Thursday, June 20, 2024

Botswana faces continued trade deficit despite March export surge

Botswana’s trade balance remained in deficit in March 2024, extending a trend that has persisted since September 2023, according to the latest figures released by the national statistics office.

In March, the country recorded a trade deficit of P2.4725 billion, despite a significant rise in exports. The total value of exports increased by 30.2 percent, reaching P4.5185 billion, up from the revised February 2024 figure of P3.4708 billion. The boost in exports was driven primarily by Diamonds and Copper, which accounted for 67.1 percent and 17.0 percent of the total exports, respectively.

There's more to this story

But to keep reading, we need you to subscribe.

Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers.

You can subscribe for one week, a month or a full year - the choice is yours.

Save 77% on an annual subscription. Click here to find out how.

Existing subscribers can log in to keep reading here.

RELATED STORIES

Read this week's paper