2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195

About

Netherlands-Bolivia Trade: In 2023, Netherlands exported $124M to Bolivia. The main products that Netherlands exported to Bolivia were Refined Petroleum ($87.3M), Large Construction Vehicles ($3.41M), and Dextrins ($3.25M). Over the past 5 years the exports of Netherlands to Bolivia have increased at an annualized rate of 4.29%, from $100M in 2018 to $124M in 2023.

In 2023, Netherlands did not export any services to Bolivia.

Bolivia-Netherlands Trade: In 2023, Bolivia exported $220M to Netherlands. The main products that Bolivia exported to Netherlands were Raw Tin ($152M), Coconuts, Brazil Nuts, and Cashews ($35M), and Crude Petroleum ($10.8M). Over the past 5 years the exports of Bolivia to Netherlands have decreased at an annualized rate of 1.26%,  from $235M in 2018 to $220M in 2023.

In 2023, Bolivia did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $124M to Bolivia. The main products exported from Netherlands to Bolivia were Refined Petroleum ($87.3M), Large Construction Vehicles ($3.41M), and Dextrins ($3.25M). During the last 5 years the exports of Netherlands to Bolivia have increased at an annualized rate of 4.29%, from $100M in 2018 to $124M in 2023.

In 2018, Bolivia exported $220M to Netherlands. The main products exported from Bolivia to Netherlands were Raw Tin ($152M), Coconuts, Brazil Nuts, and Cashews ($35M), and Crude Petroleum ($10.8M). During the last 5 years the exports of Bolivia to Netherlands have decreased at an annualized rate of 1.26%, from $235M in 2023 to $220M in 2018.

Exports from Netherlands (Flag) to Bolivia (Flag) (2023)

Exports from Bolivia (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Bolivia
Top Destination
Brazil$1.54B

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

In 2023, countries that imported more from Netherlands than Bolivia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Bolivia than Netherlands included Peru ($622M), Argentina ($1.15B), and Colombia ($687M).

Difference in imports from Bolivia (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Bolivia

Flow
Scale

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

During 2023, Netherlands had a large net trade with Bolivia in the exports of Mineral Products ($87.4M), Machines ($11M), and Chemical Products ($8.88M).

During 2018, Bolivia had a large net trade with Netherlands in the exports of Metals ($153M), Vegetable Products ($42.1M), and Mineral Products ($14.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Bolivia+$31.4MRefined Petroleum
Top Product Potential Bolivia Netherlands+$1.03MLead 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 Netherlands and Bolivia. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Bolivia (Flag) (2023)

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