Bermuda (BMU) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Bermuda-Bolivia Trade: In 2023, Bermuda exported $54 to Bolivia. The main products that Bermuda exported to Bolivia were Other Rubber Products ($54). Over the past 7 years the exports of Bermuda to Bolivia have decreased at an annualized rate of 37.2%, from $1.4k in 2016 to $54 in 2023.

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

Bolivia-Bermuda Trade: In 2023, Bolivia exported $517 to Bermuda. The main products that Bolivia exported to Bermuda were N/A. Over the past 7 years the exports of Bolivia to Bermuda have increased at an annualized rate of 16.9%, from $127 in 2016 to $517 in 2023.

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

Comparison In 2023, Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bermuda exported $54 to Bolivia. The main products exported from Bermuda to Bolivia were Other Rubber Products ($54). During the last 7 years the exports of Bermuda to Bolivia have decreased at an annualized rate of 37.2%, from $1.4k in 2016 to $54 in 2023.

In 2015, Bolivia exported $517 to Bermuda. There were not main exports from Bolivia to Bermuda in 2015. During the last 5 years the exports of Bolivia to Bermuda have increased at an annualized rate of 16.9%, from $127 in 2020 to $517 in 2015.

Exports from Bermuda () to Bolivia () (2023)

Exports from Bolivia () to Bermuda () (2023)

Latest Data

Trade between Bermuda () and Bolivia ()

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationGermany$101M

Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Bermuda than Bolivia included South Africa ($96.3M), Angola ($4.49M), and Zambia ($1.45M).

In 2023, countries that imported more from Bolivia than Bermuda included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

Difference in imports from Bolivia () and Bermuda () (2023)

Comparative Advantage Bermuda - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bermuda had a large net trade with Bolivia in the exports of Plastics and Rubbers ($54).

During 2015, Bolivia had a large net trade with Bermuda in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Bolivia () (2023)

Exports from Bolivia () to Bermuda () (2023)

Latest Data

Trade between Bermuda () and Bolivia ()

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Bermuda () (2023)

Comparative Advantage Bermuda - Bolivia

Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Bolivia () (2023)

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