Colombia (COL) and Bolivia (BOL) Trade | OEC - The Observatory of Economic Complexity

About

Colombia-Bolivia In 2021, Colombia exported $142M to Bolivia. The main products that Colombia exported to Bolivia are Propylene Polymers ($20.8M), Perfumes ($10.9M), and Packaged Medicaments ($9.3M). During the last 26 years the exports of Colombia to Bolivia have increased at an annualized rate of 6.52%, from $27.4M in 1995 to $142M in 2021.

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

Bolivia-Colombia In 2021, Bolivia exported $716M to Colombia. The main products that Bolivia exported to Colombia were Soybean Meal ($325M), Soybean Oil ($267M), and Raw Sugar ($38.5M). During the last 26 years the exports of Bolivia to Colombia have increased at an annualized rate of 9.55%, from $66.8M in 1995 to $716M in 2021.

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

Comparison In 2021, Colombia ranked 56 in the Economic Complexity Index (ECI 0.14), and 60 in total exports ($42.5B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.97), and 90 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Colombia exported $142M to Bolivia. The main products exported from Colombia to Bolivia were Propylene Polymers ($20.8M), Perfumes ($10.9M), and Packaged Medicaments ($9.3M). During the last 26 years the exports of Colombia to Bolivia have increased at an annualized rate of 6.52%, from $27.4M in 1995 to $142M in 2021.

In 2021, Bolivia exported $716M to Colombia. The main products exported from Bolivia to Colombia were Soybean Meal ($325M), Soybean Oil ($267M), and Raw Sugar ($38.5M). During the last 26 years the exports of Bolivia to Colombia have increased at an annualized rate of 9.55%, from $66.8M in 1995 to $716M in 2021.

Latest Data

Colombia Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

SectionYear

Colombia
Top Destination: United States, $11.7B

Bolivia
Top Destination: India, $1.86B

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 2021, countries that imported more from Colombia than Bolivia were United States ($11.7B), China ($3.69B), and Panama ($2.4B).

In 2021, countries that imported more from Bolivia than Colombia were Argentina ($1.04B), Japan ($912M), and United Arab Emirates ($401M).

Comparative Advantage Colombia - Bolivia

Flow

Scale

Year

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

During 2021, Colombia had a large net trade with Bolivia in the exports of Chemical Products ($42.4M), Plastics and Rubbers ($30.7M), and Machines ($13.5M).

During 2021, Bolivia had a large net trade with Colombia in the exports of Foodstuffs ($379M), Animal and Vegetable Bi-Products ($292M), and Animal Products ($25.1M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Colombia Exports

Bolivia Exports

Market Competitiveness

Comparative Advantage Colombia - Bolivia

Economic Complexity

Competitive Landscape

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