Angola (AGO) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Angola-Bolivia Trade: In 2021, Angola exported $66.5k to Bolivia. The main products that Angola exported to Bolivia were N/A. Over the past 5 years the exports of Angola to Bolivia have decreased at an annualized rate of 46.6%, from $1.53M in 2016 to $66.5k in 2021.

In 2021, Angola did not export any services to Bolivia.

Bolivia-Angola Trade: In 2021, Bolivia exported $1.15M to Angola. The main products that Bolivia exported to Angola were Corn ($338k), Soybean Meal ($258k), and Frozen Bovine Meat ($203k). Over the past 5 years the exports of Bolivia to Angola have increased at an annualized rate of 297%, from $1.17k in 2016 to $1.15M in 2021.

In 2021, Bolivia did not export any services to Angola.

Comparison: In 2022, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Angola exported $66.5k to Bolivia. There were not main exports from Angola to Bolivia in 2021. During the last 5 years the exports of Angola to Bolivia have decreased at an annualized rate of 46.6%, from $1.53M in 2016 to $66.5k in 2021.

In 2017, Bolivia exported $1.15M to Angola. The main products exported from Bolivia to Angola were Corn ($338k), Soybean Meal ($258k), and Frozen Bovine Meat ($203k). During the last 5 years the exports of Bolivia to Angola have increased at an annualized rate of 297%, from $1.17k in 2022 to $1.15M in 2017.

Exports from Angola () to Bolivia () (2022)

Exports from Bolivia () to Angola () (2022)

Latest Data

Trade between Angola () and Bolivia ()

Angola Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Bolivia
Top DestinationIndia$2.27B

This map shows whether countries import more from Angola or Bolivia. Each country is colored based on the difference in imports they receive from Angola and Bolivia or the difference in the growth in imports.

In 2022, countries that imported more from Angola than Bolivia included China ($21.8B), France ($3.8B), and Netherlands ($3.91B).

In 2022, countries that imported more from Bolivia than Angola included Argentina ($1.76B), Brazil ($1.89B), and Colombia ($1.06B).

Difference in imports from Bolivia () and Angola () (2022)

Comparative Advantage Angola - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Angola and Bolivia by product, considering products traded by both, Angola and Bolivia.

During 2021, Angola had a large net trade with Bolivia in the exports of .

During 2017, Bolivia had a large net trade with Angola in the exports of Foodstuffs ($419k), Vegetable Products ($399k), and Animal Products ($240k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Bolivia+$4kRefined Petroleum

Top Product Potential Bolivia Angola+$231kFrozen Bovine Meat

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Angola and Bolivia. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Angola.

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Historical Data

Bilateral Trade by Products

Exports from Angola () to Bolivia () (2022)

Exports from Bolivia () to Angola () (2022)

Latest Data

Trade between Angola () and Bolivia ()

Angola Exports

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Angola () (2022)

Comparative Advantage Angola - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and Bolivia () (2022)

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