2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
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GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC 
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Kazakhstan-Bolivia Trade: In 2022, Kazakhstan exported $54.4k to Bolivia. The main products that Kazakhstan exported to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($46.8k), Ferroalloys ($4.85k), and Ball Bearings ($2.69k). Over the past 5 years the exports of Kazakhstan to Bolivia have decreased at an annualized rate of 14.3%, from $118k in 2017 to $54.4k in 2022.

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

Bolivia-Kazakhstan Trade: In 2022, Bolivia exported $4.8M to Kazakhstan. The main products that Bolivia exported to Kazakhstan were Precious Metal Ore ($2.76M), Raw Tin ($1.16M), and Copper Ore ($449k). Over the past 5 years the exports of Bolivia to Kazakhstan have increased at an annualized rate of 51%,  from $611k in 2017 to $4.8M in 2022.

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

Comparison: In 2022,  Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). 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, Kazakhstan exported $54.4k to Bolivia. The main products exported from Kazakhstan to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($46.8k), Ferroalloys ($4.85k), and Ball Bearings ($2.69k). During the last 5 years the exports of Kazakhstan to Bolivia have decreased at an annualized rate of 14.3%, from $118k in 2017 to $54.4k in 2022.

In 2017, Bolivia exported $4.8M to Kazakhstan. The main products exported from Bolivia to Kazakhstan were Precious Metal Ore ($2.76M), Raw Tin ($1.16M), and Copper Ore ($449k). During the last 5 years the exports of Bolivia to Kazakhstan have increased at an annualized rate of 51%, from $611k in 2022 to $4.8M in 2017.

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

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

Latest Data

Trade between Kazakhstan (Flag) and Bolivia (Flag)

Kazakhstan Exports

Bolivia Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Bolivia
Top Destination
India$2.27B

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 2022, countries that imported more from Kazakhstan than Bolivia included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

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

Comparative Advantage Kazakhstan - Bolivia

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Bolivia in the exports of Transportation ($46.8k), Metals ($4.85k), and Machines ($2.75k).

During 2017, Bolivia had a large net trade with Kazakhstan in the exports of Mineral Products ($3.21M), Metals ($1.16M), and Vegetable Products ($277k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Bolivia+$73.1kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Bolivia Kazakhstan+$1.6MPrecious Metal Ore

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

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

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