Botswana Food Import Bill

P38 6 bln machinery electric 17 5 fuel 14 8 food beverages tobacco 12 5 chemicals rubber products 10 9 sb 2010 economic diversification potential special economic zones incentives production of goods and services for export.

Botswana food import bill. Botswana s p7 7 billion food import bill must challenge young minds to identify niche enterprises says minister of agricultural development and food security mr karabo gare. As such anyone who would want to get into the import business in botswana and benefit from these trade opportunities must find out what the top 10 imports for botswana are. First take a look at a few facts concerning botswana imports. Imports for february 2017 were valued at p4 203 8 million.

Food beverages and tobacco data was reported at 564 200 bwp mn in may 2020. Imports in botswana increased to 7251 80 bwp million in june from 4989 10 bwp million in may of 2020. She said given botswana s urgent need to attain food security and reduce the food import bill the bank repositioning will ensure that focused investments are made into the agricultural sector to foster commercialization of impactful farming activities. Food beverages tobacco and fuel dominated imports from south africa at 25 1 percent p523 6 million and 23 7 percent.

Therefore food remains the most important component of the import bill in order to meet the shortfall in most basic food commodities that the country cannot produce. Food beverages and tobacco data is updated monthly averaging 463 200 bwp mn from jan 2003 to may 2020 with 209 observations. This page provides the latest reported value for botswana imports plus previous releases. Due to its land lock position botswana s economic development is vulnerable to external influences.

This records an increase from the previous number of 518 500 bwp mn for apr 2020. The country s demand for milk is 60million litres but the country produced only 4 9million litres in 2015 2016. South africa was the main source of imports within the union with a contribution of 75 8 percent p3 187 4 million. Botswana s main import trading partner is the southern african customs union sacu with most imports coming from south africa at 61 4 percent p2 087 0 million of total imports during the month.

The data reached an all time high of 1 061 300 bwp mn in dec 2019. Raw materials in abundance what are they. Southern african customs union sacu was the major source of imports into botswana accounting for 87 5 percent p3 677 3 million of total imports. According to ralotsia botswana is deficit in most commodities with an import bill of p147 9million for commodities that includes milk honey goat and sheep meat horticultural produce pork cereals and chicken.