2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Bolivia-China Trade: In 2022, Bolivia exported $643M to China. The main products that Bolivia exported to China were Precious Metal Ore ($287M), Frozen Bovine Meat ($104M), and Lead Ore ($82.4M). Over the past 5 years the exports of Bolivia to China have increased at an annualized rate of 6.16%, from $477M in 2017 to $643M in 2022.

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

China-Bolivia Trade: In 2022, China exported $1.8B to Bolivia. The main products that China exported to Bolivia were Rubber Tires ($111M), Pesticides ($90.1M), and Cars ($82.5M). Over the past 5 years the exports of China to Bolivia have increased at an annualized rate of 3.6%,  from $1.51B in 2017 to $1.8B in 2022.

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

Comparison: In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $643M to China. The main products exported from Bolivia to China were Precious Metal Ore ($287M), Frozen Bovine Meat ($104M), and Lead Ore ($82.4M). During the last 5 years the exports of Bolivia to China have increased at an annualized rate of 6.16%, from $477M in 2017 to $643M in 2022.

In 2017, China exported $1.8B to Bolivia. The main products exported from China to Bolivia were Rubber Tires ($111M), Pesticides ($90.1M), and Cars ($82.5M). During the last 5 years the exports of China to Bolivia have increased at an annualized rate of 3.6%, from $1.51B in 2022 to $1.8B in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
N/AN/A
China
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Bolivia - China

Flow
Scale

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

During 2022, Bolivia had a large net trade with China in the exports of Mineral Products ($481M), Animal Products ($104M), and Wood Products ($19.3M).

During 2017, China had a large net trade with Bolivia in the exports of Machines ($535M), Transportation ($277M), and Metals ($232M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia China+$76.2MZinc Ore
Top Product Potential China Bolivia+$37.7MTelephones

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

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

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

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