Exports in Botswana
Botswana - ExportsThe economy likely remained downbeat in the third quarter, after GDP plunged in the second quarter as Covid-19 slammed activity. Exports of rough diamonds, which account for around a third of government revenues, contracted by more than two thirds year-on-year in Q3 amid still-frail demand. Moreover, household credit growth weakened in July and August, which is set to have weighed on private consumption. Meanwhile, turning to Q4, in a bid to revive the tourism sector—the country’s second most important foreign exchange earner—the authorities started a phased reopening of borders, allowing air travel to resume gradually from 9 November. In other news, in mid-October, the government approached the World Bank, seeking budgetary support to help cover falling revenues due to the coronavirus health crisis.
Botswana - Exports Data
|Exports (USD billion)||6.3||7.4||6.0||6.6||5.2|
5 years of economic forecasts for more than 30 economic indicators.
Botswana Exports Chart
Source: Bank of Botswana
|Bond Yield||5.06||0.23 %||Dec 31|
|Exchange Rate||10.58||-0.31 %||Dec 31|
|Stock Market||1.2||0.0 %||Dec 30|
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