Botswana’s fuel exports was 0.67% of merchandise exports in 2023.

Neither way is good in itself. The share rises when fuel sales grow or when other exports shrink, and it falls in the opposite cases, so a move in either direction can have a healthy or a worrying cause. The latest figure, for 2023, is 0.67% of merchandise exports, slightly below 0.69% of merchandise exports a year earlier. Since 2014 the range runs from a low of 0.15% of merchandise exports in 2017 to a high of 0.72% of merchandise exports in 2014. The 2023 figure sits close to the top of that range.

Why it matters. Fuel makes up 0.67% of merchandise exports in Botswana, so changes in fuel prices or volumes have little direct effect on national export earnings. Export income, and the government revenue linked to it, depends on the other goods that fill almost all of the country's shipments. Households and firms feel movements in those exports far more than anything in the fuel line.