Flag Colombia / Bolivia Flag

2019
FlagFlag
Exports
: $135M, Rnk 36 / 188

2019
FlagFlag
Top Product
: $12.7M, Propylene Polymers

2019
FlagFlag
Exports
: $390M, Rnk 8 / 108

2019
FlagFlag
Top Product
: $189M, Soybean Oil

2019
Flag
Economic Complexity (ECI)
: ECI 0.26, Rnk 56 / 146

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

2019
Flag  
GDP
: $324B, CURRENT US$
Rnk 38 / 187

2009-2019
Flag
GDP GROWTH
: 39.3%, CURRENT US$
Rnk 112 / 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 
: $6,429, CURRENT US$
Rnk 93 / 187

2009-2019
Flag
GDP PC GROWTH
: 23.8%, CURRENT US$
Rnk 106 / 187

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

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

Colombia-Bolivia In 2019, Colombia exported $135M to Bolivia. The main products that Colombia exported to Bolivia are Propylene Polymers ($12.7M), Electrical Control Boards ($10.5M), and Toilet Paper ($8.64M). During the last 24 years the exports of Colombia to Bolivia have increased at an annualized rate of 6.85%, from $27.4M in 1995 to $135M in 2019.

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

Bolivia-Colombia In 2019, Bolivia exported $390M to Colombia . The main products that Bolivia exported to Colombia were Soybean Oil ($189M), Soybean Meal ($97.4M), and Raw Sugar ($35.4M). During the last 24 years the exports of Bolivia to Colombia have increased at an annualized rate of 7.64%, from $66.7M in 1995 to $390M in 2019.

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

Comparison In 2019,  Colombia ranked 56 in the Economic Complexity Index (ECI 0.26), and 54 in total exports ($40.5B). 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, Colombia exported $135M to Bolivia. The main products exported from Colombia to Bolivia were Propylene Polymers ($12.7M), Electrical Control Boards ($10.5M), and Toilet Paper ($8.64M). During the last 24 years the exports of Colombia to Bolivia have increased at an annualized rate of 6.85%, from $27.4M in 1995 to $135M in 2019.

In 2019, Bolivia exported $390M to Colombia. The main products exported from Bolivia to Colombia were Soybean Oil ($189M), Soybean Meal ($97.4M), and Raw Sugar ($35.4M). During the last 24 years the exports of Bolivia to Colombia have increased at an annualized rate of 7.64%, from $66.7M in 1995 to $390M in 2019.

Colombia Exports

#permalink to section

Bolivia Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Colombia
Top Destination
: United States, $12.4B

Bolivia
Top Destination
: Argentina, $1.24B

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

In 2019, countries that imported more from Colombia than Bolivia were United States ($12.4B), China ($4.58B), and Panama ($2.35B).

In 2019, countries that imported more from Bolivia than Colombia were Argentina ($1.24B), United Arab Emirates ($950M), and India ($798M).

Comparative Advantage Colombia - Bolivia

#permalink to section
Depth

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

During 2019, Colombia had a large net trade with Bolivia in the exports of Chemical Products ($31.7M), Plastics and Rubbers ($21.8M), and Machines ($18.6M).

During 2019, Bolivia had a large net trade with Colombia in the exports of Animal and Vegetable Bi-Products ($212M), Foodstuffs ($154M), and Animal Products ($12.5M).

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 Colombia has comparative advantage over Bolivia. Similarly, the more red a dot/product is, the more Bolivia has comparative advantage over Colombia.