Japan (JPN) and Bolivia (BOL) Trade | OEC - The Observatory of Economic Complexity

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Japan-Bolivia In 2021, Japan exported $129M to Bolivia. The main products that Japan exported to Bolivia are Cars ($48.6M), Delivery Trucks ($13.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($8.42M). During the last 26 years the exports of Japan to Bolivia have increased at an annualized rate of 0.83%, from $104M in 1995 to $129M in 2021.

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

Bolivia-Japan In 2021, Bolivia exported $912M to Japan. The main products that Bolivia exported to Japan were Zinc Ore ($621M), Precious Metal Ore ($231M), and Raw Tin ($26M). During the last 26 years the exports of Bolivia to Japan have increased at an annualized rate of 22.3%, from $4.88M in 1995 to $912M in 2021.

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

Comparison In 2021, Japan ranked 1 in the Economic Complexity Index (ECI 2.06), and 4 in total exports ($731B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.97), and 90 in total exports ($11.3B).

Latest Trends

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May, 2023

About

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Overview In May 2023, Japan exported ¥1.08B and imported ¥7.15B from Bolivia, resulting in a negative trade balance of ¥6.07B. Between May 2022 and May 2023 the exports of Japan have increased by ¥78.3M (7.78%) from ¥1.01B to ¥1.08B, while imports decreased by ¥-3.1B (-30.3%) from ¥10.3B to ¥7.15B.

Trade In May 2023, the top exports of Japan to Bolivia were Cars (¥166M), Delivery Trucks (¥111M), Motor vehicles; parts and accessories (8701... (¥70M), Large Construction Vehicles (¥52.6M), and Rubber Tires (¥33.4M). In May 2023 the top imports of Japan from Bolivia were Lead Ore (¥2.26B), Precious Metal Ore (¥1.17B), Raw Tin (¥454M), Soybean Meal (¥104M), and Scrap Copper (¥82M).

Origins In May 2023 the exports of Japan were mainly from Aichi (¥631M), Kanagawa (¥213M), Osaka (¥103M), Hyōgo (¥37.5M), and Yamaguchi (¥31M), while imports destinations were mainly Akita (¥5.2B), Toyama (¥1.56B), Kanagawa (¥350M), Aichi (¥14.2M), and Tokyo (¥11M).

Growth In May 2023, the increase in Japan's year-by-year exports to Bolivia was explained primarily by an increase in product exports in Delivery Trucks (¥60.1M or 119%), Large Construction Vehicles (¥50.8M or 2.77k%), and Motor vehicles; parts and accessories (8701... (¥46.3M or 195%). In May 2023, the decrease in Japan's year-by-year imports from Bolivia was explained primarily by an decrease in product imports in Raw Sugar (¥-8.84M or -55.9%) and Chocolate (¥-768k or -47.9%).

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (May 2022 - May 2023): ¥78.3M, (7.78%)

IMPORT GROWTH (May 2022 - May 2023): ¥-3.1B, (-30.3%)

MAIN EXPORTER (May 2023): Aichi, ¥631M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Bolivia and Japan trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2021, Japan exported $129M to Bolivia. The main products exported from Japan to Bolivia were Cars ($48.6M), Delivery Trucks ($13.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($8.42M). During the last 26 years the exports of Japan to Bolivia have increased at an annualized rate of 0.83%, from $104M in 1995 to $129M in 2021.

In 2021, Bolivia exported $912M to Japan. The main products exported from Bolivia to Japan were Zinc Ore ($621M), Precious Metal Ore ($231M), and Raw Tin ($26M). During the last 26 years the exports of Bolivia to Japan have increased at an annualized rate of 22.3%, from $4.88M in 1995 to $912M in 2021.

Market Competitiveness

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Color

SectionYear

Japan
Top Destination: China, $153B

Bolivia
Top Destination: India, $1.86B

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

In 2021, countries that imported more from Japan than Bolivia were China ($153B), United States ($128B), and Chinese Taipei ($52.5B).

In 2021, countries that imported more from Bolivia than Japan were Argentina ($1.04B).

Comparative Advantage Japan - Bolivia

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Flow

Scale

Year

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

During 2021, Japan had a large net trade with Bolivia in the exports of Transportation ($79.3M), Machines ($24.5M), and Plastics and Rubbers ($9.43M).

During 2021, Bolivia had a large net trade with Japan in the exports of Mineral Products ($876M), Metals ($27.4M), and Vegetable Products ($7.1M).

Economic Complexity

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Competitive Landscape

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Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Japan - Bolivia

Economic Complexity

Competitive Landscape

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