Flag Singapore / Bolivia Flag

Exports FlagFlag  (2018): $143M, Rnk 67 / 213

Top Product FlagFlag (2018): $136M, Refined Petroleum

Exports FlagFlag (2018): $1.36M, Rnk 53 / 122

Top Product FlagFlag (2018): $543k, Zinc Ore

Economic Complexity of Flag (2018): ECI 1.71, Rnk 6 / 137

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

GDP Flag (2018): $364B, CURRENT US$
Rnk 33 / 196

GDP GROWTH Flag (2008-2018): 88.1%, CURRENT US$
Rnk 43 / 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): $64,582, CURRENT US$
Rnk 9 / 196

GDP PC GROWTH Flag (2008-2018): 61.4%, CURRENT US$
Rnk 37 / 196

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

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

Singapore-Bolivia: In 2018, Singapore exported $143M to Bolivia. The main products exported from Singapore to Bolivia were Refined Petroleum ($136M), Rubber Belting ($731k), and Surveying Equipment ($654k). During the last 23 years the exports of Singapore to Bolivia have increased at an annualized rate of 29.5%, from $374k in 1995 to $143M in 2018.

Bolivia-Singapore: In 2018, Bolivia exported $1.36M to Singapore. The main products exported from Bolivia to Singapore were Zinc Ore ($543k), Coconuts, Brazil Nuts, and Cashews ($160k), and Buckwheat ($132k). During the last 23 years the exports of Bolivia to Singapore have increased at an annualized rate of 36.6%, from $1.05k in 1995 to $1.36M in 2018.

Comparison: In 2018, Singapore ranked 6 in the Economic Complexity Index (ECI 1.71), and 17 in total exports ($323B). 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, Singapore was ranked 9 with a GDP Per Capita of $64,582, 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, Singapore exported $143M to Bolivia. The main products exported from Singapore to Bolivia were Refined Petroleum ($136M), Rubber Belting ($731k), and Surveying Equipment ($654k). During the last 23 years the exports of Singapore to Bolivia have increased at an annualized rate of 29.5%, from $374k in 1995 to $143M in 2018.

In 2018, Bolivia exported $1.36M to Singapore. The main products exported from Bolivia to Singapore were Zinc Ore ($543k), Coconuts, Brazil Nuts, and Cashews ($160k), and Buckwheat ($132k). During the last 23 years the exports of Bolivia to Singapore have increased at an annualized rate of 36.6%, from $1.05k in 1995 to $1.36M in 2018.

Market Competitiveness

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Measure

Singapore
Top Destination
: China, $44.3B

Bolivia
Top Destination
: Brazil, $1.72B

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

In 2018, countries that imported more from Singapore than Bolivia were China ($44.3B), Hong Kong ($41.5B), and Malaysia ($32.3B).

In 2018, countries that imported more from Bolivia than Singapore were Argentina ($1.45B), Brazil ($1.72B), and Peru ($398M).

Comparative Advantage Singapore - Bolivia

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Depth

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

During 2018, Singapore had a large net trade with Bolivia in the exports of Mineral Products ($136M), Machines ($2.26M), and Instruments ($1.86M).

During 2018, Bolivia had a large net trade with Singapore in the exports of Mineral Products ($619k), Vegetable Products ($375k), and Instruments ($197k).

Trade Forecasts

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This section shows a forecast for total trade between Singapore 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 Singapore has comparative advantage over Bolivia. Similarly, the more red a dot/product is, the more Bolivia has comparative advantage over Singapore.