Flag Brazil / Bolivia Flag

2019
FlagFlag
Exports
: $1.41B, Rnk 35 / 220

2019
FlagFlag
Top Product
: $115M, Raw Iron Bars

2019
FlagFlag
Exports
: $1.24B, Rnk 2 / 108

2019
FlagFlag
Top Product
: $1.17B, Petroleum Gas

2019
Flag
Economic Complexity (ECI)
: ECI 0.51, Rnk 49 / 146

2019
Flag
Economic Complexity (ECI)
: ECI -0.94, Rnk 117 / 146

2019
Flag  
GDP
: $1.84T, CURRENT US$
Rnk 9 / 187

2009-2019
Flag
GDP GROWTH
: 10.4%, CURRENT US$
Rnk 162 / 187

2019
Flag
 GDP
: $40.9B, CURRENT US$
Rnk 91 / 187

2009-2019
Flag
GDP GROWTH
: 136%, CURRENT US$
Rnk 18 / 187

2019
Flag
GDP PC 
: $8,717, CURRENT US$
Rnk 79 / 187

2009-2019
Flag
GDP PC GROWTH
: 1.39%, CURRENT US$
Rnk 156 / 187

2019
Flag
GDP PC
: $3,552, CURRENT US$
Rnk 124 / 187

2009-2019
Flag
GDP PC GROWTH
: 102%, CURRENT US$
Rnk 15 / 187

Brazil-Bolivia In 2019, Brazil exported $1.41B to Bolivia. The main products that Brazil exported to Bolivia are Raw Iron Bars ($115M), Other Edible Preparations ($83.4M), and Insulated Wire ($35.1M). During the last 24 years the exports of Brazil to Bolivia have increased at an annualized rate of 4.1%, from $538M in 1995 to $1.41B in 2019.

In 2019, Brazil did not export any services to Bolivia.

Bolivia-Brazil In 2019, Bolivia exported $1.24B to Brazil . The main products that Bolivia exported to Brazil were Petroleum Gas ($1.17B), Borax ($17.6M), and Nitrogenous Fertilizers ($15M). During the last 24 years the exports of Bolivia to Brazil have increased at an annualized rate of 16.5%, from $31.5M in 1995 to $1.24B in 2019.

In 2019, Bolivia did not export any services to Brazil.

Comparison In 2019,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.51), and 25 in total exports ($230B). That same year, Bolivia ranked 117 in the Economic Complexity Index (ECI -0.94), and 97 in total exports ($8.04B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Brazil exported $1.41B to Bolivia. The main products exported from Brazil to Bolivia were Raw Iron Bars ($115M), Other Edible Preparations ($83.4M), and Insulated Wire ($35.1M). During the last 24 years the exports of Brazil to Bolivia have increased at an annualized rate of 4.1%, from $538M in 1995 to $1.41B in 2019.

In 2019, Bolivia exported $1.24B to Brazil. The main products exported from Bolivia to Brazil were Petroleum Gas ($1.17B), Borax ($17.6M), and Nitrogenous Fertilizers ($15M). During the last 24 years the exports of Bolivia to Brazil have increased at an annualized rate of 16.5%, from $31.5M in 1995 to $1.24B in 2019.

Brazil Exports

#permalink to section

Bolivia Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Brazil
Top Destination
: China, $63.5B

Bolivia
Top Destination
: Argentina, $1.24B

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 2019, countries that imported more from Brazil than Bolivia were China ($63.5B), United States ($30.5B), and Netherlands ($9.13B).

In 2019, no countries were registered that imported more from Bolivia than from Brazil.

Comparative Advantage Brazil - Bolivia

#permalink to section
Depth

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

During 2019, Brazil had a large net trade with Bolivia in the exports of Machines ($306M), Metals ($264M), and Foodstuffs ($153M).

During 2019, Bolivia had a large net trade with Brazil in the exports of Mineral Products ($1.19B), Chemical Products ($22.4M), and Vegetable Products ($10.2M).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Bolivia. Similarly, the more red a dot/product is, the more Bolivia has comparative advantage over Brazil.