2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH
59%CURRENT US$
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2022
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 GDP
$71.2BCURRENT US$
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2012-2022
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GDP GROWTH
31.2%CURRENT US$
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2022
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GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
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2022
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GDP PC
$20,795CURRENT US$
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2012-2022
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GDP PC GROWTH
29.3%CURRENT US$
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About

Bolivia-Uruguay In 2022, Bolivia exported $20.2M to Uruguay. The main products that Bolivia exported to Uruguay are Nitrogenous Fertilizers ($7.6M), Soybean Meal ($3.1M), and Sawn Wood ($2.73M). During the last 27 years the exports of Bolivia to Uruguay have increased at an annualized rate of 8.32%, from $2.34M in 1995 to $20.2M in 2022.

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

Uruguay-Bolivia In 2022, Uruguay exported $60.9M to Bolivia. The main products that Uruguay exported to Bolivia were Pesticides ($24.6M), Malt ($8.9M), and Concentrated Milk ($3.27M). During the last 27 years the exports of Uruguay to Bolivia have increased at an annualized rate of 9.96%, from $4.69M in 1995 to $60.9M in 2022.

In 2022, Uruguay 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, Uruguay ranked 55 in the Economic Complexity Index (ECI 0.12), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $20.2M to Uruguay. The main products exported from Bolivia to Uruguay were Nitrogenous Fertilizers ($7.6M), Soybean Meal ($3.1M), and Sawn Wood ($2.73M). During the last 27 years the exports of Bolivia to Uruguay have increased at an annualized rate of 8.32%, from $2.34M in 1995 to $20.2M in 2022.

In 2022, Uruguay exported $60.9M to Bolivia. The main products exported from Uruguay to Bolivia were Pesticides ($24.6M), Malt ($8.9M), and Concentrated Milk ($3.27M). During the last 27 years the exports of Uruguay to Bolivia have increased at an annualized rate of 9.96%, from $4.69M in 1995 to $60.9M in 2022.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Uruguay
Top Destination
China$2.89B

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

In 2021, countries that imported more from Bolivia than Uruguay were India ($2.27B), Colombia ($1.06B), and Japan ($963M).

In 2021, countries that imported more from Uruguay than Bolivia were China ($2.89B), United States ($818M), and Netherlands ($587M).

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

Comparative Advantage Bolivia - Uruguay

Flow
Scale

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

During 2022, Bolivia had a large net trade with Uruguay in the exports of Chemical Products ($7.97M), Foodstuffs ($5.9M), and Wood Products ($4.35M).

During 2022, Uruguay had a large net trade with Bolivia in the exports of Chemical Products ($35M), Vegetable Products ($8.94M), and Animal Products ($5.27M).

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

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

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