Burundi (BDI) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Burundi-Bolivia Trade: In 2022, Burundi exported $865 to Bolivia. The main products that Burundi exported to Bolivia were Ball Bearings ($317), Other Rubber Products ($264), and Centrifuges ($190). Over the past 7 years the exports of Burundi to Bolivia have increased at an annualized rate of 44.1%, from $67 in 2015 to $865 in 2022.

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

Bolivia-Burundi In N/A, Bolivia did not export any products to Burundi.

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

Comparison In 2022, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index. 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 2022, Burundi exported $865 to Bolivia. The main products exported from Burundi to Bolivia were Ball Bearings ($317), Other Rubber Products ($264), and Centrifuges ($190). During the last 7 years the exports of Burundi to Bolivia have increased at an annualized rate of 44.1%, from $67 in 2015 to $865 in 2022.

Bolivia does not register exports to Burundi.

Exports from Burundi () to Bolivia () (2022)

Exports from Bolivia () to Burundi () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burundi
Top DestinationUnited Arab Emirates$59.9M

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Burundi than Bolivia included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Tanzania ($7.94M).

In 2022, countries that imported more from Bolivia than Burundi included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Burundi - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Burundi had a large net trade with Bolivia in the exports of Machines ($601) and Plastics and Rubbers ($264).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Burundi Bolivia+$2.23kRefined Petroleum

Top Product Potential Bolivia Burundi+$1.51kRefined Petroleum

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 Burundi and Bolivia. This means that a dot/product with the flag of Burundi indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Burundi.

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Historical Data

Bilateral Trade by Products

Exports from Burundi () to Bolivia () (2022)

Exports from Bolivia () to Burundi () (2022)

Market Competitiveness

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

Comparative Advantage Burundi - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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