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Pricing

2023
Flag → Flag
Exports $36.4kRnk 112 / 136
2023
Flag → Flag
Top Product $20.4kCentrifuges
2023
Flag → Flag
Exports $5.07kRnk 106 / 123
2023
Flag → Flag
Top Product $3.08kExcavation Machinery
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH-4.66%CURRENT US$
Rnk 174 / 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$20,016CURRENT US$
Rnk 64 / 196
2013-2023
Flag
GDP PC GROWTH-6.54%CURRENT US$
Rnk 162 / 195

About

Bolivia-Trinidad and Tobago Trade: In 2023, Bolivia exported $36.4k to Trinidad and Tobago. The main products that Bolivia exported to Trinidad and Tobago were Centrifuges ($20.4k), Valves ($4.98k), and Other Construction Vehicles ($2.9k). Over the past 5 years the exports of Bolivia to Trinidad and Tobago have decreased at an annualized rate of 26.7%, from $172k in 2018 to $36.4k in 2023.

In 2023, Bolivia did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Bolivia Trade: In 2023, Trinidad and Tobago exported $5.07k to Bolivia. The main products that Trinidad and Tobago exported to Bolivia were Excavation Machinery ($3.08k), Nitrile Compounds ($1.14k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($703). Over the past 5 years the exports of Trinidad and Tobago to Bolivia have decreased at an annualized rate of 50.7%,  from $175k in 2018 to $5.07k in 2023.

In 2023, Trinidad and Tobago 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, Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Trinidad and Tobago, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Bolivia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Bolivia to Trinidad and Tobago were . In N/A the top imports of Bolivia from Trinidad and Tobago were .

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in Bolivia's year-by-year exports to Trinidad and Tobago was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Trinidad and Tobago was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

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 Trinidad and Tobago and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $36.4k to Trinidad and Tobago. The main products exported from Bolivia to Trinidad and Tobago were Centrifuges ($20.4k), Valves ($4.98k), and Other Construction Vehicles ($2.9k). During the last 5 years the exports of Bolivia to Trinidad and Tobago have decreased at an annualized rate of 26.7%, from $172k in 2018 to $36.4k in 2023.

In 2018, Trinidad and Tobago exported $5.07k to Bolivia. The main products exported from Trinidad and Tobago to Bolivia were Excavation Machinery ($3.08k), Nitrile Compounds ($1.14k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($703). During the last 5 years the exports of Trinidad and Tobago to Bolivia have decreased at an annualized rate of 50.7%, from $175k in 2023 to $5.07k in 2018.

Exports from Bolivia (Flag) to Trinidad and Tobago (Flag) (2023)

Exports from Trinidad and Tobago (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Trinidad and Tobago
Top DestinationUnited States$3.26B

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

In 2023, countries that imported more from Bolivia than Trinidad and Tobago included India ($1.33B), Brazil ($1.54B), and Argentina ($1.15B).

In 2023, countries that imported more from Trinidad and Tobago than Bolivia included United States ($3.26B), Guyana ($625M), and France ($475M).

Difference in imports from Trinidad and Tobago (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Trinidad and Tobago

Flow
Scale

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

During 2023, Bolivia had a large net trade with Trinidad and Tobago in the exports of Machines ($34.9k) and Plastics and Rubbers ($1.54k).

During 2018, Trinidad and Tobago had a large net trade with Bolivia in the exports of Machines ($3.09k), Chemical Products ($1.84k), and Instruments ($130).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Trinidad and Tobago+$42.7kExcavation Machinery
Top Product Potential Trinidad and Tobago Bolivia+$27.4kAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)

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

Product Space of Bolivia (Flag) and Trinidad and Tobago (Flag) (2023)

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