2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
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 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
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$
Rnk 52 / 186

About

Brazil-Bolivia Trade: In 2022, Brazil exported $1.51B to Bolivia. The main products that Brazil exported to Bolivia were Raw Iron Bars ($126M), Other Edible Preparations ($74.9M), and Cars ($70.1M). Over the past 5 years the exports of Brazil to Bolivia have increased at an annualized rate of 22.8%, from $543M in 2017 to $1.51B in 2022.

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

Bolivia-Brazil Trade: In 2022, Bolivia exported $1.46B to Brazil. The main products that Bolivia exported to Brazil were Petroleum Gas ($1.66B), Nitrogenous Fertilizers ($83.5M), and Borax ($44.2M). Over the past 5 years the exports of Bolivia to Brazil have increased at an annualized rate of 115%,  from $31.5M in 2017 to $1.46B in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $1.51B to Bolivia. The main products exported from Brazil to Bolivia were Raw Iron Bars ($126M), Other Edible Preparations ($74.9M), and Cars ($70.1M). During the last 5 years the exports of Brazil to Bolivia have increased at an annualized rate of 22.8%, from $543M in 2017 to $1.51B in 2022.

In 2017, Bolivia exported $1.46B to Brazil. The main products exported from Bolivia to Brazil were Petroleum Gas ($1.66B), Nitrogenous Fertilizers ($83.5M), and Borax ($44.2M). During the last 22 years the exports of Bolivia to Brazil have increased at an annualized rate of 115%, from $31.5M in 1995 to $1.46B in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Bolivia
Top Destination
India$2.27B

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

In 2022, countries that imported more from Brazil than Bolivia included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, no countries were registered that imported more from Bolivia than from Brazil.

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

Comparative Advantage Brazil - Bolivia

Flow
Scale

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

During 2022, Brazil had a large net trade with Bolivia in the exports of Machines ($373M), Metals ($339M), and Plastics and Rubbers ($204M).

During 2017, Bolivia had a large net trade with Brazil in the exports of Mineral Products ($1.71B), Chemical Products ($117M), and Metals ($16.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Bolivia+$44.1MRefined Petroleum
Top Product Potential Bolivia Brazil+$68.7MNitrogenous Fertilizers

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

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

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