Nominal GDP $20.756B, Per capita GDP $7,758.37, Population 2,675,352, Debt to GDP 123.0%, Inflation 16.8%, Unemployment 25.9%, Labor force participation rate 64.5%, Land area 218,816 sq miles Arable land 0.46%, Urban 69.1% Rural 30.9%, Exports $8.65B, Imports $7.83B, Trade Surplus $0.82B.
The top exports of Botswana are Diamonds ($7.4B), Copper Ore ($340M), Insulated Wire ($152M), Coal Briquettes ($99.5M), and Bovine ($98.2M), exporting mostly to United Arab Emirates ($2.31B),
Belgium ($1.55B), India ($1.28B), South Africa ($836M), and Hong Kong ($549M).
The top imports of Botswana are Diamonds ($2.13B), Refined Petroleum ($1.31B), Delivery Trucks ($140M), Raw Sugar ($127M), and Cars ($111M), importing mostly from South Africa ($4.74B), Namibia ($672M), Belgium ($397M), India ($329M), and Canada ($322M).
Economic diversity is an even greater challenge for Botswana. Despite attempts to move towards a knowledge-based tertiary sector economy, Botswana's economy remains dominated by diamonds and livestock production. The underdevelopment of other sectors has led to both high wealth inequality and rising unemployment.
https://oec.world/en/profile/bilateral-country/usa/partner/bwa
Norb Leahy, Dunwoody GA Tea Party Leader
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