Flag Kazakhstan / Bolivia Flag

Exports FlagFlag  (2018): $79k, Rnk 104 / 121

Top Product FlagFlag (2018): $70.1k, Other Iron Products

Exports FlagFlag (2018): $79.9k, Rnk 92 / 122

Top Product FlagFlag (2018): $28.2k, Other Electrical Machinery

Economic Complexity of Flag (2018): ECI -0.046, Rnk 69 / 137

Economic Complexity of Flag (2018): ECI -0.89, Rnk 108 / 137

Kazakhstan-Bolivia: In 2018, Kazakhstan exported $79k to Bolivia. The main products exported from Kazakhstan to Bolivia were Other Iron Products ($70.1k), Iron Pipe Fittings ($7.81k), and Iron Springs ($1.12k). During the last 15 years the exports of Kazakhstan to Bolivia have increased at an annualized rate of 28%, from $1.94k in 2003 to $79k in 2018.

Bolivia-Kazakhstan: In 2018, Bolivia exported $79.9k to Kazakhstan. The main products exported from Bolivia to Kazakhstan were Other Electrical Machinery ($28.2k), Gas and Liquid Flow Measuring Instruments ($21.1k), and Excavation Machinery ($19.1k). During the last 17 years the exports of Bolivia to Kazakhstan have increased at an annualized rate of 11.7%, from $15.2k in 2001 to $79.9k in 2018.

Comparison: In 2018, Kazakhstan ranked 69 in the Economic Complexity Index (ECI -0.046), and 46 in total exports ($64.1B). That same year, Bolivia ranked 108 in the Economic Complexity Index (ECI -0.89), and 90 in total exports ($9.42B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Kazakhstan exported $79k to Bolivia. The main products exported from Kazakhstan to Bolivia were Other Iron Products ($70.1k), Iron Pipe Fittings ($7.81k), and Iron Springs ($1.12k). During the last 15 years the exports of Kazakhstan to Bolivia have increased at an annualized rate of 28%, from $1.94k in 2003 to $79k in 2018.

In 2018, Bolivia exported $79.9k to Kazakhstan. The main products exported from Bolivia to Kazakhstan were Other Electrical Machinery ($28.2k), Gas and Liquid Flow Measuring Instruments ($21.1k), and Excavation Machinery ($19.1k). During the last 17 years the exports of Bolivia to Kazakhstan have increased at an annualized rate of 11.7%, from $15.2k in 2001 to $79.9k in 2018.

Market Competitiveness

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Measure

Kazakhstan
Top Destination
: Italy, $10.3B

Bolivia
Top Destination
: Brazil, $1.72B

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

In 2018, countries that imported more from Kazakhstan than Bolivia were Italy ($10.3B), China ($6.41B), and Netherlands ($6.04B).

In 2018, countries that imported more from Bolivia than Kazakhstan were Brazil ($1.72B), Argentina ($1.45B), and Colombia ($472M).

Comparative Advantage Kazakhstan - Bolivia

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Depth

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

During 2018, Kazakhstan had a large net trade with Bolivia in the exports of Metals ($79k).

During 2018, Bolivia had a large net trade with Kazakhstan in the exports of Machines ($53.6k), Instruments ($24.6k), and Plastics and Rubbers ($1.77k).

Tariff Section

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

In 2018, the products from Kazakhstan that paid the highest import tariffs to enter Bolivia were Meat and edible offal: of geese, not cut in pieces, frozen (80%) and Meat and edible offal: of fowls of the species Gallus domesticus, not cut in pieces, fresh or chilled (26.3%).

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

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*The tariffs present between Kazakhstan and Bolivia are:
133: Kazakhstan Generalized System of Preference
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Kazakhstan and Bolivia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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