Zim-Botswana trade has potential to double � BITC

BITC is eyeing more exports to Zimbabwe
BITC is eyeing more exports to Zimbabwe

There is potential to more than double the bilateral trade between Botswana and Zimbabwe, a study carried out by the Botswana Investment and Trade Centre (BITC) shows.

According to the results of the market survey, trade potential between the two countries was estimated at US$333 million (P3.5 billion) in 2014, while actual trade stood at US$128 (P1.4 billion) during the year.

BITC manager market intelligence, Tiroyaone Sirang said a large portion of the current trade however appears to be transit trade in the motor industry rather than products actually manufactured in Botswana.

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