- Diamond and copper exports plunged sharply in March
- Trade deficit exposes Botswana’s commodity dependence risks
GABORONE, BOTSWANA – Botswana’s trade deficit widened sharply in March after collapsing diamond and copper flows exposed the vulnerability of the country’s commodity-dependent economy.
Imports fell 50% to $385.6mn (P5.03bn) while exports declined 41.2% to $253.7mn (P3.31bn), leaving Botswana with a trade deficit of $131.5mn (P1.72bn), according to data released by Statistics Botswana.
This article is free to read.
Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.
Create your free account or sign in
