2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
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 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
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2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
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GDP PC
$3,523CURRENT US$
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2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
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About

Kuwait-Bolivia In 2022, Kuwait exported $340 to Bolivia. The main products that Kuwait exported to Bolivia are Other Electrical Machinery ($340). During the last 24 years the exports of Kuwait to Bolivia have decreased at an annualized rate of 16%, from $22.3k in 1998 to $340 in 2022.

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

Bolivia-Kuwait In 2022, Bolivia exported $871k to Kuwait. The main products that Bolivia exported to Kuwait were Other Nuts ($165k), Other Oily Seeds ($157k), and Soybean Oil ($113k). During the last 24 years the exports of Bolivia to Kuwait have increased at an annualized rate of 32.9%, from $952 in 1998 to $871k in 2022.

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

Comparison In 2022,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B). That same year, Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $340 to Bolivia. The main products exported from Kuwait to Bolivia were Other Electrical Machinery ($340). During the last 24 years the exports of Kuwait to Bolivia have decreased at an annualized rate of 16%, from $22.3k in 1998 to $340 in 2022.

In 2022, Bolivia exported $871k to Kuwait. The main products exported from Bolivia to Kuwait were Other Nuts ($165k), Other Oily Seeds ($157k), and Soybean Oil ($113k). During the last 22 years the exports of Bolivia to Kuwait have increased at an annualized rate of 32.9%, from $952 in 2000 to $871k in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Bolivia (Flag)

Bolivia Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Kuwait than Bolivia were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Bolivia than Kuwait were Argentina ($1.76B), Brazil ($1.89B), and Colombia ($1.06B).

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

Comparative Advantage Kuwait - Bolivia

Flow
Scale

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

During 2022, Kuwait had a large net trade with Bolivia in the exports of Machines ($340).

During 2022, Bolivia had a large net trade with Kuwait in the exports of Vegetable Products ($576k), Foodstuffs ($150k), and Animal and Vegetable Bi-Products ($113k).

Economic Complexity

Competitive Landscape

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

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

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