disproportion levels we saw say 10 years ago. As per the July 2020 Statistics Botswana figures, the amount spent on imports was more than double the revenue made from exports, “Moshaga said giving an economic insights on figures.

According to Moshaga, it is important for Botswana as a nation to have a healthy balance of trade position as a positive balance of trade spills over into a pleasing balance of payments position.

This, he said, can be established through tilting the current trading scales through having higher export levels, adding that as it stands diamonds are still Botswana’s flagship export product.

“As at July 2020, they accounted for 79.1% of exports. One way to normalise the scales is to produce the top imported products locally. Fuel is such a product that we can tap into,” he said.

He said the manufacturing sector is a multi-faceted industry that can also lead to higher exports because Botswana imports a lot from South Africa which has a robust manufacturing sector.

“The nation should look to manufacturing of products that are in high demand regionally. Food stuff and other domestic use products are great areas. We see this in how food and beverages are amongst the top 3 imported items as per the July 2020 statistics,” he highlighted.

Statistics Botswana revealed that South Africa was the major source of imports into Botswana with a contribution of 53.3 percent to the country’s total imports during period under review.

“Namibia, Belgium and Canada followed with contributions of 21.6 percent, 4.1 percent and 4.0 percent, respectively. With regard to regional groupings, SACU was the major source of imports with a contribution of 75.4 percent. Asia and the EU accounted for 11.7 percent and 6.0 percent respectively,” SB underscored.

Related

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Cresta suffers 50% fall in revenue

Next Post

Choppies posts strong results

Related Posts

Business

Betway fixingwithdrawal glitches

August 27, 2025
Bold pitch for BETP
Business

Bold pitch for BETP

August 27, 2025
Botswana Mining Show coming 
Business

Botswana Mining Show coming 

August 20, 2025
StanChart upbeat on CIB transition
Business

StanChart upbeat on CIB transition

August 19, 2025
BOSETU disburses P2 million bursaries
Business

BOSETU disburses P2 million bursaries

August 15, 2025
Letshego’snet advances hit P14 billion
Business

Letshego’snet advances hit P14 billion

August 13, 2025
Next Post
Choppies posts strong results

Choppies posts strong results

Please login to join discussion
  • DIALOGUE VACANCYAugust 28, 2025
      WE ARE HIRING FOR WHAT’S NEXT RelatedPosts DIALOGUE VACANCY TENDER NOTICE CHOPPIES VACANCY – ASIAN CHEF Botswana’s leading agency is looking for the best talent. At The Dialogue Group (TDG), bold thinking meets precision delivery and work that… Read more: DIALOGUE VACANCY
  • Betway fixingwithdrawal glitchesAugust 27, 2025
    Betway fixingwithdrawal glitches Partners with banks for seamless transactions Punters decry limited withdrawals, inconveniences Mabiletsa appreciates strong relationship with VIP clients KITSO RAMONO RelatedPosts Betway fixingwithdrawal glitches Bold pitch for BETP The P162 billion windfall editors@thepatriot.co.bw   Betway Botswana… Read more: Betway fixingwithdrawal glitches
  • TENDER NOTICEAugust 27, 2025
      Civil Aviation Authority of Botswana (CAAB) is astatutory body established as a State-Owned Enterprise(SOE)topromotesafe,regular,secureandefficientuseand  development of Civil Aviation in Botswana; To regulate and develop air transport, byproviding air navigation services, managing airports and advising the Botswana Government on… Read more: TENDER NOTICE
  • Bold pitch for BETPAugust 26, 2025
    Out with modesty; in with frankness – no ego nursing. Naledi Madala is spelling it out without holding back.  She behoves the nation to have a hard look in the mirror and acknowledge the wrong turns the country has… Read more: Bold pitch for BETP
  • The P162 billion windfallAugust 26, 2025
    The P162 billion windfall Unprecedented Qatar’s investment lifts economic mood RelatedPosts Betway fixingwithdrawal glitches Bold pitch for BETP The P162 billion windfall   Amount four times Botswana’s foreign reserves at P44 billion Almost double Botswana’s 2025/26 national budget of… Read more: The P162 billion windfall
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?