Flag Hong Kong / Bolivia Flag

2020
FlagFlag
Exports
: $13.1M, Rnk 126 / 196

2020
FlagFlag
Top Product
: $1.29M, Laboratory Reagents

2020
FlagFlag
Exports
: $107M, Rnk 19 / 129

2020
FlagFlag
Top Product
: $99.1M, Gold

2020
Flag
Economic Complexity (ECI)
: ECI 1.11, Rnk 23 / 127

2020
Flag
Economic Complexity (ECI)
: ECI -0.99, Rnk 100 / 127

2020
Flag  
GDP
: $345B, CURRENT US$
Rnk 37 / 204

2010-2020
Flag
GDP GROWTH
: 50.8%, CURRENT US$
Rnk 55 / 204

2020
Flag
 GDP
: $36.6B, CURRENT US$
Rnk 94 / 204

2010-2020
Flag
GDP GROWTH
: 86.4%, CURRENT US$
Rnk 21 / 204

2020
Flag
GDP PC 
: $46,101, CURRENT US$
Rnk 21 / 204

2010-2020
Flag
GDP PC GROWTH
: 41.6%, CURRENT US$
Rnk 39 / 204

2020
Flag
GDP PC
: $3,138, CURRENT US$
Rnk 143 / 204

2010-2020
Flag
GDP PC GROWTH
: 60.5%, CURRENT US$
Rnk 22 / 204

Hong Kong-Bolivia In 2020, Hong Kong exported $13.1M to Bolivia. The main products that Hong Kong exported to Bolivia are Laboratory Reagents ($1.29M), Other Cloth Articles ($1.2M), and Other Small Iron Pipes ($846k). During the last 25 years the exports of Hong Kong to Bolivia have increased at an annualized rate of 5.55%, from $3.4M in 1995 to $13.1M in 2020.

In 2020, Hong Kong did not export any services to Bolivia.

Bolivia-Hong Kong In 2020, Bolivia exported $107M to Hong Kong. The main products that Bolivia exported to Hong Kong were Gold ($99.1M), Silver ($4.71M), and Jewellery ($895k). During the last 25 years the exports of Bolivia to Hong Kong have increased at an annualized rate of 32.2%, from $100k in 1995 to $107M in 2020.

In 2020, Bolivia did not export any services to Hong Kong.

Comparison In 2020,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.11), and 33 in total exports ($126B). That same year, Bolivia ranked 100 in the Economic Complexity Index (ECI -0.99), and 100 in total exports ($7.02B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Hong Kong exported $13.1M to Bolivia. The main products exported from Hong Kong to Bolivia were Laboratory Reagents ($1.29M), Other Cloth Articles ($1.2M), and Other Small Iron Pipes ($846k). During the last 25 years the exports of Hong Kong to Bolivia have increased at an annualized rate of 5.55%, from $3.4M in 1995 to $13.1M in 2020.

In 2020, Bolivia exported $107M to Hong Kong. The main products exported from Bolivia to Hong Kong were Gold ($99.1M), Silver ($4.71M), and Jewellery ($895k). During the last 25 years the exports of Bolivia to Hong Kong have increased at an annualized rate of 32.2%, from $100k in 1995 to $107M in 2020.

Hong Kong Exports

#permalink to section

Bolivia Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Hong Kong
Top Destination
: China, $25.9B

Bolivia
Top Destination
: Brazil, $1.12B

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 2019, countries that imported more from Hong Kong than Bolivia were China ($25.9B), United Kingdom ($14.8B), and India ($14.2B).

In 2019, countries that imported more from Bolivia than Hong Kong were Argentina ($1.03B), Peru ($477M), and Brazil ($1.12B).

Comparative Advantage Hong Kong - Bolivia

#permalink to section
Flow
Scale

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

During 2020, Hong Kong had a large net trade with Bolivia in the exports of Machines ($3.26M), Metals ($2.27M), and Chemical Products ($2.06M).

During 2020, Bolivia had a large net trade with Hong Kong in the exports of Precious Metals ($105M), Machines ($1.03M), and Animal Products ($297k).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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