Weak diamond exports trigger P2bn trade deficit

Due to the low exportation of rough diamonds from the aggregation process, total exports were valued at P2.3 billion in November, a decrease of 50.3 percent from the October 2015 value of P4.6 billion.

“As a result of rough diamonds from the aggregation process not being exported on a monthly basis, fluctuations in the value of total exports are observed. Values are high during the months when rough diamonds from the aggregation process are exported and are low when there is insignificant exportation from the aggregation process,” stated Statistics Botswana.