2022
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GDP
$43.1BCURRENT US$
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2012-2022
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GDP GROWTH
59%CURRENT US$
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2022
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 GDP
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%CURRENT US$
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2022
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GDP PC 
$3,523CURRENT US$
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2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
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2022
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GDP PC
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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About

Bolivia-Peru In 2022, Bolivia exported $885M to Peru. The main products that Bolivia exported to Peru are Soybean Meal ($307M), Soybean Oil ($180M), and Soybeans ($53.3M). During the last 27 years the exports of Bolivia to Peru have increased at an annualized rate of 7.11%, from $139M in 1995 to $885M in 2022.

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

Peru-Bolivia In 2022, Peru exported $813M to Bolivia. The main products that Peru exported to Bolivia were Refined Petroleum ($168M), Raw Iron Bars ($95.3M), and Raw Plastic Sheeting ($36M). During the last 27 years the exports of Peru to Bolivia have increased at an annualized rate of 8.94%, from $80.6M in 1995 to $813M in 2022.

In 2022, Peru 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, Peru ranked 87 in the Economic Complexity Index (ECI -0.66), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $885M to Peru. The main products exported from Bolivia to Peru were Soybean Meal ($307M), Soybean Oil ($180M), and Soybeans ($53.3M). During the last 27 years the exports of Bolivia to Peru have increased at an annualized rate of 7.11%, from $139M in 1995 to $885M in 2022.

In 2022, Peru exported $813M to Bolivia. The main products exported from Peru to Bolivia were Refined Petroleum ($168M), Raw Iron Bars ($95.3M), and Raw Plastic Sheeting ($36M). During the last 27 years the exports of Peru to Bolivia have increased at an annualized rate of 8.94%, from $80.6M in 1995 to $813M in 2022.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Peru
Top Destination
China$17.6B

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

In 2021, countries that imported more from Bolivia than Peru were Argentina ($1.76B), Brazil ($1.89B), and Australia ($194M).

In 2021, countries that imported more from Peru than Bolivia were China ($17.6B), United States ($8.69B), and Canada ($2.69B).

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

Comparative Advantage Bolivia - Peru

Flow
Scale

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

During 2022, Bolivia had a large net trade with Peru in the exports of Foodstuffs ($372M), Animal and Vegetable Bi-Products ($193M), and Vegetable Products ($127M).

During 2022, Peru had a large net trade with Bolivia in the exports of Mineral Products ($178M), Metals ($177M), and Chemical Products ($156M).

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

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

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