2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC 
$3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC
$32,963CURRENT US$
Rnk 42 / 196
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195

About

Bolivia-Brunei Trade: In 2023, Bolivia exported $8.41k to Brunei. The main products that Bolivia exported to Brunei were Other Oily Seeds ($7.59k), Other Domestic Electric Housewares ($412), and Motor vehicles; parts and accessories (8701 to 8705) ($210). Over the past 5 years the exports of Bolivia to Brunei have increased at an annualized rate of 25.8%, from $2.67k in 2018 to $8.41k in 2023.

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

Brunei-Bolivia Trade: In 2023, Brunei exported $611 to Bolivia. The main products that Brunei exported to Bolivia were Harvesting Machinery ($524), Motor vehicles; parts and accessories (8701 to 8705) ($80), and Iron Pipe Fittings ($7). Over the past 5 years the exports of Brunei to Bolivia have increased at an annualized rate of 19.1%,  from $255 in 2018 to $611 in 2023.

In 2023, Brunei 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, Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $8.41k to Brunei. The main products exported from Bolivia to Brunei were Other Oily Seeds ($7.59k), Other Domestic Electric Housewares ($412), and Motor vehicles; parts and accessories (8701 to 8705) ($210). During the last 5 years the exports of Bolivia to Brunei have increased at an annualized rate of 25.8%, from $2.67k in 2018 to $8.41k in 2023.

In 2018, Brunei exported $611 to Bolivia. The main products exported from Brunei to Bolivia were Harvesting Machinery ($524), Motor vehicles; parts and accessories (8701 to 8705) ($80), and Iron Pipe Fittings ($7). During the last 5 years the exports of Brunei to Bolivia have increased at an annualized rate of 19.1%, from $255 in 2023 to $611 in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Brunei
Top Destination
Australia$2.25B

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

In 2023, countries that imported more from Bolivia than Brunei included Brazil ($1.54B), India ($1.33B), and Argentina ($1.15B).

In 2023, countries that imported more from Brunei than Bolivia included Australia ($2.25B), Singapore ($1.72B), and Japan ($1.86B).

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

Comparative Advantage Bolivia - Brunei

Flow
Scale

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

During 2023, Bolivia had a large net trade with Brunei in the exports of Vegetable Products ($7.59k), Machines ($489), and Transportation ($210).

During 2018, Brunei had a large net trade with Bolivia in the exports of Machines ($524), Transportation ($80), and Metals ($7).

Economic Complexity

Competitive Landscape

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

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

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