2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC 
$31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC
$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195

About

Czechia-Bolivia Trade: In 2023, Czechia exported $11.4M to Bolivia. The main products that Czechia exported to Bolivia were Spring, Air, and Gas Guns ($952k), Animal Hair ($702k), and Electrical Control Boards ($600k). Over the past 5 years the exports of Czechia to Bolivia have increased at an annualized rate of 0.034%, from $11.4M in 2018 to $11.4M in 2023.

In 2023, Czechia did not export any services to Bolivia.

Bolivia-Czechia Trade: In 2023, Bolivia exported $2.1M to Czechia. The main products that Bolivia exported to Czechia were Raw Tin ($698k), Coconuts, Brazil Nuts, and Cashews ($361k), and Shaped Wood ($327k). Over the past 5 years the exports of Bolivia to Czechia have increased at an annualized rate of 1.37%,  from $1.96M in 2018 to $2.1M in 2023.

In 2023, Bolivia did not export any services to Czechia.

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Czechia exported $11.4M to Bolivia. The main products exported from Czechia to Bolivia were Spring, Air, and Gas Guns ($952k), Animal Hair ($702k), and Electrical Control Boards ($600k). During the last 5 years the exports of Czechia to Bolivia have increased at an annualized rate of 0.034%, from $11.4M in 2018 to $11.4M in 2023.

In 2018, Bolivia exported $2.1M to Czechia. The main products exported from Bolivia to Czechia were Raw Tin ($698k), Coconuts, Brazil Nuts, and Cashews ($361k), and Shaped Wood ($327k). During the last 5 years the exports of Bolivia to Czechia have increased at an annualized rate of 1.37%, from $1.96M in 2023 to $2.1M in 2018.

Exports from Czechia (Flag) to Bolivia (Flag) (2023)

Exports from Bolivia (Flag) to Czechia (Flag) (2023)

Latest Data

Trade between Czechia (Flag) and Bolivia (Flag)

Czechia Exports

Bolivia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Bolivia
Top Destination
Brazil$1.54B

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

In 2023, countries that imported more from Czechia than Bolivia included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Bolivia than Czechia included Argentina ($1.15B), Brazil ($1.54B), and Colombia ($687M).

Difference in imports from Bolivia (Flag) and Czechia (Flag) (2023)

Comparative Advantage Czechia - Bolivia

Flow
Scale

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

During 2023, Czechia had a large net trade with Bolivia in the exports of Machines ($6.06M), Weapons ($1.23M), and Plastics and Rubbers ($823k).

During 2018, Bolivia had a large net trade with Czechia in the exports of Vegetable Products ($811k), Metals ($698k), and Wood Products ($338k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Bolivia+$1.37MComputers
Top Product Potential Bolivia Czechia+$194kInorganic Salts

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Czechia and Bolivia. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Czechia.

Product Space of Czechia (Flag) and Bolivia (Flag) (2023)

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