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Pricing

2022
Flag → Flag
Exports $152kRnk 103 / 127
2022
Flag → Flag
Top Product $89.2kPackaged Medicaments
2022
Flag → Flag
Exports $105kRnk 5 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

Iran-Bolivia Trade: In 2022, Iran exported $152k to Bolivia. The main products that Iran exported to Bolivia were Packaged Medicaments ($89.2k), Tufted Carpets ($51.6k), and Glues ($5.31k). Over the past 5 years the exports of Iran to Bolivia have decreased at an annualized rate of 21.1%, from $495k in 2017 to $152k in 2022.

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

Bolivia-Iran Trade: In 2022, Bolivia exported $105k to Iran. The main products that Bolivia exported to Iran were N/A. Over the past 5 years the exports of Bolivia to Iran have decreased at an annualized rate of 12.1%,  from $201k in 2017 to $105k in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $152k to Bolivia. The main products exported from Iran to Bolivia were Packaged Medicaments ($89.2k), Tufted Carpets ($51.6k), and Glues ($5.31k). During the last 5 years the exports of Iran to Bolivia have decreased at an annualized rate of 21.1%, from $495k in 2017 to $152k in 2022.

In 2011, Bolivia exported $105k to Iran. There were not main exports from Bolivia to Iran in 2011. During the last 5 years the exports of Bolivia to Iran have decreased at an annualized rate of 12.1%, from $201k in 2016 to $105k in 2011.

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

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

Latest Data

Trade between Iran (Flag) and Bolivia (Flag)

Bolivia Exports

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Iran than Bolivia included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

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

Comparative Advantage Iran - Bolivia

Flow
Scale

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

During 2022, Iran had a large net trade with Bolivia in the exports of Chemical Products ($94.5k), Textiles ($52k), and Instruments ($2.71k).

During 2011, Bolivia had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Bolivia+$94.7kPackaged Medicaments
Top Product Potential Bolivia Iran+$4.24kSoybeans

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

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

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