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Pricing

2022
Flag → Flag
Exports $161MRnk 19 / 146
2022
Flag → Flag
Top Product $129MRaw Tin
2022
Flag → Flag
Exports $28MRnk 150 / 224
2022
Flag → Flag
Top Product $5.18MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.9Rnk 98 / 124
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Bolivia-United Kingdom In 2022, Bolivia exported $161M to United Kingdom. The main products that Bolivia exported to United Kingdom are Raw Tin ($129M), Coconuts, Brazil Nuts, and Cashews ($22.9M), and Iron Ore ($3.07M). During the last 27 years the exports of Bolivia to United Kingdom have increased at an annualized rate of 0.17%, from $154M in 1995 to $161M in 2022.

In 2022, Bolivia did not export any services to United Kingdom.

United Kingdom-Bolivia In 2022, United Kingdom exported $28M to Bolivia. The main products that United Kingdom exported to Bolivia were Hard Liquor ($5.18M), Combustion Engines ($1.33M), and Planes, Helicopters, and/or Spacecraft ($1.25M). During the last 27 years the exports of United Kingdom to Bolivia have decreased at an annualized rate of 0.87%, from $35.4M in 1995 to $28M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Latest Trends

December, 2021

About

Overview In December 2021, Bolivia exported $8.6M and imported $3.52M from United Kingdom, resulting in a positive trade balance of $5.08M. Between December 2020 and December 2021 the exports of Bolivia have increased by $3.87M (81.8%) from $4.73M to $8.6M, while imports increased by $865k (32.6%) from $2.65M to $3.52M.

Trade In December 2021, the top exports of Bolivia to United Kingdom were Tin and tin alloys, unwrought ($3.58M), Edible nuts (excluding nuts chiefly used... ($432k), Seats (other than those of heading... ($210k), Coffee, not roasted, whether or not... ($85.5k), and Furniture, n.e.s., of wood ($54.1k). In December 2021 the top imports of Bolivia from United Kingdom were Spirits (other than those of heading... ($243k), Motor vehicles for the transport of... ($207k), Organic chemical products, n.e.s. ($122k), Instruments and appliances used in medical,... ($96.2k), and Mixtures of odoriferous substances and mixtures... ($41.7k).

Origins In December 2021 the exports of Bolivia were mainly from Oruro ($8.04M), Santa Cruz ($280k), Beni ($158k), La Paz ($104k), and Potosí ($13.8k), while imports destinations were mainly Santa Cruz ($2.42M), La Paz ($705k), Cochabamba ($303k), Oruro ($61.9k), and Potosí ($27.8k).

Growth In December 2021, the increase in Bolivia's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Furniture, n.e.s., of wood ($45.5k or 530%). In December 2021, the increase in Bolivia's year-by-year imports  from United Kingdom was explained primarily by an increase in product imports  in Instruments and appliances used in medical,... ($94.4k or 5.02k%), Mixtures of odoriferous substances and mixtures... ($31.1k or 295%), and Air or vacuum pumps, air or... ($29.4k or 301%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (December 2020 - December 2021)$3.87M(81.8%)
IMPORT GROWTH (December 2020 - December 2021)$865k(32.6%)
MAIN EXPORTER (December 2021)Oruro$8.04M

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 United Kingdom and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Kingdom and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $161M to United Kingdom. The main products exported from Bolivia to United Kingdom were Raw Tin ($129M), Coconuts, Brazil Nuts, and Cashews ($22.9M), and Iron Ore ($3.07M). During the last 27 years the exports of Bolivia to United Kingdom have increased at an annualized rate of 0.17%, from $154M in 1995 to $161M in 2022.

In 2022, United Kingdom exported $28M to Bolivia. The main products exported from United Kingdom to Bolivia were Hard Liquor ($5.18M), Combustion Engines ($1.33M), and Planes, Helicopters, and/or Spacecraft ($1.25M). During the last 27 years the exports of United Kingdom to Bolivia have decreased at an annualized rate of 0.87%, from $35.4M in 1995 to $28M in 2022.

Exports from Bolivia (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2021, countries that imported more from Bolivia than United Kingdom were Argentina ($1.76B), Peru ($885M), and Ecuador ($414M).

In 2021, countries that imported more from United Kingdom than Bolivia were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - United Kingdom

Flow
Scale

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

During 2022, Bolivia had a large net trade with United Kingdom in the exports of Metals ($129M), Vegetable Products ($25.3M), and Mineral Products ($3.81M).

During 2022, United Kingdom had a large net trade with Bolivia in the exports of Machines ($7.85M), Foodstuffs ($6.25M), and Chemical Products ($4.74M).

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 United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Bolivia.

Product Space of Bolivia (Flag) and United Kingdom (Flag) (2022)

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