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Pricing

2023
Flag → Flag
Exports $12.8MRnk 161 / 216
2023
Flag → Flag
Top Product $4.09MEthylene Polymers
2023
Flag → Flag
Exports $901MRnk 5 / 136
2023
Flag → Flag
Top Product $896MGold
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 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 $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 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 Arab Emirates-Bolivia Trade: In 2023, United Arab Emirates exported $12.8M to Bolivia. The main products that United Arab Emirates exported to Bolivia were Ethylene Polymers ($4.09M), Petroleum Coke ($1.86M), and Sulphur ($1.81M). Over the past 5 years the exports of United Arab Emirates to Bolivia have increased at an annualized rate of 12.6%, from $7.05M in 2018 to $12.8M in 2023.

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

Bolivia-United Arab Emirates Trade: In 2023, Bolivia exported $901M to United Arab Emirates. The main products that Bolivia exported to United Arab Emirates were Gold ($896M), Boron ($2.5M), and Dried Legumes ($947k). Over the past 5 years the exports of Bolivia to United Arab Emirates have increased at an annualized rate of 19.4%,  from $372M in 2018 to $901M in 2023.

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

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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
Value

In 2023, United Arab Emirates exported $12.8M to Bolivia. The main products exported from United Arab Emirates to Bolivia were Ethylene Polymers ($4.09M), Petroleum Coke ($1.86M), and Sulphur ($1.81M). During the last 5 years the exports of United Arab Emirates to Bolivia have increased at an annualized rate of 12.6%, from $7.05M in 2018 to $12.8M in 2023.

In 2018, Bolivia exported $901M to United Arab Emirates. The main products exported from Bolivia to United Arab Emirates were Gold ($896M), Boron ($2.5M), and Dried Legumes ($947k). During the last 5 years the exports of Bolivia to United Arab Emirates have increased at an annualized rate of 19.4%, from $372M in 2023 to $901M in 2018.

Exports from United Arab Emirates (Flag) to Bolivia (Flag) (2023)

Exports from Bolivia (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Bolivia (Flag)

United Arab Emirates Exports

Bolivia Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from United Arab Emirates than Bolivia included China ($40.2B), Japan ($37.4B), and India ($38.2B).

In 2023, countries that imported more from Bolivia than United Arab Emirates included Argentina ($1.15B), Colombia ($687M), and Peru ($622M).

Difference in imports from Bolivia (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Bolivia

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Bolivia in the exports of Plastics and Rubbers ($4.57M), Mineral Products ($3.82M), and Machines ($1.81M).

During 2018, Bolivia had a large net trade with United Arab Emirates in the exports of Precious Metals ($896M), Chemical Products ($2.5M), and Vegetable Products ($1.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Bolivia+$1.11MEthylene Polymers
Top Product Potential Bolivia United Arab Emirates+$1.79MSoybean 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

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Bolivia. This means that a dot/product with the flag of United Arab Emirates 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 Arab Emirates.

Product Space of United Arab Emirates (Flag) and Bolivia (Flag) (2023)

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