Hong Kong (HKG) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Hong Kong-Bolivia Trade: In 2023, Hong Kong exported $17.1M to Bolivia. The main products that Hong Kong exported to Bolivia were Office Machine Parts ($1.66M), Broadcasting Equipment ($1.39M), and Float Glass ($1.2M). Over the past 5 years the exports of Hong Kong to Bolivia have increased at an annualized rate of 0.22%, from $16.9M in 2018 to $17.1M in 2023.

In 2023, Hong Kong did not export any services to Bolivia.

Bolivia-Hong Kong Trade: In 2023, Bolivia exported $321M to Hong Kong. The main products that Bolivia exported to Hong Kong were Gold ($251M), Edible Offal ($60.3M), and Frozen Bovine Meat ($5.69M). Over the past 5 years the exports of Bolivia to Hong Kong have increased at an annualized rate of 120%, from $6.19M in 2018 to $321M in 2023.

In 2023, Bolivia did not export any services to Hong Kong.

Comparison: In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hong Kong exported $17.1M to Bolivia. The main products exported from Hong Kong to Bolivia were Office Machine Parts ($1.66M), Broadcasting Equipment ($1.39M), and Float Glass ($1.2M). During the last 5 years the exports of Hong Kong to Bolivia have increased at an annualized rate of 0.22%, from $16.9M in 2018 to $17.1M in 2023.

In 2018, Bolivia exported $321M to Hong Kong. The main products exported from Bolivia to Hong Kong were Gold ($251M), Edible Offal ($60.3M), and Frozen Bovine Meat ($5.69M). During the last 5 years the exports of Bolivia to Hong Kong have increased at an annualized rate of 120%, from $6.19M in 2023 to $321M in 2018.

Exports from Hong Kong () to Bolivia () (2023)

Exports from Bolivia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Bolivia ()

Hong Kong Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Hong Kong than Bolivia included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Bolivia than Hong Kong included Argentina ($1.15B), Colombia ($687M), and Peru ($622M).

Difference in imports from Bolivia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Bolivia in the exports of Machines ($6.09M), Metals ($2.97M), and Instruments ($2.23M).

During 2018, Bolivia had a large net trade with Hong Kong in the exports of Precious Metals ($253M), Animal Products ($65.9M), and Machines ($1.27M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Bolivia+$1.47MTelephones

Top Product Potential Bolivia Hong Kong+$44.7MGold

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Bolivia () (2023)

Exports from Bolivia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Bolivia ()

Hong Kong Exports

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Bolivia () (2023)

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