Botswana Imports Refined Petroleum – Botswana Import Data

14 September 2020
Botswana Import Data

Botswana’s imports of refined petroleum totaled USD 704.6 million in 2019, down from 2018’s USD 739.1 million. Since last five years, Botswana recorded the lowest import value of refined petroleum in 2016. According to Botswana import data, Botswana’s largest import partner in 2019 of refined petroleum was South Africa with 88% share in value. Let’s discuss Botswana’s import market of refined petroleum with Botswana import statistics and market intelligence report.


Botswana Imports Refined Petroleum 2015-2019


Botswana trade data available with us shows that year 2016 recorded the lowest import value of refined petroleum in the last 5 years. The highest number of refined petroleum shipments arrived at Botswana ports in 2015. Botswana recorded growth value of refined petroleum as follows – between 2015-2016 (-19%), between 2016-2017 (14%), between 2017-2018 (2%), year 2018-2019 (-5%). Below give chart and table shows dollar amount of imports of refined petroleum into Botswana recorded from 2015 to 2019.



Year

Value USD Million

2015

775.8

2016

631.8

2017

722.6

2018

739.1

2019

704.6

 


Refined petroleum comes under HS Code 2710, in which three major products are covered. Botswana imported light oils and preparations worth USD 700.9 million, medium oils and preparations worth USD 3.2 million and waste oils containing mainly petroleum or bituminous minerals worth USD 0.4 million in 2019.


Botswana’s Top 5 Import Partners of Refined Petroleum


As per Botswana shipment data, Botswana’s top 5 import partners of refined petroleum in 2019 were South Africa (USD 622 million), India (USD 29 million), Namibia (USD 21 million), Saudi Arabia (USD 19 million) and Singapore (USD 4 million). South Africa accounted for 88.3% to total Botswana imports of refined petroleum. These countries together accounted for 99.2% to overall value of refined petroleum entered into Botswana. Below given chart and table shows value in percentage of Botswana’s top 5 import sources recorded in 2019.

 



Country

Value USD %

South Africa

88.3

India

4.3

Namibia

3.1

Saudi Arabia

2.8

Singapore

0.7

 


Botswana is 19th largest import country of refined petroleum in the African continent. The country mostly imports light oils and preparations the most, followed medium oils and preparations. Check all updates on Botswana imports of refined petroleum with statistics and market intelligence reports right here which will be useful to your business.

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