Pakistan (PAK) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Pakistan-Bolivia Trade: In 2023, Pakistan exported $2.43M to Bolivia. The main products that Pakistan exported to Bolivia were Medical Instruments ($656k), Non-Knit Men's Suits ($416k), and Non-Knit Women's Suits ($226k). Over the past 5 years the exports of Pakistan to Bolivia have increased at an annualized rate of 4.71%, from $1.93M in 2018 to $2.43M in 2023.

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

Bolivia-Pakistan Trade: In 2023, Bolivia exported $6.77k to Pakistan. The main products that Bolivia exported to Pakistan were N/A. Over the past 5 years the exports of Bolivia to Pakistan have decreased at an annualized rate of 41.9%, from $102k in 2018 to $6.77k in 2023.

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

Comparison: In 2023, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Pakistan exported $2.43M to Bolivia. The main products exported from Pakistan to Bolivia were Medical Instruments ($656k), Non-Knit Men's Suits ($416k), and Non-Knit Women's Suits ($226k). During the last 5 years the exports of Pakistan to Bolivia have increased at an annualized rate of 4.71%, from $1.93M in 2018 to $2.43M in 2023.

In 2017, Bolivia exported $6.77k to Pakistan. There were not main exports from Bolivia to Pakistan in 2017. During the last 5 years the exports of Bolivia to Pakistan have decreased at an annualized rate of 41.9%, from $102k in 2022 to $6.77k in 2017.

Exports from Pakistan () to Bolivia () (2023)

Exports from Bolivia () to Pakistan () (2023)

Latest Data

Trade between Pakistan () and Bolivia ()

Pakistan Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$5.18B

Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Pakistan than Bolivia included United States ($5.18B), United Arab Emirates ($3.7B), and Germany ($2.43B).

In 2023, countries that imported more from Bolivia than Pakistan included Brazil ($1.54B), India ($1.33B), and Argentina ($1.15B).

Difference in imports from Bolivia () and Pakistan () (2023)

Comparative Advantage Pakistan - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Pakistan had a large net trade with Bolivia in the exports of Textiles ($1.28M), Instruments ($672k), and Plastics and Rubbers ($154k).

During 2017, Bolivia had a large net trade with Pakistan in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Pakistan Bolivia+$583kMedical Instruments

Top Product Potential Bolivia Pakistan+$9.74kNon-Retail Synthetic Filament Yarn

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

About

Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Bolivia () (2023)

Exports from Bolivia () to Pakistan () (2023)

Latest Data

Trade between Pakistan () and Bolivia ()

Pakistan Exports

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Pakistan () (2023)

Comparative Advantage Pakistan - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Pakistan () and Bolivia () (2023)

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