2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 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
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Bolivia-Ecuador In 2022, Bolivia exported $414M to Ecuador. The main products that Bolivia exported to Ecuador are Soybean Oil ($290M), Seed Oils ($98.2M), and Other Prepared Meat ($4.61M). During the last 27 years the exports of Bolivia to Ecuador have increased at an annualized rate of 16.1%, from $7.39M in 1995 to $414M in 2022.

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

Ecuador-Bolivia In 2022, Ecuador exported $41.9M to Bolivia. The main products that Ecuador exported to Bolivia were Toilet Paper ($4.49M), Rubber Tires ($4.06M), and Gelatin ($2.92M). During the last 27 years the exports of Ecuador to Bolivia have increased at an annualized rate of 8.15%, from $5.06M in 1995 to $41.9M in 2022.

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

Comparison In 2022,  Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B). That same year, Ecuador ranked 102 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $414M to Ecuador. The main products exported from Bolivia to Ecuador were Soybean Oil ($290M), Seed Oils ($98.2M), and Other Prepared Meat ($4.61M). During the last 27 years the exports of Bolivia to Ecuador have increased at an annualized rate of 16.1%, from $7.39M in 1995 to $414M in 2022.

In 2022, Ecuador exported $41.9M to Bolivia. The main products exported from Ecuador to Bolivia were Toilet Paper ($4.49M), Rubber Tires ($4.06M), and Gelatin ($2.92M). During the last 27 years the exports of Ecuador to Bolivia have increased at an annualized rate of 8.15%, from $5.06M in 1995 to $41.9M in 2022.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Ecuador
Top Destination
United States$9.86B

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

In 2021, countries that imported more from Bolivia than Ecuador were Brazil ($1.89B), India ($2.27B), and Argentina ($1.76B).

In 2021, countries that imported more from Ecuador than Bolivia were United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Bolivia - Ecuador

Flow
Scale

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

During 2022, Bolivia had a large net trade with Ecuador in the exports of Animal and Vegetable Bi-Products ($388M), Foodstuffs ($8.72M), and Chemical Products ($6.46M).

During 2022, Ecuador had a large net trade with Bolivia in the exports of Metals ($7.83M), Chemical Products ($7.4M), and Plastics and Rubbers ($4.81M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bolivia has comparative advantage over Ecuador. Similarly, the more yellow a dot/product is, the more Ecuador has comparative advantage over Bolivia.

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

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