Bloomberg News

Botswana First-Quarter Trade Gap Widens, Diamond Exports Rise

September 02, 2011

Sept. 2 (Bloomberg) -- The trade deficit for Botswana, the World’s biggest diamond produucer, widened to 2.62 billion pula ($392 million) in the first quarter compared with 1.63 billion pula a year earlier, the country’s statistics office said.

Exports increased 17 percent to 9.2 billion pula and imports rose 27 percent to 12 billion pula, the Gaborone-based Central Statistics Office said in a statement on its website today.

Diamond exports advanced 23 percent to 6.94 billion pula compared with the same quarter in 2010, it said.

To contact the editor responsible for this story: Gordon Bell at gbell16@bloomberg.net


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