2023
Flag  
GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC 
$14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC
$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195

About

Argentina-Bolivia Trade: In 2023, Argentina exported $499M to Bolivia. The main products that Argentina exported to Bolivia were Wheat Flours ($38.7M), Crude Petroleum ($35.3M), and Delivery Trucks ($34.4M). Over the past 5 years the exports of Argentina to Bolivia have decreased at an annualized rate of 8.86%, from $793M in 2018 to $499M in 2023.

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

Bolivia-Argentina Trade: In 2023, Bolivia exported $1.15B to Argentina. The main products that Bolivia exported to Argentina were Petroleum Gas ($809M), Soybeans ($199M), and Bananas ($49.8M). Over the past 5 years the exports of Bolivia to Argentina have decreased at an annualized rate of 3.53%,  from $1.38B in 2018 to $1.15B in 2023.

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

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). 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, Argentina exported $499M to Bolivia. The main products exported from Argentina to Bolivia were Wheat Flours ($38.7M), Crude Petroleum ($35.3M), and Delivery Trucks ($34.4M). During the last 5 years the exports of Argentina to Bolivia have decreased at an annualized rate of 8.86%, from $793M in 2018 to $499M in 2023.

In 2018, Bolivia exported $1.15B to Argentina. The main products exported from Bolivia to Argentina were Petroleum Gas ($809M), Soybeans ($199M), and Bananas ($49.8M). During the last 5 years the exports of Bolivia to Argentina have decreased at an annualized rate of 3.53%, from $1.38B in 2023 to $1.15B in 2018.

Exports from Argentina (Flag) to Bolivia (Flag) (2023)

Exports from Bolivia (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Bolivia (Flag)

Argentina Exports

Bolivia Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.1B
Bolivia
Top Destination
Brazil$1.54B

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

In 2023, countries that imported more from Argentina than Bolivia included Brazil ($12.1B), United States ($6.27B), and Chile ($5.57B).

In 2023, countries that imported more from Bolivia than Argentina included United Arab Emirates ($901M), Hong Kong ($321M), and Finland ($32.5M).

Difference in imports from Bolivia (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Bolivia

Flow
Scale

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

During 2023, Argentina had a large net trade with Bolivia in the exports of Chemical Products ($96M), Vegetable Products ($85.3M), and Foodstuffs ($66.7M).

During 2018, Bolivia had a large net trade with Argentina in the exports of Mineral Products ($836M), Vegetable Products ($251M), and Machines ($29.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Bolivia+$11.2MDelivery Trucks
Top Product Potential Bolivia Argentina+$10.1MNitrogenous Fertilizers

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

Product Space of Argentina (Flag) and Bolivia (Flag) (2023)

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