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2023
Flag → Flag
Exports $766MRnk 92 / 220
2023
Flag → Flag
Top Product $259MRefined Petroleum
2023
Flag → Flag
Exports $277MRnk 10 / 136
2023
Flag → Flag
Top Product $59.1MRaw Tin
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

United States-Bolivia Trade: In 2023, United States exported $766M to Bolivia. The main products that United States exported to Bolivia were Refined Petroleum ($259M), Planes, Helicopters, and/or Spacecraft ($43.8M), and Cars ($39.9M). Over the past 5 years the exports of United States to Bolivia have increased at an annualized rate of 3.1%, from $657M in 2018 to $766M in 2023.

In 2023, United States did not export any services to Bolivia.

Bolivia-United States Trade: In 2023, Bolivia exported $277M to United States. The main products that Bolivia exported to United States were Raw Tin ($59.1M), Buckwheat ($24.2M), and Coconuts, Brazil Nuts, and Cashews ($22.3M). Over the past 5 years the exports of Bolivia to United States have decreased at an annualized rate of 12.7%,  from $547M in 2018 to $277M in 2023.

In 2023, Bolivia did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Bolivia to the United States. Conversely, were notable for importing products to Bolivia from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $60.1M and imported $45.8M from Bolivia, resulting in a positive trade balance of $14.3M. Between November 2023 and November 2024 the exports of United States have increased by $21.9M (57.2%) from $38.2M to $60.1M, while imports increased by $8.56M (23%) from $37.2M to $45.8M.

Trade In November 2024, the top exports of United States to Bolivia were Aircraft parts (gliders, balloons, and powered... ($4.21M), Telephones ($2.18M), Antiknock ($1.62M), Sorghum ($1.48M), and Ethylene Polymers ($1.27M). In November 2024 the top imports of United States from Bolivia were Raw Tin ($14M), Tungsten Ore ($1.97M), Buckwheat ($1.47M), Inorganic Salts ($991k), and Jewellery ($833k).

Origins In November 2024 the exports of United States were mainly from Texas ($35.3M), Florida ($9.94M), Illinois ($3.28M), California ($2.86M), and Wisconsin ($859k), while imports destinations were mainly Maryland ($13.6M), Texas ($8.54M), California ($4.66M), Virginia ($3.23M), and New Jersey ($3.11M).

Growth In November 2024, the increase in United States's year-by-year exports to Bolivia was explained primarily by an increase in product exports in Aircraft parts (gliders, balloons, and powered... ($2.75M or 188%), Antiknock ($792k or 95.9%), and Cars ($637k or 321%). In November 2024, the increase in United States's year-by-year imports  from Bolivia was explained primarily by an increase in product imports  in Tungsten Ore ($908k or 85.8%), Other Inedible Animal Products ($344k or 136%), and Hat Forms ($188k or 82%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$21.9M(57.2%)
IMPORT GROWTH (November 2023 - November 2024)$8.56M(23%)
MAIN EXPORTER (November 2024)Texas$35.3M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Bolivia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bolivia and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $766M to Bolivia. The main products exported from United States to Bolivia were Refined Petroleum ($259M), Planes, Helicopters, and/or Spacecraft ($43.8M), and Cars ($39.9M). During the last 5 years the exports of United States to Bolivia have increased at an annualized rate of 3.1%, from $657M in 2018 to $766M in 2023.

In 2018, Bolivia exported $277M to United States. The main products exported from Bolivia to United States were Raw Tin ($59.1M), Buckwheat ($24.2M), and Coconuts, Brazil Nuts, and Cashews ($22.3M). During the last 5 years the exports of Bolivia to United States have decreased at an annualized rate of 12.7%, from $547M in 2023 to $277M in 2018.

Exports from United States (Flag) to Bolivia (Flag) (2023)

Exports from Bolivia (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from United States than Bolivia included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Bolivia than from United States.

Difference in imports from Bolivia (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Bolivia

Flow
Scale

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

During 2023, United States had a large net trade with Bolivia in the exports of Mineral Products ($262M), Machines ($159M), and Transportation ($107M).

During 2018, Bolivia had a large net trade with United States in the exports of Metals ($63.7M), Vegetable Products ($58.2M), and Precious Metals ($31.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Bolivia+$84.1MRefined Petroleum
Top Product Potential Bolivia United States+$25.9MGold

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

This visualization shows the product space at the HS4 level with the flags of United States and Bolivia. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Bolivia (Flag) (2023)

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