2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC 
$3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Bolivia-Ukraine Trade: In 2023, Bolivia exported $335k to Ukraine. The main products that Bolivia exported to Ukraine were Coconuts, Brazil Nuts, and Cashews ($89.3k), Ground Nuts ($85.4k), and Raw Tin ($84.6k). Over the past 5 years the exports of Bolivia to Ukraine have increased at an annualized rate of 12.1%, from $189k in 2018 to $335k in 2023.

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

Ukraine-Bolivia Trade: In 2023, Ukraine exported $393k to Bolivia. The main products that Ukraine exported to Bolivia were Packaged Medicaments ($126k), Mill Machinery ($49.4k), and Centrifuges ($47k). Over the past 5 years the exports of Ukraine to Bolivia have decreased at an annualized rate of 21.4%,  from $1.31M in 2018 to $393k in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $335k to Ukraine. The main products exported from Bolivia to Ukraine were Coconuts, Brazil Nuts, and Cashews ($89.3k), Ground Nuts ($85.4k), and Raw Tin ($84.6k). During the last 5 years the exports of Bolivia to Ukraine have increased at an annualized rate of 12.1%, from $189k in 2018 to $335k in 2023.

In 2018, Ukraine exported $393k to Bolivia. The main products exported from Ukraine to Bolivia were Packaged Medicaments ($126k), Mill Machinery ($49.4k), and Centrifuges ($47k). During the last 5 years the exports of Ukraine to Bolivia have decreased at an annualized rate of 21.4%, from $1.31M in 2023 to $393k in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Ukraine
Top Destination
Poland$4.83B

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

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

In 2023, countries that imported more from Ukraine than Bolivia included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

Comparative Advantage Bolivia - Ukraine

Flow
Scale

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

During 2023, Bolivia had a large net trade with Ukraine in the exports of Vegetable Products ($211k), Metals ($108k), and Wood Products ($13.1k).

During 2018, Ukraine had a large net trade with Bolivia in the exports of Machines ($211k), Chemical Products ($138k), and Instruments ($23.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Ukraine+$5.03kPetroleum Gas
Top Product Potential Ukraine Bolivia+$273kTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bolivia and Ukraine. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Bolivia.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with