2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Bolivia-Angola Trade: In 2022, Bolivia exported $1.15M to Angola. The main products that Bolivia exported to Angola were Corn ($338k), Soybean Meal ($258k), and Frozen Bovine Meat ($203k). Over the past 5 years the exports of Bolivia to Angola have increased at an annualized rate of 297%, from $1.17k in 2017 to $1.15M in 2022.

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

Angola-Bolivia Trade: In 2022, Angola exported $66.5k to Bolivia. The main products that Angola exported to Bolivia were N/A. Over the past 5 years the exports of Angola to Bolivia have decreased at an annualized rate of 46.6%,  from $1.53M in 2017 to $66.5k in 2022.

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

Comparison: In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $1.15M to Angola. The main products exported from Bolivia to Angola were Corn ($338k), Soybean Meal ($258k), and Frozen Bovine Meat ($203k). During the last 5 years the exports of Bolivia to Angola have increased at an annualized rate of 297%, from $1.17k in 2017 to $1.15M in 2022.

In 2016, Angola exported $66.5k to Bolivia. There were not main exports from Angola to Bolivia in 2016. During the last 5 years the exports of Angola to Bolivia have decreased at an annualized rate of 46.6%, from $1.53M in 2021 to $66.5k in 2016.

Exports from Bolivia (Flag) to Angola (Flag) (2022)

Exports from Angola (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Bolivia than Angola included Argentina ($1.76B), Brazil ($1.89B), and Colombia ($1.06B).

In 2022, countries that imported more from Angola than Bolivia included China ($21.8B), France ($3.8B), and Netherlands ($3.91B).

Difference in imports from Angola (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - Angola

Flow
Scale

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

During 2022, Bolivia had a large net trade with Angola in the exports of Foodstuffs ($419k), Vegetable Products ($399k), and Animal Products ($240k).

During 2016, Angola had a large net trade with Bolivia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Angola+$231kFrozen Bovine Meat
Top Product Potential Angola Bolivia+$4kRefined Petroleum

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

Product Space of Bolivia (Flag) and Angola (Flag) (2022)

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