Belize (BLZ) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Belize-Bolivia Trade: In 2022, Belize exported $13.6k to Bolivia. The main products that Belize exported to Bolivia were Computers ($12.5k), Transmissions ($618), and Motor vehicles; parts and accessories (8701 to 8705) ($336). Over the past 5 years the exports of Belize to Bolivia have increased at an annualized rate of 162%, from $109 in 2017 to $13.6k in 2022.

In 2022, Belize did not export any services to Bolivia.

Bolivia-Belize Trade: In 2022, Bolivia exported $54.6k to Belize. The main products that Bolivia exported to Belize were Corn ($51.9k), House Linens ($360), and Polyamide Fabric ($320). Over the past 5 years the exports of Bolivia to Belize have increased at an annualized rate of 19.3%, from $22.6k in 2017 to $54.6k in 2022.

In 2022, Bolivia did not export any services to Belize.

Comparison In 2022, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index. That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $13.6k to Bolivia. The main products exported from Belize to Bolivia were Computers ($12.5k), Transmissions ($618), and Motor vehicles; parts and accessories (8701 to 8705) ($336). During the last 5 years the exports of Belize to Bolivia have increased at an annualized rate of 162%, from $109 in 2017 to $13.6k in 2022.

In 2017, Bolivia exported $54.6k to Belize. The main products exported from Bolivia to Belize were Corn ($51.9k), House Linens ($360), and Polyamide Fabric ($320). During the last 5 years the exports of Bolivia to Belize have increased at an annualized rate of 19.3%, from $22.6k in 2022 to $54.6k in 2017.

Exports from Belize () to Bolivia () (2022)

Exports from Bolivia () to Belize () (2022)

Latest Data

Trade between Belize () and Bolivia ()

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Belize than Bolivia included Guatemala ($39.2M), Honduras ($19.9M), and Hungary ($18.3M).

In 2022, countries that imported more from Bolivia than Belize included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

Difference in imports from Bolivia () and Belize () (2022)

Comparative Advantage Belize - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Bolivia in the exports of Machines ($13.2k), Transportation ($336), and Instruments ($82).

During 2017, Bolivia had a large net trade with Belize in the exports of Vegetable Products ($51.9k), Textiles ($880), and Machines ($715).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Belize () to Bolivia () (2022)

Exports from Bolivia () to Belize () (2022)

Latest Data

Trade between Belize () and Bolivia ()

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Belize () (2022)

Comparative Advantage Belize - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belize () and Bolivia () (2022)

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