Market Brief on Botswana

Transcription

1 Market Brief on Botswana January 2018 Location Facts and Figures Total Population (2016) Area Time Zone Capital City International Telephone Code 2.26 Million 581,730 sq.km +2 hrs GMT +267 Botswana is a landlocked country located at the centre of Southern Africa. Its neighbouring countries are Namibia, South Africa and Zimbabwe. Cities and Population City Population 208,411 Francistown 89,979 Molepolole 63,248 Selebi-Phikwe 53,727 Maun 49,945 Serowe 47,419 Kanye 44,716 Mahalapye 44,471 Mogoditshane 43,394 Mochudi 36,962 Currency Exchange Rate (29/01/17) GDP GDP per capita GDP Growth Rate Ease of Doing Business (World Bank 2017) Inflation Rate Pula 1 USD = BWP US$ 11.0 billion US$ 5, / Official English Language(s) Languages Setswana, Kalanga, Sekgalagadi, Sesarwa Sempukushu Business Hours 0800 hrs-1700 hrs Lunch hrs Banking Hours hrs (weekdays) (Sat) Literacy Rate 76. Measures Important International Participation Metric System UN, AU, SADC, SACU, WTO

2 Na US$'000 Botswana Trade with the World 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000, Exports (US$'000) 5,971,245 7,573,299 7,915,468 6,319,191 7,320,706 Imports (US$'000) 8,025,288 7,433,499 7,830,451 7,626,168 6,102,722 Major import sources of Botswana (2016) Major export destinations of Botswana (2016) 7% 3 9% 19% 1 10% 6 10% 1 1 South Africa Namibia Canada India Belgium Mozambique China Germany UK Israel Belgium India South Africa Namibia UAE Israel Singapore Canada Switzerland Hong Kong

3 US$'000 Major import products of Botswana (2016) Major export products of Botswana (2016) 27% 28% % 7% 8% Pearls & precious stones (Diamond, gold) Pearls & precious stones (Diamond, gold) Mineral fuels (Petrol, diesel, paraffin, electricity) Machinery (Bulldozers, pumps, engines) Electrical machinery (telephone sets, coaxial cables, switches) Pharmaceutical products Articles of iron or steel (tubes, pipes, bridges, doors) Cereals (Maize, wheat, rice, sorgum,millet) Plastics and articles thereof Ores, slag and ash (Nickel ores & concentrates) Medical or surgical instruments and apparatus Nickel and articles (Nickel mates) Electrical machinery (Insulated wires, accumulators, electric motors) Meat and edible meat offal (Bovine, sheep,goat) Machinery (Bulldozers, engines & parts) Inorganic chemicals (Carbonates, iro oxides) Zimbabwe-Botswana Trade (US$ 000) 200, , ,000 50,000 - (50,000) (100,000) (150,000) Exports (US$'000) 48,796 44,011 27,939 30,799 29,085 Imports (US$'000) 112, , ,002 54,976 39,488 Trade Bal (US$'000) (64,094) (131,928) (120,063) (24,177) (10,403)

4 Zimbabwe s major exports to Botswana (2016) Zimbabwe s exports to Botswana in 2016, (US$ 000) Annual growth in value between , %, p.a. Botswana imports from the world in 2016, (US$ 000) Cane sugar 9,080-41,141 Wood sawn or chipped 5, ,957 Animal feeds 1, ,063 Manufactured tobacco (cigarettes) 829-1,574 Medicaments (antibiotics) ,942 Articles of iron & steel (doors & window frames) ,138 Zimbabwe products with export potential to Botswana Zimbabwe's imports from Botswana (2016) Pharmaceuticals Structures and products of iron & steel (rods, angle, plates including door and window frames) Cement Insulated wires/cables Raw sugar, cane Machinery parts Milk and cream, concentrated or sweetened Beauty or make-up preparations Refrigerators, freezers Animal feed preparations Alcoholic beverages Articles of plastics Sugar confectionery Footwear Furniture (wooden) 27% Salt (Sodium chloride) 8% 19% 9% 1 Paper materials (books, toilet papers, cartons & boxes) Soap Mineral fuels (Petroleum oil,coal, petroleum gas) Electrical machinery (Electric accumulators, generators,transformers) Iron and steel Pharmaceutical products Artificial stone Animal fodder

5 Useful Addresses Embassy of the Republic of Botswana 22 Phillips Avenue Belgravia P. O. Box 563 Harare Tel: /7/8 Fax: botzim@gov.bw Embassy of the Republic of Zimbabwe Plot 8850 P. O. Box 1232 Tel: /7 Fax: zimembassy@zimgaborone.gov.bw; zimgaborone@mega.bw Website: zimgaborone.gov.zw Botswana Confederation of Commerce, Industry and Manpower Old Lobatse Road Plot 5196 P. O. Box 432 Tel: Fax: publicrelations@boccim.co.bw Website: Preferential Trade Arrangements Zimbabwe-Botswana Preferential Bilateral Trade Agreement Ratified in 1988, the agreement provides for reciprocal duty free trade on all products grown, wholly produced, or manufactured wholly or partly from imported inputs subject to a 25 percent local content requirement. SADC Trade Protocol Zimbabwe and Botswana are both members of the SADC Trade Protocol. The Protocol is an agreement between SADC Member States to reduce customs duties and other barriers to trade on products from each other. By January 1, 2008, most customs duties (on 8 of tariff lines) had been eliminated for goods originating from SADC Member States. For more information on trading under the SADC Trade Protocol and the Bilateral trade agreement refer to ZimTrade s Guide to Zimbabwe s Trade Agreements. Travelling to Botswana Zimbabwe nationals do not need a visa to visit Botswana. A valid passport (at least 6 months) is required. Botswana is accessible by air, road and rail. There are flights nearly every day from Harare to via Johannesburg. By road there are Km (Harare- ) For more information, please contact us info@zimtrade.co.zw Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to