Trade deficit narrows sharply

Botswana’s Trade Deficit Shrinks Significantly in 2025

Botswana experienced a substantial reduction in its trade deficit during the first nine months of 2025. This positive shift is largely attributed to a robust performance in exports during the second quarter, which helped to offset earlier and later shortfalls.

Key Figures Revealed by Statistics Botswana

Official data from Statistics Botswana indicates a significant improvement. The cumulative trade deficit for January through September 2025 decreased to approximately P8.2 billion. This represents a considerable drop from the P22.3 billion recorded during the same period in the previous year.

Factors Contributing to the Improvement

The strong rebound in exports during the second quarter played a crucial role in narrowing the deficit. While specific export categories were not detailed in the public statement, the overall surge helped balance the trade ledger despite initial and late-period challenges.

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