Botswana's Trade Deficit Narrows Significantly in 2025
Botswana's trade deficit decreased to P12.4 billion in 2025, down from P34.5 billion in 2024 due to increased diamond and copper exports. This improvement highlights the impact of reduced diamond imports and a growing export market.
In 2025, Botswana's merchandise trade deficit was P12.4 billion, a significant reduction from P34.5 billion in 2024. Diamond exports surged to P53.9 billion, up from P44 billion, while copper exports increased to P11.03 billion from P10.06 billion.
AI-curated by TheiaContributing factors include softer imports of diamonds under the agreement with De Beers, which supplies diamonds from global mines for sale in Gaborone. This trend may indicate a strengthening of Botswana's economy and increased competitiveness in the global market, potentially influencing future trade policies.
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