Flag Ecuador / Bolivia Flag

2019
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Exports
: $37.2M, Rnk 45 / 169

2019
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Top Product
: $6.36M, Toilet Paper

2019
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Exports
: $225M, Rnk 11 / 108

2019
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Top Product
: $107M, Soybean Meal

2019
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Economic Complexity (ECI)
: ECI -0.76, Rnk 110 / 146

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

2019
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GDP
: $107B, CURRENT US$
Rnk 59 / 187

2009-2019
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GDP GROWTH
: 71.8%, CURRENT US$
Rnk 58 / 187

2019
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 GDP
: $40.9B, CURRENT US$
Rnk 91 / 187

2009-2019
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GDP GROWTH
: 136%, CURRENT US$
Rnk 18 / 187

2019
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GDP PC 
: $6,184, CURRENT US$
Rnk 95 / 187

2009-2019
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GDP PC GROWTH
: 46.1%, CURRENT US$
Rnk 62 / 187

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

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

Ecuador-Bolivia In 2019, Ecuador exported $37.2M to Bolivia. The main products that Ecuador exported to Bolivia are Toilet Paper ($6.36M), Iron Stovetops ($2.92M), and Rubber Tires ($2.74M). During the last 24 years the exports of Ecuador to Bolivia have increased at an annualized rate of 8.78%, from $4.94M in 1995 to $37.2M in 2019.

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

Bolivia-Ecuador In 2019, Bolivia exported $225M to Ecuador . The main products that Bolivia exported to Ecuador were Soybean Meal ($107M), Soybean Oil ($82.2M), and Seed Oils ($23.3M). During the last 24 years the exports of Bolivia to Ecuador have increased at an annualized rate of 15.3%, from $7.4M in 1995 to $225M in 2019.

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

Comparison In 2019,  Ecuador ranked 110 in the Economic Complexity Index (ECI -0.76), and 70 in total exports ($22.9B). That same year, Bolivia ranked 117 in the Economic Complexity Index (ECI -0.94), and 97 in total exports ($8.04B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Ecuador exported $37.2M to Bolivia. The main products exported from Ecuador to Bolivia were Toilet Paper ($6.36M), Iron Stovetops ($2.92M), and Rubber Tires ($2.74M). During the last 24 years the exports of Ecuador to Bolivia have increased at an annualized rate of 8.78%, from $4.94M in 1995 to $37.2M in 2019.

In 2019, Bolivia exported $225M to Ecuador. The main products exported from Bolivia to Ecuador were Soybean Meal ($107M), Soybean Oil ($82.2M), and Seed Oils ($23.3M). During the last 24 years the exports of Bolivia to Ecuador have increased at an annualized rate of 15.3%, from $7.4M in 1995 to $225M in 2019.

Ecuador Exports

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Bolivia Exports

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Market Competitiveness

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Measure

Ecuador
Top Destination
: United States, $6.76B

Bolivia
Top Destination
: Argentina, $1.24B

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

In 2019, countries that imported more from Ecuador than Bolivia were United States ($6.76B), China ($2.85B), and Panama ($1.92B).

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

Comparative Advantage Ecuador - Bolivia

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Depth

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

During 2019, Ecuador had a large net trade with Bolivia in the exports of Metals ($8.22M), Paper Goods ($6.55M), and Chemical Products ($6.2M).

During 2019, Bolivia had a large net trade with Ecuador in the exports of Foodstuffs ($112M), Animal and Vegetable Bi-Products ($106M), and Vegetable Products ($2.25M).

Economic Complexity

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Competitive Landscape

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