Flag Peru / Bolivia Flag

2020
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Exports
: $535M, Rnk 16 / 175

2020
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Top Product
: $74.9M, Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils

2020
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Exports
: $477M, Rnk 4 / 129

2020
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Top Product
: $272M, Oil-cake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil

2020
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Economic Complexity (ECI)
: ECI -0.68, Rnk 89 / 127

2020
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Economic Complexity (ECI)
: ECI -0.99, Rnk 100 / 127

2020
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GDP
: $202B, CURRENT US$
Rnk 50 / 195

2010-2020
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GDP GROWTH
: 36.9%, CURRENT US$
Rnk 82 / 195

2020
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 GDP
: $36.6B, CURRENT US$
Rnk 93 / 195

2010-2020
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GDP GROWTH
: 86.1%, CURRENT US$
Rnk 21 / 195

2020
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GDP PC 
: $6,127, CURRENT US$
Rnk 94 / 195

2010-2020
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GDP PC GROWTH
: 20.6%, CURRENT US$
Rnk 87 / 195

2020
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GDP PC
: $3,133, CURRENT US$
Rnk 134 / 195

2010-2020
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GDP PC GROWTH
: 60.2%, CURRENT US$
Rnk 23 / 195

Peru-Bolivia In 2020, Peru exported $535M to Bolivia. The main products that Peru exported to Bolivia are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils ($74.9M), Iron or non-alloy steel; bars and rods, not further worked than forged, hot-rolled, hot drawn or hot-extruded, but including those twisted after rolling ($62.5M), and Plastics; plates, sheets, film, foil and strip (not self-adhesive); non-cellular and not reinforced, laminated, supported or similarly combined with other materials, n.e.c. in chapter 39 ($29.7M). During the last 25 years the exports of Peru to Bolivia have increased at an annualized rate of 7.86%, from $80.6M in 1995 to $535M in 2020.

In 2020, Peru did not export any services to Bolivia.

Bolivia-Peru In 2020, Bolivia exported $477M to Peru . The main products that Bolivia exported to Peru were Oil-cake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil ($272M), Soya-bean oil and its fractions; whether or not refined, but not chemically modified ($39M), and Flours and meals of oil seeds or oleaginous fruits; other than those of mustard ($24.4M). During the last 25 years the exports of Bolivia to Peru have increased at an annualized rate of 5.06%, from $139M in 1995 to $477M in 2020.

In 2020, Bolivia did not export any services to Peru.

Comparison In 2020,  Peru ranked 89 in the Economic Complexity Index (ECI -0.68), and 53 in total exports ($40.5B). That same year, Bolivia ranked 100 in the Economic Complexity Index (ECI -0.99), and 100 in total exports ($7.02B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Peru exported $535M to Bolivia. The main products exported from Peru to Bolivia were Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils ($74.9M), Iron or non-alloy steel; bars and rods, not further worked than forged, hot-rolled, hot drawn or hot-extruded, but including those twisted after rolling ($62.5M), and Plastics; plates, sheets, film, foil and strip (not self-adhesive); non-cellular and not reinforced, laminated, supported or similarly combined with other materials, n.e.c. in chapter 39 ($29.7M). During the last 25 years the exports of Peru to Bolivia have increased at an annualized rate of 7.86%, from $80.6M in 1995 to $535M in 2020.

In 2020, Bolivia exported $477M to Peru. The main products exported from Bolivia to Peru were Oil-cake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil ($272M), Soya-bean oil and its fractions; whether or not refined, but not chemically modified ($39M), and Flours and meals of oil seeds or oleaginous fruits; other than those of mustard ($24.4M). During the last 25 years the exports of Bolivia to Peru have increased at an annualized rate of 5.06%, from $139M in 1995 to $477M in 2020.

Bolivia Exports

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Market Competitiveness

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Measure

Peru
Top Destination
: China, $11.3B

Bolivia
Top Destination
: Brazil, $1.12B

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 2019, countries that imported more from Peru than Bolivia were China ($11.3B), United States ($6.36B), and South Korea ($2.71B).

In 2019, countries that imported more from Bolivia than Peru were Argentina ($1.03B), Brazil ($1.12B), and Paraguay ($36.5M).

Comparative Advantage Peru - Bolivia

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Flow

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

During 2020, Peru had a large net trade with Bolivia in the exports of Metals ($113M), Chemical Products ($104M), and Mineral Products ($80.6M).

During 2020, Bolivia had a large net trade with Peru in the exports of Foodstuffs ($305M), Vegetable Products ($46.8M), and Animal and Vegetable Bi-Products ($41M).

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 yellow.  This mean that the more blue a dot/product is, the more Peru has comparative advantage over Bolivia. Similarly, the more yellow a dot/product is, the more Bolivia has comparative advantage over Peru.