A short-lived rebound in Botswana’s trade account lost momentum in July as exports fell faster than imports, pulling the balance back into deficit. Fresh figures from Statistics Botswana show that exports fell to P6.3 billion during the month, a decline of 16.9 percent from June. Imports also eased, dropping 7.1 percent to P6.4 billion. However, the softer import bill was not enough to offset weaker exports, leaving the country with a P96 million shortfall. This marked a sharp turnaround from the nearly P700 million surplus recorded in June, which had closed off Botswana’s first positive quarter in two years.
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