Flag China / Bolivia Flag

2021
Flag → Flag
Exports
: $1.53B, Rnk 112 / 209

2021
Flag → Flag
Top Product
: $77.6M, Pesticides

2021
Flag → Flag
Exports
: $690M, Rnk 6 / 137

2021
Flag → Flag
Top Product
: $191M, Precious Metal Ore

2021
Flag
Economic Complexity (ECI)
: ECI 1.07, Rnk 25 / 131

2021
Flag
Economic Complexity (ECI)
: ECI -0.97, Rnk 106 / 131

2021
Flag  
GDP
: $17.7T, CURRENT US$
Rnk 2 / 182

2011-2021
Flag
GDP GROWTH
: 135%, CURRENT US$
Rnk 6 / 182

2021
Flag
 GDP
: $40.4B, CURRENT US$
Rnk 89 / 182

2011-2021
Flag
GDP GROWTH
: 68.6%, CURRENT US$
Rnk 29 / 182

2021
Flag
GDP PC 
: $12,556, CURRENT US$
Rnk 58 / 182

2011-2021
Flag
GDP PC GROWTH
: 124%, CURRENT US$
Rnk 4 / 182

2021
Flag
GDP PC
: $3,415, CURRENT US$
Rnk 125 / 182

2011-2021
Flag
GDP PC GROWTH
: 45.5%, CURRENT US$
Rnk 32 / 182

China-Bolivia In 2021, China exported $1.53B to Bolivia. The main products that China exported to Bolivia are Pesticides ($77.6M), Rubber Tires ($65.6M), and Cars ($61.3M). During the last 26 years the exports of China to Bolivia have increased at an annualized rate of 19.5%, from $14.7M in 1995 to $1.53B in 2021.

In 2021, China did not export any services to Bolivia.

Bolivia-China In 2021, Bolivia exported $690M to China. The main products that Bolivia exported to China were Precious Metal Ore ($191M), Zinc Ore ($168M), and Frozen Bovine Meat ($84.7M). During the last 26 years the exports of Bolivia to China have increased at an annualized rate of 37.4%, from $180k in 1995 to $690M in 2021.

In 2021, Bolivia did not export any services to China.

Comparison In 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.97), and 90 in total exports ($11.3B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, China exported $1.53B to Bolivia. The main products exported from China to Bolivia were Pesticides ($77.6M), Rubber Tires ($65.6M), and Cars ($61.3M). During the last 26 years the exports of China to Bolivia have increased at an annualized rate of 19.5%, from $14.7M in 1995 to $1.53B in 2021.

In 2021, Bolivia exported $690M to China. The main products exported from Bolivia to China were Precious Metal Ore ($191M), Zinc Ore ($168M), and Frozen Bovine Meat ($84.7M). During the last 26 years the exports of Bolivia to China have increased at an annualized rate of 37.4%, from $180k in 1995 to $690M in 2021.

Market Competitiveness

#permalink to section
Color

China
Top Destination
: United States, $530B

Bolivia
Top Destination
: India, $1.86B

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

In 2021, countries that imported more from China than Bolivia were United States ($530B), Hong Kong ($323B), and Japan ($168B).

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

Comparative Advantage China - Bolivia

#permalink to section
Flow
Scale

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

During 2021, China had a large net trade with Bolivia in the exports of Machines ($454M), Transportation ($235M), and Metals ($228M).

During 2021, Bolivia had a large net trade with China in the exports of Mineral Products ($524M), Animal Products ($84.7M), and Wood Products ($42.1M).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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