2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

United States-Bolivia Trade: In 2022, United States exported $544M to Bolivia. The main products that United States exported to Bolivia were Refined Petroleum ($53.6M), Planes, Helicopters, and/or Spacecraft ($33.2M), and Computers ($24.5M). Over the past 5 years the exports of United States to Bolivia have decreased at an annualized rate of 3.71%, from $657M in 2017 to $544M in 2022.

In 2022, United States did not export any services to Bolivia.

Bolivia-United States Trade: In 2022, Bolivia exported $389M to United States. The main products that Bolivia exported to United States were Raw Tin ($171M), Coconuts, Brazil Nuts, and Cashews ($43.2M), and Buckwheat ($20.1M). Over the past 5 years the exports of Bolivia to United States have decreased at an annualized rate of 10.6%,  from $681M in 2017 to $389M in 2022.

In 2022, Bolivia did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

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.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $544M to Bolivia. The main products exported from United States to Bolivia were Refined Petroleum ($53.6M), Planes, Helicopters, and/or Spacecraft ($33.2M), and Computers ($24.5M). During the last 5 years the exports of United States to Bolivia have decreased at an annualized rate of 3.71%, from $657M in 2017 to $544M in 2022.

In 2017, Bolivia exported $389M to United States. The main products exported from Bolivia to United States were Raw Tin ($171M), Coconuts, Brazil Nuts, and Cashews ($43.2M), and Buckwheat ($20.1M). During the last 5 years the exports of Bolivia to United States have decreased at an annualized rate of 10.6%, from $681M in 2022 to $389M in 2017.

Exports from United States (Flag) to Bolivia (Flag) (2022)

Exports from Bolivia (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Bolivia
Top Destination
India$2.27B

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 2022, countries that imported more from United States than Bolivia included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, no countries were registered that imported more from Bolivia than from United States.

Difference in imports from Bolivia (Flag) and United States (Flag) (2022)

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 2022, United States had a large net trade with Bolivia in the exports of Machines ($182M), Chemical Products ($79.1M), and Transportation ($67.6M).

During 2017, Bolivia had a large net trade with United States in the exports of Metals ($174M), Vegetable Products ($73.6M), and Precious Metals ($28.8M).

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) (2022)

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