Poland (POL) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Poland-Bolivia Trade: In 2023, Poland exported $12.3M to Bolivia. The main products that Poland exported to Bolivia were Beauty Products ($2.52M), Large Construction Vehicles ($515k), and Malt Extract ($512k). Over the past 5 years the exports of Poland to Bolivia have decreased at an annualized rate of 3.35%, from $14.5M in 2018 to $12.3M in 2023.

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

Bolivia-Poland Trade: In 2023, Bolivia exported $6.81M to Poland. The main products that Bolivia exported to Poland were Raw Tin ($2.76M), Soybean Meal ($1.57M), and Coconuts, Brazil Nuts, and Cashews ($1.1M). Over the past 5 years the exports of Bolivia to Poland have decreased at an annualized rate of 3.79%, from $8.26M in 2018 to $6.81M in 2023.

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

Comparison: In 2023, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B). 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, Poland exported $12.3M to Bolivia. The main products exported from Poland to Bolivia were Beauty Products ($2.52M), Large Construction Vehicles ($515k), and Malt Extract ($512k). During the last 5 years the exports of Poland to Bolivia have decreased at an annualized rate of 3.35%, from $14.5M in 2018 to $12.3M in 2023.

In 2018, Bolivia exported $6.81M to Poland. The main products exported from Bolivia to Poland were Raw Tin ($2.76M), Soybean Meal ($1.57M), and Coconuts, Brazil Nuts, and Cashews ($1.1M). During the last 5 years the exports of Bolivia to Poland have decreased at an annualized rate of 3.79%, from $8.26M in 2023 to $6.81M in 2018.

Exports from Poland () to Bolivia () (2023)

Exports from Bolivia () to Poland () (2023)

Latest Data

Trade between Poland () and Bolivia ()

Poland Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$84B

Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Poland than Bolivia included Germany ($84B), Czechia ($19.3B), and United Kingdom ($19.4B).

In 2023, countries that imported more from Bolivia than Poland included Argentina ($1.15B), Brazil ($1.54B), and Colombia ($687M).

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

Comparative Advantage Poland - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Poland had a large net trade with Bolivia in the exports of Machines ($4.24M), Chemical Products ($3.6M), and Instruments ($1.24M).

During 2018, Bolivia had a large net trade with Poland in the exports of Metals ($2.84M), Foodstuffs ($1.58M), and Vegetable Products ($1.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Poland Bolivia+$1.03MRubber Tires

Top Product Potential Bolivia Poland+$6.95MSoybean Meal

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

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Historical Data

Bilateral Trade by Products

Exports from Poland () to Bolivia () (2023)

Exports from Bolivia () to Poland () (2023)

Latest Data

Trade between Poland () and Bolivia ()

Poland Exports

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Poland - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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