2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Estonia-Bolivia In 2022, Estonia exported $5.09M to Bolivia. The main products that Estonia exported to Bolivia are Tractors ($2.51M), Delivery Trucks ($1.44M), and Stone Processing Machines ($539k). During the last 27 years the exports of Estonia to Bolivia have increased at an annualized rate of 29.3%, from $4.91k in 1995 to $5.09M in 2022.

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

Bolivia-Estonia In 2022, Bolivia exported $300k to Estonia. The main products that Bolivia exported to Estonia were Coconuts, Brazil Nuts, and Cashews ($241k), Shaped Wood ($44.4k), and Ground Nuts ($6.95k). During the last 27 years the exports of Bolivia to Estonia have increased at an annualized rate of 14.1%, from $8.61k in 1995 to $300k in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $5.09M to Bolivia. The main products exported from Estonia to Bolivia were Tractors ($2.51M), Delivery Trucks ($1.44M), and Stone Processing Machines ($539k). During the last 27 years the exports of Estonia to Bolivia have increased at an annualized rate of 29.3%, from $4.91k in 1995 to $5.09M in 2022.

In 2022, Bolivia exported $300k to Estonia. The main products exported from Bolivia to Estonia were Coconuts, Brazil Nuts, and Cashews ($241k), Shaped Wood ($44.4k), and Ground Nuts ($6.95k). During the last 27 years the exports of Bolivia to Estonia have increased at an annualized rate of 14.1%, from $8.61k in 1995 to $300k in 2022.

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

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

Latest Data

Trade between Estonia (Flag) and Bolivia (Flag)

Estonia Exports

Bolivia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Estonia than Bolivia were Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2021, countries that imported more from Bolivia than Estonia were India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Estonia - Bolivia

Flow
Scale

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

During 2022, Estonia had a large net trade with Bolivia in the exports of Transportation ($4.14M), Machines ($817k), and Plastics and Rubbers ($76.4k).

During 2022, Bolivia had a large net trade with Estonia in the exports of Vegetable Products ($253k), Wood Products ($44.4k), and Machines ($1.05k).

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

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

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