Iraq (IRQ) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Iraq-Bolivia Trade: In 2021, Iraq exported $762 to Bolivia. The main products that Iraq exported to Bolivia were N/A. Over the past 8 years the exports of Iraq to Bolivia have increased at an annualized rate of 7.38%, from $431 in 2013 to $762 in 2021.

In 2021, Iraq did not export any services to Bolivia.

Bolivia-Iraq In N/A, Bolivia did not export any products to Iraq.

In 2021, Bolivia did not export any services to Iraq.

Comparison: In 2022, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Iraq exported $762 to Bolivia. There were not main exports from Iraq to Bolivia in 2021. During the last 8 years the exports of Iraq to Bolivia have increased at an annualized rate of 7.38%, from $431 in 2013 to $762 in 2021.

Bolivia does not register exports to Iraq. The main products exported from Bolivia to Iraq were Excavation Machinery ($2.91k).

Exports from Iraq () to Bolivia () (2022)

Exports from Bolivia () to Iraq () (2022)

Latest Data

Trade between Iraq () and Bolivia ()

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iraq
Top DestinationIndia$38.8B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Iraq than Bolivia included India ($38.8B), China ($34B), and United States ($10.3B).

In 2022, countries that imported more from Bolivia than Iraq included Brazil ($1.89B), Argentina ($1.76B), and Colombia ($1.06B).

Difference in imports from Bolivia () and Iraq () (2022)

Comparative Advantage Iraq - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Iraq had a large net trade with Bolivia in the exports of N/A.

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iraq Bolivia+$6.12kRefined Petroleum

Top Product Potential Bolivia Iraq+$13.9kExcavation Machinery

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

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Historical Data

Bilateral Trade by Products

Exports from Iraq () to Bolivia () (2022)

Exports from Bolivia () to Iraq () (2022)

Latest Data

Trade between Iraq () and Bolivia ()

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Iraq () (2022)

Comparative Advantage Iraq - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iraq () and Bolivia () (2022)

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