2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Bolivia-South Africa Trade: In 2022, Bolivia exported $3.06M to South Africa. The main products that Bolivia exported to South Africa were Shaped Wood ($1.68M), Coconuts, Brazil Nuts, and Cashews ($710k), and Stone Processing Machines ($200k). Over the past 5 years the exports of Bolivia to South Africa have increased at an annualized rate of 32.6%, from $748k in 2017 to $3.06M in 2022.

In 2022, Bolivia did not export any services to South Africa.

South Africa-Bolivia Trade: In 2022, South Africa exported $10.6M to Bolivia. The main products that South Africa exported to Bolivia were Rubber Tires ($3.12M), Large Flat-Rolled Stainless Steel ($1.98M), and Delivery Trucks ($1.59M). Over the past 5 years the exports of South Africa to Bolivia have decreased at an annualized rate of 1.39%,  from $11.4M in 2017 to $10.6M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Bolivia than South Africa included Argentina ($1.76B), Brazil ($1.89B), and Colombia ($1.06B).

In 2022, countries that imported more from South Africa than Bolivia included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Bolivia (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia South Africa+$410kCoconuts, Brazil Nuts, and Cashews
Top Product Potential South Africa Bolivia+$2.26MDelivery Trucks

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

Product Space of Bolivia (Flag) and South Africa (Flag) (NaN)

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