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Pricing

2023
Flag → Flag
Exports $775kRnk 67 / 136
2023
Flag → Flag
Top Product $438kCoconuts, Brazil Nuts, and Cashews
2023
Flag → Flag
Exports $6.57MRnk 118 / 205
2023
Flag → Flag
Top Product $2.2MDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC $3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

Bolivia-Norway Trade: In 2023, Bolivia exported $775k to Norway. The main products that Bolivia exported to Norway were Coconuts, Brazil Nuts, and Cashews ($438k), Coffee ($50.2k), and Dried Fruits ($42.2k). Over the past 5 years the exports of Bolivia to Norway have decreased at an annualized rate of 18.6%, from $2.17M in 2018 to $775k in 2023.

In 2023, Bolivia did not export any services to Norway.

Norway-Bolivia Trade: In 2023, Norway exported $6.57M to Bolivia. The main products that Norway exported to Bolivia were Delivery Trucks ($2.2M), Mixed Mineral or Chemical Fertilizers ($1.28M), and Electric Generating Sets ($754k). Over the past 5 years the exports of Norway to Bolivia have decreased at an annualized rate of 9.09%,  from $10.6M in 2018 to $6.57M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Latest Trends

October, 2023

About

Overview In October 2023, Bolivia exported $5k and imported $224k from Norway, resulting in a negative trade balance of $219k. Between October 2022 and October 2023 the exports of Bolivia have decreased by $-2.5k (-33.3%) from $7.5k to $5k, while imports increased by $110k (97%) from $114k to $224k.

Trade In October 2023, the top exports of Bolivia to Norway were . In October 2023 the top imports of Bolivia from Norway were Generating sets ($748k), Other colouring matter; preparations based on... ($318k), Electrical apparatus for switching or protecting... ($19.3k), Trailers and semi-trailers for the transport... ($14.4k), and Electrical apparatus for switching or protecting... ($10.4k).

Origins In October 2023 the exports of Bolivia were mainly from N/A, while imports destinations were mainly La Paz ($219k), Santa Cruz ($3.21k), and Cochabamba ($2.23k).

Growth In October 2023, the decrease in Bolivia's year-by-year exports to Norway was explained primarily by an decrease in product exports in . In December 2023, the increase in Bolivia's year-by-year imports  from Norway was explained primarily by an increase in product imports  in Other parts and accessories of the... ($617 or 52.2%) and Parts, n.e.s, for the internal combustion... ($24 or 25.8%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2022 - October 2023)$-2.5k(-33.3%)
IMPORT GROWTH (December 2022 - December 2023)$110k(97%)

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 Norway and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Norway and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $775k to Norway. The main products exported from Bolivia to Norway were Coconuts, Brazil Nuts, and Cashews ($438k), Coffee ($50.2k), and Dried Fruits ($42.2k). During the last 5 years the exports of Bolivia to Norway have decreased at an annualized rate of 18.6%, from $2.17M in 2018 to $775k in 2023.

In 2018, Norway exported $6.57M to Bolivia. The main products exported from Norway to Bolivia were Delivery Trucks ($2.2M), Mixed Mineral or Chemical Fertilizers ($1.28M), and Electric Generating Sets ($754k). During the last 5 years the exports of Norway to Bolivia have decreased at an annualized rate of 9.09%, from $10.6M in 2023 to $6.57M in 2018.

Exports from Bolivia (Flag) to Norway (Flag) (2023)

Exports from Norway (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Norway
Top DestinationGermany$33.8B

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

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

In 2023, countries that imported more from Norway than Bolivia included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

Difference in imports from Norway (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Norway

Flow
Scale

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

During 2023, Bolivia had a large net trade with Norway in the exports of Vegetable Products ($610k), Textiles ($60.4k), and Instruments ($34.1k).

During 2018, Norway had a large net trade with Bolivia in the exports of Transportation ($3.05M), Chemical Products ($1.94M), and Machines ($1.52M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Norway+$161kCoconuts, Brazil Nuts, and Cashews
Top Product Potential Norway Bolivia+$705kMixed Mineral or Chemical Fertilizers

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

Product Space of Bolivia (Flag) and Norway (Flag) (2023)

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