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Pricing

2022
Flag → Flag
Exports $200MRnk 107 / 223
2022
Flag → Flag
Top Product $17.1MCombustion Engines
2022
Flag → Flag
Exports $113MRnk 22 / 146
2022
Flag → Flag
Top Product $60MRaw Tin
2022
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Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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Economic Complexity (ECI) ECI -0.9Rnk 98 / 124
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

Germany-Bolivia In 2022, Germany exported $200M to Bolivia. The main products that Germany exported to Bolivia are Combustion Engines ($17.1M), Electric Generating Sets ($11.5M), and Refined Petroleum ($9.88M). During the last 27 years the exports of Germany to Bolivia have increased at an annualized rate of 1.85%, from $122M in 1995 to $200M in 2022.

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

Bolivia-Germany In 2022, Bolivia exported $113M to Germany. The main products that Bolivia exported to Germany were Raw Tin ($60M), Coconuts, Brazil Nuts, and Cashews ($22.1M), and Zinc Ore ($12M). During the last 27 years the exports of Bolivia to Germany have increased at an annualized rate of 0.45%, from $99.8M in 1995 to $113M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €6.58M and imported €8.15M from Bolivia, resulting in a negative trade balance of €1.57M. Between January 2023 and January 2024 the exports of Germany have decreased by €-1.17M (-15.1%) from €7.75M to €6.58M, while imports decreased by €-801k (-8.95%) from €8.95M to €8.15M.

Trade In January 2024, the top exports of Germany to Bolivia were Tin and tin alloys, incl. waste,... (€1.08M), Other machinery (€867k), Pharmaceutical products (€787k), Perfumes and toilet preparations (€424k), and Medical, surgical equipment, orthopaedic apparatus (€404k). In January 2024 the top imports of Germany from Bolivia were Nuts and dried fruits (€6.18M), Tin and tin alloys, incl. waste,... (€1.57M), Machinery for mining, quarrying and construction (€513k), Oilseed and oleaginous fruits (€287k), and Sawn timber (€183k).

Origins In January 2024 the exports of Germany were mainly from North Rhine-Westphalia (€933k), Saxony-Anhalt (€908k), Baden-Württemberg (€808k), Bavaria (€703k), and Hesse (€452k), while imports destinations were mainly Rhineland-Pfalz (€2.41M), North Rhine-Westphalia (€1.73M), Baden-Württemberg (€1.5M), Lower Saxony (€708k), and Hamburg (€681k).

Growth In January 2024, the decrease in Germany's year-by-year exports to Bolivia was explained primarily by an decrease in product exports in Machinery for mining, quarrying and construction (€-1.5M or -91.3%), Other prefabricated chemicals (€-537k or -83.6%), and Paints, varnishes and puttys (€-364k or -91.2%). In January 2024, the decrease in Germany's year-by-year imports  from Bolivia was explained primarily by an decrease in product imports  in Tin and tin alloys, incl. waste,... (€-6.64M or -80.9%), Oilseed and oleaginous fruits (€-721k or -71.5%), and Sorghum, millet and other cereals, excl.... (€-370k or -72.4%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-1.17M(-15.1%)
IMPORT GROWTH (January 2023 - January 2024)€-801k(-8.95%)
MAIN EXPORTER (January 2024)North Rhine-Westphalia€933k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Bolivia and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $200M to Bolivia. The main products exported from Germany to Bolivia were Combustion Engines ($17.1M), Electric Generating Sets ($11.5M), and Refined Petroleum ($9.88M). During the last 27 years the exports of Germany to Bolivia have increased at an annualized rate of 1.85%, from $122M in 1995 to $200M in 2022.

In 2022, Bolivia exported $113M to Germany. The main products exported from Bolivia to Germany were Raw Tin ($60M), Coconuts, Brazil Nuts, and Cashews ($22.1M), and Zinc Ore ($12M). During the last 27 years the exports of Bolivia to Germany have increased at an annualized rate of 0.45%, from $99.8M in 1995 to $113M in 2022.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Bolivia
Top DestinationIndia$2.27B

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

In 2021, countries that imported more from Germany than Bolivia were United States ($153B), France ($120B), and Netherlands ($109B).

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

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

Comparative Advantage Germany - Bolivia

Flow
Scale

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

During 2022, Germany had a large net trade with Bolivia in the exports of Machines ($102M), Chemical Products ($30.9M), and Instruments ($16.8M).

During 2022, Bolivia had a large net trade with Germany in the exports of Metals ($60.3M), Vegetable Products ($30.7M), and Mineral Products ($12M).

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

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

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