Flag Peru / Bolivia Flag

Exports FlagFlag  (2018): $670M, Rnk 16 / 178

Top Product FlagFlag (2018): $96.1M, Raw Iron Bars

Exports FlagFlag (2018): $398M, Rnk 9 / 122

Top Product FlagFlag (2018): $205M, Soybean Meal

Economic Complexity of Flag (2018): ECI -0.6, Rnk 94 / 137

Economic Complexity of Flag (2018): ECI -0.89, Rnk 108 / 137

GDP Flag (2018): $222B, CURRENT US$
Rnk 49 / 196

GDP GROWTH Flag (2008-2018): 84.2%, CURRENT US$
Rnk 45 / 196

GDP Flag (2018): $40.3B, CURRENT US$
Rnk 95 / 196

GDP GROWTH Flag (2008-2018): 142%, CURRENT US$
Rnk 12 / 196

GDP PC Flag (2018): $6,941, CURRENT US$
Rnk 95 / 196

GDP PC GROWTH Flag (2008-2018): 64.5%, CURRENT US$
Rnk 32 / 196

GDP PC Flag (2018): $3,549, CURRENT US$
Rnk 129 / 196

GDP PC GROWTH Flag (2008-2018): 107%, CURRENT US$
Rnk 13 / 196

Peru-Bolivia: In 2018, Peru exported $670M to Bolivia. The main products exported from Peru to Bolivia were Raw Iron Bars ($96.1M), Refined Petroleum ($87.9M), and Toilet Paper ($35.9M). During the last 23 years the exports of Peru to Bolivia have increased at an annualized rate of 9.74%, from $79M in 1995 to $670M in 2018.

Bolivia-Peru: In 2018, Bolivia exported $398M to Peru. The main products exported from Bolivia to Peru were Soybean Meal ($205M), Petroleum Gas ($43.4M), and Oil Seed Flower ($18.2M). During the last 23 years the exports of Bolivia to Peru have increased at an annualized rate of 4.64%, from $140M in 1995 to $398M in 2018.

Comparison: In 2018, Peru ranked 94 in the Economic Complexity Index (ECI -0.6), and 53 in total exports ($48.5B). That same year, Bolivia ranked 108 in the Economic Complexity Index (ECI -0.89), and 90 in total exports ($9.42B). In terms of GDP Per Capita, Peru was ranked 95 with a GDP Per Capita of $6,941, and Bolivia was ranked 129 with a GDP Per Capita of $3,549.

Bilateral Trade by Products

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Depth
Value

In 2018, Peru exported $670M to Bolivia. The main products exported from Peru to Bolivia were Raw Iron Bars ($96.1M), Refined Petroleum ($87.9M), and Toilet Paper ($35.9M). During the last 23 years the exports of Peru to Bolivia have increased at an annualized rate of 9.74%, from $79M in 1995 to $670M in 2018.

In 2018, Bolivia exported $398M to Peru. The main products exported from Bolivia to Peru were Soybean Meal ($205M), Petroleum Gas ($43.4M), and Oil Seed Flower ($18.2M). During the last 23 years the exports of Bolivia to Peru have increased at an annualized rate of 4.64%, from $140M in 1995 to $398M in 2018.

Market Competitiveness

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Measure

Peru
Top Destination
: China, $13.3B

Bolivia
Top Destination
: Brazil, $1.72B

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

In 2018, countries that imported more from Peru than Bolivia were China ($13.3B), United States ($8.02B), and Switzerland ($2.14B).

In 2018, countries that imported more from Bolivia than Peru were Argentina ($1.45B), Paraguay ($55.9M), and Saint Lucia ($35.2M).

Comparative Advantage Peru - Bolivia

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Depth

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

During 2018, Peru had a large net trade with Bolivia in the exports of Metals ($167M), Mineral Products ($120M), and Chemical Products ($101M).

During 2018, Bolivia had a large net trade with Peru in the exports of Foodstuffs ($234M), Mineral Products ($52.5M), and Vegetable Products ($42.7M).

Trade Forecasts

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This section shows a forecast for total trade between Peru and Bolivia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Peru has comparative advantage over Bolivia. Similarly, the more red a dot/product is, the more Bolivia has comparative advantage over Peru.