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2022
Flag → Flag
Exports $3.14MRnk 45 / 146
2022
Flag → Flag
Top Product $1.05MSoybean Oil
2022
Flag → Flag
Exports $809kRnk 65 / 145
2022
Flag → Flag
Top Product $564kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 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$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

Bolivia-El Salvador Trade: In 2022, Bolivia exported $3.14M to El Salvador. The main products that Bolivia exported to El Salvador were Soybean Oil ($1.05M), Other Uncoated Paper ($727k), and Friction Material ($593k). Over the past 5 years the exports of Bolivia to El Salvador have increased at an annualized rate of 12.2%, from $1.76M in 2017 to $3.14M in 2022.

In 2022, Bolivia did not export any services to El Salvador.

El Salvador-Bolivia Trade: In 2022, El Salvador exported $809k to Bolivia. The main products that El Salvador exported to Bolivia were Packaged Medicaments ($564k), Unpackaged Medicaments ($84.4k), and Sauces and Seasonings ($27.1k). Over the past 5 years the exports of El Salvador to Bolivia have decreased at an annualized rate of 6.22%,  from $1.12M in 2017 to $809k in 2022.

In 2022, El Salvador 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, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $114k and imported $11.8k from El Salvador, resulting in a positive trade balance of $103k. Between December 2022 and December 2023 the exports of Bolivia have increased by $17.6k (18.1%) from $96.8k to $114k, while imports decreased by $-10.8k (-47.7%) from $22.6k to $11.8k.

Trade In December 2023, the top exports of Bolivia to El Salvador were Other veneered panels and similar laminated... ($19.2k) and Plywood consisting solely of sheets of... ($6.05k). In December 2023 the top imports of Bolivia from El Salvador were Medicaments containing antibiotics or derivatives thereof ($129k), Medicaments, n.e.s. ($27.4k), and T-shirts, singlets and other vests, knitted... ($4.38k).

Origins In December 2023 the exports of Bolivia were mainly from Santa Cruz ($114k), while imports destinations were mainly Tarija ($10.9k), Santa Cruz ($760), and La Paz ($147).

Growth In December 2023, the increase in Bolivia's year-by-year exports to El Salvador was explained primarily by an increase in product exports in . In December 2023, the decrease in Bolivia's year-by-year imports  from El Salvador was explained primarily by an decrease in product imports  in Medicaments containing antibiotics or derivatives thereof ($-22.4k or -14.8%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2022 - December 2023)$17.6k(18.1%)
IMPORT GROWTH (December 2022 - December 2023)$-10.8k(-47.7%)
MAIN EXPORTER (December 2023)Santa Cruz$114k

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 El Salvador and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore El Salvador and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $3.14M to El Salvador. The main products exported from Bolivia to El Salvador were Soybean Oil ($1.05M), Other Uncoated Paper ($727k), and Friction Material ($593k). During the last 5 years the exports of Bolivia to El Salvador have increased at an annualized rate of 12.2%, from $1.76M in 2017 to $3.14M in 2022.

In 2017, El Salvador exported $809k to Bolivia. The main products exported from El Salvador to Bolivia were Packaged Medicaments ($564k), Unpackaged Medicaments ($84.4k), and Sauces and Seasonings ($27.1k). During the last 5 years the exports of El Salvador to Bolivia have decreased at an annualized rate of 6.22%, from $1.12M in 2022 to $809k in 2017.

Exports from Bolivia (Flag) to El Salvador (Flag) (2022)

Exports from El Salvador (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from Bolivia than El Salvador included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

In 2022, countries that imported more from El Salvador than Bolivia included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

Difference in imports from El Salvador (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - El Salvador

Flow
Scale

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

During 2022, Bolivia had a large net trade with El Salvador in the exports of Animal and Vegetable Bi-Products ($1.05M), Paper Goods ($769k), and Stone And Glass ($593k).

During 2017, El Salvador had a large net trade with Bolivia in the exports of Chemical Products ($650k), Textiles ($44.7k), and Vegetable Products ($43.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia El Salvador+$599kSoybean Oil
Top Product Potential El Salvador Bolivia+$536kPackaged Medicaments

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

Product Space of Bolivia (Flag) and El Salvador (Flag) (2022)

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