Flag India / Bolivia Flag

2019
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Exports
: $121M, Rnk 124 / 219

2019
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Top Product
: $43.6M, Cars

2019
FlagFlag
Exports
: $798M, Rnk 4 / 108

2019
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Top Product
: $796M, Gold

2019
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Economic Complexity (ECI)
: ECI 0.59, Rnk 44 / 146

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

2019
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GDP
: $2.87T, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 25 / 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 
: $2,100, CURRENT US$
Rnk 142 / 187

2009-2019
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GDP PC GROWTH
: 90.5%, CURRENT US$
Rnk 19 / 187

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

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

India-Bolivia In 2019, India exported $121M to Bolivia. The main products that India exported to Bolivia are Cars ($43.6M), Packaged Medicaments ($16.6M), and Pesticides ($7.01M). During the last 24 years the exports of India to Bolivia have increased at an annualized rate of 19.3%, from $1.74M in 1995 to $121M in 2019.

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

Bolivia-India In 2019, Bolivia exported $798M to India . The main products that Bolivia exported to India were Gold ($796M), Borax ($1.38M), and Scrap Iron ($225k). During the last 24 years the exports of Bolivia to India have increased at an annualized rate of 41.1%, from $205k in 1995 to $798M in 2019.

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

Comparison In 2019,  India ranked 44 in the Economic Complexity Index (ECI 0.59), and 15 in total exports ($330B). 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, India exported $121M to Bolivia. The main products exported from India to Bolivia were Cars ($43.6M), Packaged Medicaments ($16.6M), and Pesticides ($7.01M). During the last 24 years the exports of India to Bolivia have increased at an annualized rate of 19.3%, from $1.74M in 1995 to $121M in 2019.

In 2019, Bolivia exported $798M to India. The main products exported from Bolivia to India were Gold ($796M), Borax ($1.38M), and Scrap Iron ($225k). During the last 24 years the exports of Bolivia to India have increased at an annualized rate of 41.1%, from $205k in 1995 to $798M in 2019.

Bolivia Exports

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Market Competitiveness

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Measure

India
Top Destination
: United States, $55.3B

Bolivia
Top Destination
: Argentina, $1.24B

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

In 2019, countries that imported more from India than Bolivia were United States ($55.3B), United Arab Emirates ($28.6B), and China ($17.4B).

In 2019, countries that imported more from Bolivia than India were Argentina ($1.24B).

Comparative Advantage India - Bolivia

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Depth

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

During 2019, India had a large net trade with Bolivia in the exports of Transportation ($51.1M), Chemical Products ($37.4M), and Machines ($12.3M).

During 2019, Bolivia had a large net trade with India in the exports of Precious Metals ($796M), Mineral Products ($1.38M), and Metals ($578k).

Tariff Section

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This section shows import tariffs for products traded between India and Bolivia (using the HS6 product classification and the last year reported).

In 2018, the products from India that paid the highest import tariffs to enter Bolivia were Food preparations nes (150%) and Grape wines, sparkling (150%).

In 2018, the products from Bolivia that paid the highest import tariffs to enter India were Vegetables nes and mixtures, prepared, frozen (40%) and Beer made from malt (40%).

*The tariffs present between India and Bolivia are:
136: Most Favoured Nation duty rate treatement
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

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