Niger (NER) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Niger-Bolivia Trade: In 2022, Niger exported $1.49k to Bolivia. The main products that Niger exported to Bolivia were Aircraft Parts ($811), Motor vehicles; parts and accessories (8701 to 8705) ($503), and Electrical Lighting and Signalling Equipment ($105). Over the past 5 years the exports of Niger to Bolivia have decreased at an annualized rate of 17.2%, from $3.82k in 2017 to $1.49k in 2022.

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

Bolivia-Niger Trade: In 2022, Bolivia exported $45 to Niger. The main products that Bolivia exported to Niger were Centrifuges ($45). Over the past 5 years the exports of Bolivia to Niger have decreased at an annualized rate of 10.4%, from $87 in 2017 to $45 in 2022.

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

Comparison: In 2022, Niger ranked 97 in the Economic Complexity Index (ECI -0.71), and 136 in total exports ($3.24B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Niger exported $1.49k to Bolivia. The main products exported from Niger to Bolivia were Aircraft Parts ($811), Motor vehicles; parts and accessories (8701 to 8705) ($503), and Electrical Lighting and Signalling Equipment ($105). During the last 5 years the exports of Niger to Bolivia have decreased at an annualized rate of 17.2%, from $3.82k in 2017 to $1.49k in 2022.

In 2017, Bolivia exported $45 to Niger. The main products exported from Bolivia to Niger were Centrifuges ($45). During the last 5 years the exports of Bolivia to Niger have decreased at an annualized rate of 10.4%, from $87 in 2022 to $45 in 2017.

Exports from Niger () to Bolivia () (2022)

Exports from Bolivia () to Niger () (2022)

Latest Data

Trade between Niger () and Bolivia ()

Bolivia Exports

Date

Nov 2018

May 2011

Oct 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Niger
Top DestinationUnited Arab Emirates$2.23B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Niger than Bolivia included United Arab Emirates ($2.23B), France ($291M), and Nigeria ($91.6M).

In 2022, countries that imported more from Bolivia than Niger included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

Difference in imports from Bolivia () and Niger () (2022)

Comparative Advantage Niger - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Niger had a large net trade with Bolivia in the exports of Transportation ($1.31k) and Machines ($176).

During 2017, Bolivia had a large net trade with Niger in the exports of Machines ($45).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Niger Bolivia+$3.5kRefined Petroleum

Top Product Potential Bolivia Niger+$2.75kPetroleum Gas

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

Year

This visualization shows the product space at the HS4 level with the flags of Niger and Bolivia. This means that a dot/product with the flag of Niger indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Niger.

About

Historical Data

Bilateral Trade by Products

Exports from Niger () to Bolivia () (2022)

Exports from Bolivia () to Niger () (2022)

Latest Data

Trade between Niger () and Bolivia ()

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Niger () (2022)

Comparative Advantage Niger - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Niger () and Bolivia () (2022)

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