2022
Flag  
GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 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 
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 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

Ethiopia-Bolivia Trade: In 2022, Ethiopia exported $12.2k to Bolivia. The main products that Ethiopia exported to Bolivia were Milling Stones ($4.5k), Knit Sweaters ($4.43k), and Non-Knit Women's Suits ($2.07k). Over the past 5 years the exports of Ethiopia to Bolivia have decreased at an annualized rate of 46.5%, from $278k in 2017 to $12.2k in 2022.

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

Bolivia-Ethiopia Trade: In 2022, Bolivia exported $46.9k to Ethiopia. The main products that Bolivia exported to Ethiopia were Sowing Seeds ($46.9k). Over the past 5 years the exports of Bolivia to Ethiopia have increased at an annualized rate of 10.6%,  from $20.9k in 2017 to $46.9k in 2022.

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

Comparison: In 2022,  Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ethiopia exported $12.2k to Bolivia. The main products exported from Ethiopia to Bolivia were Milling Stones ($4.5k), Knit Sweaters ($4.43k), and Non-Knit Women's Suits ($2.07k). During the last 5 years the exports of Ethiopia to Bolivia have decreased at an annualized rate of 46.5%, from $278k in 2017 to $12.2k in 2022.

In 2017, Bolivia exported $46.9k to Ethiopia. The main products exported from Bolivia to Ethiopia were Sowing Seeds ($46.9k). During the last 5 years the exports of Bolivia to Ethiopia have increased at an annualized rate of 10.6%, from $20.9k in 2022 to $46.9k in 2017.

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

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

Latest Data

Trade between Ethiopia (Flag) and Bolivia (Flag)

Ethiopia Exports

Bolivia Exports

Date

Market Competitiveness

Color
Ethiopia
Top Destination
United Arab Emirates$723M
Bolivia
Top Destination
India$2.27B

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

In 2022, countries that imported more from Ethiopia than Bolivia included Saudi Arabia ($268M), Somalia ($265M), and United Arab Emirates ($723M).

In 2022, countries that imported more from Bolivia than Ethiopia included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Ethiopia - Bolivia

Flow
Scale

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

During 2022, Ethiopia had a large net trade with Bolivia in the exports of N/A.

During 2017, Bolivia had a large net trade with Ethiopia in the exports of Vegetable Products ($46.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Bolivia+$13.7kKnit Sweaters
Top Product Potential Bolivia Ethiopia+$25.5kSowing Seeds

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 Ethiopia and Bolivia. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Ethiopia.

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

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