2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
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 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 PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH
4.36%CURRENT US$
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2022
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GDP PC
$3,523CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Canada-Bolivia In 2022, Canada exported $29.5M to Bolivia. The main products that Canada exported to Bolivia are Cars ($5.35M), Rubberworking Machinery ($2.75M), and Dried Legumes ($1.35M). During the last 27 years the exports of Canada to Bolivia have increased at an annualized rate of 1.49%, from $19.8M in 1995 to $29.5M in 2022.

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

Bolivia-Canada In 2022, Bolivia exported $226M to Canada. The main products that Bolivia exported to Canada were Silver ($101M), Zinc Ore ($54.3M), and Raw Tin ($31.1M). During the last 27 years the exports of Bolivia to Canada have increased at an annualized rate of 10.4%, from $15.6M in 1995 to $226M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $29.5M to Bolivia. The main products exported from Canada to Bolivia were Cars ($5.35M), Rubberworking Machinery ($2.75M), and Dried Legumes ($1.35M). During the last 27 years the exports of Canada to Bolivia have increased at an annualized rate of 1.49%, from $19.8M in 1995 to $29.5M in 2022.

In 2022, Bolivia exported $226M to Canada. The main products exported from Bolivia to Canada were Silver ($101M), Zinc Ore ($54.3M), and Raw Tin ($31.1M). During the last 27 years the exports of Bolivia to Canada have increased at an annualized rate of 10.4%, from $15.6M in 1995 to $226M in 2022.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Canada than Bolivia were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Bolivia than Canada were Argentina ($1.76B), Burma ($18.3M), and San Marino ($78.6k).

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

Comparative Advantage Canada - Bolivia

Flow
Scale

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

During 2022, Canada had a large net trade with Bolivia in the exports of Machines ($11.8M), Transportation ($7.76M), and Chemical Products ($3.29M).

During 2022, Bolivia had a large net trade with Canada in the exports of Precious Metals ($106M), Mineral Products ($69.9M), and Metals ($31.7M).

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

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

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