NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $310kRnk 88 / 136
2023
Flag → Flag
Top Product $294kRaw Tin
2023
Flag → Flag
Exports $8Rnk 137 / 137
2023
Flag → Flag
Top Product $8Engine Parts
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC $3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC$7,126CURRENT US$
Rnk 103 / 196
2013-2023
Flag
GDP PC GROWTH-9.52%CURRENT US$
Rnk 168 / 195

About

Bolivia-Azerbaijan Trade: In 2023, Bolivia exported $310k to Azerbaijan. The main products that Bolivia exported to Azerbaijan were Raw Tin ($294k), Coconuts, Brazil Nuts, and Cashews ($12.8k), and Other Processed Fruits and Nuts ($1.7k). Over the past 5 years the exports of Bolivia to Azerbaijan have increased at an annualized rate of 84.4%, from $14.5k in 2018 to $310k in 2023.

In 2023, Bolivia did not export any services to Azerbaijan.

Azerbaijan-Bolivia Trade: In 2023, Azerbaijan exported $8 to Bolivia. The main products that Azerbaijan exported to Bolivia were Engine Parts ($8). Over the past 5 years the exports of Azerbaijan to Bolivia have decreased at an annualized rate of 46.6%,  from $7.9k in 2018 to $8 in 2023.

In 2023, Azerbaijan did not export any services to Bolivia.

Comparison: In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Azerbaijan, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Bolivia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Bolivia to Azerbaijan were . In N/A the top imports of Bolivia from Azerbaijan were .

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in Bolivia's year-by-year exports to Azerbaijan was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Azerbaijan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for Bolivia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Bolivia over time.

To check Azerbaijan and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Azerbaijan and Bolivia Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $310k to Azerbaijan. The main products exported from Bolivia to Azerbaijan were Raw Tin ($294k), Coconuts, Brazil Nuts, and Cashews ($12.8k), and Other Processed Fruits and Nuts ($1.7k). During the last 5 years the exports of Bolivia to Azerbaijan have increased at an annualized rate of 84.4%, from $14.5k in 2018 to $310k in 2023.

In 2018, Azerbaijan exported $8 to Bolivia. The main products exported from Azerbaijan to Bolivia were Engine Parts ($8). During the last 5 years the exports of Azerbaijan to Bolivia have decreased at an annualized rate of 46.6%, from $7.9k in 2023 to $8 in 2018.

Exports from Bolivia (Flag) to Azerbaijan (Flag) (2023)

Exports from Azerbaijan (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Bolivia than Azerbaijan included Brazil ($1.54B), Argentina ($1.15B), and China ($1.21B).

In 2023, countries that imported more from Azerbaijan than Bolivia included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

Difference in imports from Azerbaijan (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Azerbaijan

Flow
Scale

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

During 2023, Bolivia had a large net trade with Azerbaijan in the exports of Metals ($294k), Vegetable Products ($14k), and Foodstuffs ($1.7k).

During 2018, Azerbaijan had a large net trade with Bolivia in the exports of Machines ($8).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Azerbaijan+$25.5kCoconuts, Brazil Nuts, and Cashews
Top Product Potential Azerbaijan Bolivia+$3.61kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Bolivia (Flag) and Azerbaijan (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms