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2023
Flag → Flag
Exports $901MRnk 5 / 136
2023
Flag → Flag
Top Product $896MGold
2023
Flag → Flag
Exports $12.8MRnk 161 / 216
2023
Flag → Flag
Top Product $4.09MEthylene Polymers
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
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Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
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GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
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 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
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GDP PC $3,686CURRENT US$
Rnk 135 / 195
2013-2023
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GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC$49,041CURRENT US$
Rnk 27 / 196
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

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.

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.

Comparison: In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $36M and imported $1.08M from United Arab Emirates, resulting in a positive trade balance of $34.9M. Between December 2022 and December 2023 the exports of Bolivia have decreased by $-107M (-74.9%) from $143M to $36M, while imports decreased by $-893k (-45.2%) from $1.98M to $1.08M.

Trade In December 2023, the top exports of Bolivia to United Arab Emirates were Gold, non-monetary (excluding gold ores and... ($144M) and Leguminous vegetables, dried, shelled, whether or... ($42.3k). In December 2023 the top imports of Bolivia from United Arab Emirates were Kerosene and other medium oils (not... ($25.6k), Structures (excluding prefabricated buildings of group... ($10.1k), Other parts and accessories of the... ($5.3k), Tools for working in the hand,... ($2.62k), and Screws, bolts, nuts, coach screws, screw... ($194).

Origins In December 2023 the exports of Bolivia were mainly from La Paz ($28.6M), Cochabamba ($7.2M), Beni ($98.6k), and Potosí ($88.3k), while imports destinations were mainly Oruro ($862k), La Paz ($146k), Santa Cruz ($73.6k), and Cochabamba ($1.04k).

Growth In December 2023, the decrease in Bolivia's year-by-year exports to United Arab Emirates was explained primarily by an decrease in product exports in . In December 2023, the decrease in Bolivia's year-by-year imports  from United Arab Emirates was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2022 - December 2023)$-107M(-74.9%)
IMPORT GROWTH (December 2022 - December 2023)$-893k(-45.2%)
MAIN EXPORTER (December 2023)La Paz$28.6M

This section shows exports and imports data at subnational level for Bolivia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Bolivia over time.

To check United Arab Emirates and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $901M in 2023.

In 2018, 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 2023 to $12.8M in 2018.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Bolivia - United Arab Emirates

Flow
Scale

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

During 2023, 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).

During 2018, 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).

Potential Exports

Potential Exports

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

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

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

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