Botswana AGOA textile exports tumble

No Image

Botswana exported textiles worth US$1.74 million (P14.9 million) under the United States' African Growth and Opportunities Act in the first three months of the year, representing a drop from US$4.1 million(P35 million) over the same period last year, official data shows.

The data, compiled by the US Department of Commerce and released recently by the Southern Africa Trade Hub, also pegs local AGOA textile exports for 2012 at US$10.4 million (P88.8 million). The figure is a 31 percent fall from the US$15 million (P128.1 million) recorded in 2011.The first quarter and full year 2012 figures indicate that Botswana continues to fall significantly behind other African states in the total utilisation of AGOA's duty and quota free textile export provisions.

The data indicates that Lesotho continues to lead the continent with US$74.9 million (P640 million) in textile exports to the US in the first quarter of the year, followed by Kenya with US$71.4 million (P610 million) and Mauritius with US$43 million (P367.2 million).In terms of total AGOA textile exports in 2012, Botswana is ranked sixth in Africa after Lesotho, Kenya, Mauritius, Swaziland and Ethiopia.Observers said the generally lower local textile exports to the US were due to challenges local manufacturers faced last year, specifically the uncertainty and delays in the renewal of a key provision within AGOA.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

Have a Story? Send Us a tip
arrow up