Botswana Pearls and Precious Stones Exports – Botswana Export Data

09 September 2020
Botswana Export Data

Botswana’s largest export category in 2019 was pearls and precious stones, which accounted for 91.4% to the overall value of total exports. Botswana shipped pearls and precious stones worth USD 4.7 billion in 2019, a drop from 2018’s USD 5.2 billion. According to Botswana export data, Botswana’s top export destination of pearls and precious stones was India, which shared 23.6% value to total exports. Here is a comprehensive outlook on Botswana export market of pearls and precious stones.


Exports of Pearls and Precious Stones from Botswana 2010-2019


From 2011 to 2014, Botswana saw a boom in pearls and precious stones industry, which recorded an increase in value of shipments. Year 2015 registered a decline in value of pearls & precious stones exports, while year 2016 recorded an increase in the value of shipments. There was a decline in value of pearls and precious stones shipments in year 2017 and 2018, which further declined sharply in 2019. Below given chart and table shows dollar amount of Botswana’s exports of pearls and precious stones recorded in the last 10 years.



Year

Value USD Million

2010

3,270

2011

4,529

2012

4,829

2013

6,336

2014

6,764

2015

5,243

2016

6,539

2017

5,434

2018

5,522

2019

4,789

 


List of Top 5 Commodities of Pearls and Precious Stones Industry


Which products Botswana exported in 2019 under pearls and precious stones industry? Diamond was the largest export commodity of Botswana under pearls and precious stones, which shared whopping 90% to overall value of export shipments recorded in 2019. Here is a list of top 5 commodities of pearls and precious stones industry at 4-digit level HS Code.



Product

Value USD Million

Diamonds

4,747.2

Gold

40.6

Waste and Scrap of Precious Metal

1.1

Articles of Jewelry and Parts

0.4

Articles of Natural or Cultured Pearls, Precious or Semi-precious Stones

0.1

 


Botswana’s Top 10 Export Partners 2019 of Pearls and Precious Stones


Botswana’s top 10 export partners of pearls and precious stones in 2019 were India (USD 1,130.9 million), Belgium (USD 1,026.0 million), United Arab Emirates (USD 952.2 million), Israel (USD 372.8 million), Hong Kong, China (USD 296.7 million), Singapore (USD 287.6 million), South Africa (USD 212.5 million), Switzerland (USD 176.6 million), Namibia (USD 132.4 million) and the United States of America (USD 76.2 million).


These countries accounted for 97.4% to total exports of pearls and precious stones. Below given chart and table shows percentage share of Botswana’s top 10 export destinations of pearls and precious stones recorded in 2019.



Country

Value USD %

India

23.6

Belgium

21.4

United Arab Emirates

19.9

Israel

7.8

Hong Kong, China

6.2

Singapore

6.0

South Africa

4.4

Switzerland

3.7

Namibia

2.8

United States

1.6

 


Pearls and precious stones is the largest industry of Botswana. Certainly, year 2020 will see an impact of coronavirus pandemic on pearls and precious stones industry. Check all updates on Botswana exports of pearls and precious stones and other markets right here.

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