Trade Balance in Botswana

Botswana Trade Balance | Economic News & Forecasts

Botswana - Trade Balance

The economy likely continued to lose steam in the first quarter of 2022. Inflation rose notably in the period, and should have dented household consumption. Further, household credit growth eased in the quarter. Greater global uncertainty amid the onset of the war in Ukraine should have dented business confidence and affected capital outlays. More moderate growth in business credit further points to cooling activity. Turning to Q2, inflation averaged higher in April–May as price pressures rose to an over 13-year high in May. Meanwhile, plans have been drawn to construct a USD 2.5 billion coal-to-liquids plant. This is partly due to the country’s reliance on South African imports and subsequent power shortages due to logistical issues in South Africa. In other news, Botswana threatened to quit the UN’s CITES convention, calling for the ability to sell part of its ivory stockpiles.

Botswana - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)-0.7  1.5  0.8  0.5  -1.3  

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Note: Trade balance in USD bn.
Source: Bank of Botswana and FocusEconomics calculations.

Botswana Facts

Value Change Date
Bond Yield5.060.23 %Dec 31
Exchange Rate10.58-0.31 %Dec 31
Stock Market1.20.0 %Dec 30

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