2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH
-14.7%CURRENT US$
Rnk 186 / 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
$2,478CURRENT US$
Rnk 149 / 196
2013-2023
Flag
GDP PC GROWTH
-33%CURRENT US$
Rnk 188 / 195

About

Bolivia-Republic of the Congo Trade: In 2023, Bolivia exported $457k to Republic of the Congo. The main products that Bolivia exported to Republic of the Congo were Edible Offal ($267k), Frozen Bovine Meat ($132k), and Animal Organs ($57.5k). Over the past 5 years the exports of Bolivia to Republic of the Congo have increased at an annualized rate of 186%, from $2.41k in 2018 to $457k in 2023.

In 2023, Bolivia did not export any services to Republic of the Congo.

Republic of the Congo-Bolivia Trade: In 2023, Republic of the Congo exported $2.47k to Bolivia. The main products that Republic of the Congo exported to Bolivia were N/A. Over the past 5 years the exports of Republic of the Congo to Bolivia have decreased at an annualized rate of 26.1%,  from $11.2k in 2018 to $2.47k in 2023.

In 2023, Republic of the Congo 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, Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $457k to Republic of the Congo. The main products exported from Bolivia to Republic of the Congo were Edible Offal ($267k), Frozen Bovine Meat ($132k), and Animal Organs ($57.5k). During the last 5 years the exports of Bolivia to Republic of the Congo have increased at an annualized rate of 186%, from $2.41k in 2018 to $457k in 2023.

In 2017, Republic of the Congo exported $2.47k to Bolivia. There were not main exports from Republic of the Congo to Bolivia in 2017. During the last 5 years the exports of Republic of the Congo to Bolivia have decreased at an annualized rate of 26.1%, from $11.2k in 2022 to $2.47k in 2017.

Exports from Bolivia (Flag) to Republic of the Congo (Flag) (2023)

Exports from Republic of the Congo (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Republic of the Congo
Top Destination
China$5.45B

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

In 2023, countries that imported more from Bolivia than Republic of the Congo included Brazil ($1.54B), Argentina ($1.15B), and Colombia ($687M).

In 2023, countries that imported more from Republic of the Congo than Bolivia included China ($5.45B), United Arab Emirates ($2.7B), and Saudi Arabia ($644M).

Difference in imports from Republic of the Congo (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Republic of the Congo

Flow
Scale

This chart compares trade between Bolivia and Republic of the Congo by product, considering products traded by both, Bolivia and Republic of the Congo.

During 2023, Bolivia had a large net trade with Republic of the Congo in the exports of Animal Products ($457k).

During 2017, Republic of the Congo had a large net trade with Bolivia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Republic of the Congo+$37.2kEdible Offal
Top Product Potential Republic of the Congo Bolivia+$2.57kRefined 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

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

Product Space of Bolivia (Flag) and Republic of the Congo (Flag) (2023)

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