2022
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GDP
$1.41TCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$43.1BCURRENT US$
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2012-2022
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GDP GROWTH
59%CURRENT US$
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2022
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GDP PC 
$11,091CURRENT US$
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2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
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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

Mexico-Bolivia In 2022, Mexico exported $189M to Bolivia. The main products that Mexico exported to Bolivia are Delivery Trucks ($13.9M), Refrigerators ($13.3M), and Cars ($12.3M). During the last 27 years the exports of Mexico to Bolivia have increased at an annualized rate of 7.46%, from $27.1M in 1995 to $189M in 2022.

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

Bolivia-Mexico In 2022, Bolivia exported $33.6M to Mexico. The main products that Bolivia exported to Mexico were Other Oily Seeds ($10.1M), Raw Tin ($7.24M), and Hat Forms ($5.13M). During the last 27 years the exports of Bolivia to Mexico have increased at an annualized rate of 9.96%, from $2.58M in 1995 to $33.6M in 2022.

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

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $189M to Bolivia. The main products exported from Mexico to Bolivia were Delivery Trucks ($13.9M), Refrigerators ($13.3M), and Cars ($12.3M). During the last 27 years the exports of Mexico to Bolivia have increased at an annualized rate of 7.46%, from $27.1M in 1995 to $189M in 2022.

In 2022, Bolivia exported $33.6M to Mexico. The main products exported from Bolivia to Mexico were Other Oily Seeds ($10.1M), Raw Tin ($7.24M), and Hat Forms ($5.13M). During the last 27 years the exports of Bolivia to Mexico have increased at an annualized rate of 9.96%, from $2.58M in 1995 to $33.6M in 2022.

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

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

Latest Data

Trade between Mexico (Flag) and Bolivia (Flag)

Mexico Exports

Bolivia Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Mexico than Bolivia were United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2021, countries that imported more from Bolivia than Mexico were Argentina ($1.76B), Russia ($39.8M), and Burma ($18.3M).

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

Comparative Advantage Mexico - Bolivia

Flow
Scale

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

During 2022, Mexico had a large net trade with Bolivia in the exports of Machines ($56.8M), Transportation ($34.3M), and Chemical Products ($30.1M).

During 2022, Bolivia had a large net trade with Mexico in the exports of Vegetable Products ($10.7M), Metals ($7.55M), and Footwear and Headwear ($7.13M).

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

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

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