2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 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
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Bolivia-Malaysia Trade: In 2022, Bolivia exported $8.77M to Malaysia. The main products that Bolivia exported to Malaysia were Copper Ore ($4.39M), Planes, Helicopters, and/or Spacecraft ($1.1M), and Borax ($889k). Over the past 5 years the exports of Bolivia to Malaysia have increased at an annualized rate of 8.19%, from $5.91M in 2017 to $8.77M in 2022.

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

Malaysia-Bolivia Trade: In 2022, Malaysia exported $34.7M to Bolivia. The main products that Malaysia exported to Bolivia were Coffee and Tea Extracts ($9.51M), Other Edible Preparations ($3.02M), and Broadcasting Equipment ($2.57M). Over the past 5 years the exports of Malaysia to Bolivia have increased at an annualized rate of 7.15%,  from $22.9M in 2017 to $34.7M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $8.77M to Malaysia. The main products exported from Bolivia to Malaysia were Copper Ore ($4.39M), Planes, Helicopters, and/or Spacecraft ($1.1M), and Borax ($889k). During the last 5 years the exports of Bolivia to Malaysia have increased at an annualized rate of 8.19%, from $5.91M in 2017 to $8.77M in 2022.

In 2017, Malaysia exported $34.7M to Bolivia. The main products exported from Malaysia to Bolivia were Coffee and Tea Extracts ($9.51M), Other Edible Preparations ($3.02M), and Broadcasting Equipment ($2.57M). During the last 5 years the exports of Malaysia to Bolivia have increased at an annualized rate of 7.15%, from $22.9M in 2022 to $34.7M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Malaysia
Top Destination
Singapore$53.8B

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

In 2022, countries that imported more from Bolivia than Malaysia included Argentina ($1.76B), Colombia ($1.06B), and Peru ($885M).

In 2022, countries that imported more from Malaysia than Bolivia included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Bolivia - Malaysia

Flow
Scale

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

During 2022, Bolivia had a large net trade with Malaysia in the exports of Mineral Products ($5.31M), Transportation ($1.12M), and Metals ($654k).

During 2017, Malaysia had a large net trade with Bolivia in the exports of Foodstuffs ($14.5M), Machines ($9.07M), and Plastics and Rubbers ($3.51M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Malaysia+$518kPotassic Fertilizers
Top Product Potential Malaysia Bolivia+$2.96MTelephones

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 Malaysia. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Bolivia.

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

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