2022
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GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
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 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
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GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
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GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
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GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Australia-Bolivia In 2022, Australia exported $5.31M to Bolivia. The main products that Australia exported to Bolivia are Motor vehicles; parts and accessories (8701 to 8705) ($1M), High-voltage Protection Equipment ($928k), and Cyanides ($773k). During the last 27 years the exports of Australia to Bolivia have increased at an annualized rate of 3.96%, from $1.86M in 1995 to $5.31M in 2022.

In 2022, Australia did not export any services to Bolivia.

Bolivia-Australia In 2022, Bolivia exported $194M to Australia. The main products that Bolivia exported to Australia were Zinc Ore ($163M), Precious Metal Ore ($21.3M), and Coconuts, Brazil Nuts, and Cashews ($4.62M). During the last 27 years the exports of Bolivia to Australia have increased at an annualized rate of 21.2%, from $1.08M in 1995 to $194M in 2022.

In 2022, Bolivia did not export any services to Australia.

Comparison In 2022,  Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B). That same year, Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $5.31M to Bolivia. The main products exported from Australia to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($1M), High-voltage Protection Equipment ($928k), and Cyanides ($773k). During the last 27 years the exports of Australia to Bolivia have increased at an annualized rate of 3.96%, from $1.86M in 1995 to $5.31M in 2022.

In 2022, Bolivia exported $194M to Australia. The main products exported from Bolivia to Australia were Zinc Ore ($163M), Precious Metal Ore ($21.3M), and Coconuts, Brazil Nuts, and Cashews ($4.62M). During the last 27 years the exports of Bolivia to Australia have increased at an annualized rate of 21.2%, from $1.08M in 1995 to $194M in 2022.

Exports from Australia (Flag) to Bolivia (Flag) (2022)

Exports from Bolivia (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Bolivia (Flag)

Australia Exports

Bolivia Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Australia than Bolivia were China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2021, countries that imported more from Bolivia than Australia were Argentina ($1.76B), Colombia ($1.06B), and Peru ($885M).

Difference in imports from Bolivia (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Bolivia

Flow
Scale

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

During 2022, Australia had a large net trade with Bolivia in the exports of Machines ($2.62M), Transportation ($1M), and Chemical Products ($885k).

During 2022, Bolivia had a large net trade with Australia in the exports of Mineral Products ($184M), Vegetable Products ($8.58M), and Foodstuffs ($529k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Bolivia. Similarly, the more yellow a dot/product is, the more Bolivia has comparative advantage over Australia.

Product Space of Australia (Flag) and Bolivia (Flag) (2022)

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