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2022
Flag → Flag
Exports $514MRnk 9 / 146
2022
Flag → Flag
Top Product $499MGold
2022
Flag → Flag
Exports $12.9MRnk 164 / 219
2022
Flag → Flag
Top Product $3.06MEthylene Polymers
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC $3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Bolivia-United Arab Emirates Trade: In 2022, Bolivia exported $514M to United Arab Emirates. The main products that Bolivia exported to United Arab Emirates were Gold ($499M), Soybean Meal ($7.28M), and Barley ($5.04M). Over the past 5 years the exports of Bolivia to United Arab Emirates have increased at an annualized rate of 6.81%, from $370M in 2017 to $514M in 2022.

In 2022, Bolivia did not export any services to United Arab Emirates.

United Arab Emirates-Bolivia Trade: In 2022, United Arab Emirates exported $12.9M to Bolivia. The main products that United Arab Emirates exported to Bolivia were Ethylene Polymers ($3.06M), Float Glass ($1.99M), and Thermostats ($1.88M). Over the past 5 years the exports of United Arab Emirates to Bolivia have increased at an annualized rate of 10.4%,  from $7.86M in 2017 to $12.9M in 2022.

In 2022, United Arab Emirates 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, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

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 2022, Bolivia exported $514M to United Arab Emirates. The main products exported from Bolivia to United Arab Emirates were Gold ($499M), Soybean Meal ($7.28M), and Barley ($5.04M). During the last 5 years the exports of Bolivia to United Arab Emirates have increased at an annualized rate of 6.81%, from $370M in 2017 to $514M in 2022.

In 2017, United Arab Emirates exported $12.9M to Bolivia. The main products exported from United Arab Emirates to Bolivia were Ethylene Polymers ($3.06M), Float Glass ($1.99M), and Thermostats ($1.88M). During the last 5 years the exports of United Arab Emirates to Bolivia have increased at an annualized rate of 10.4%, from $7.86M in 2022 to $12.9M in 2017.

Exports from Bolivia (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
United Arab Emirates
Top DestinationIndia$51B

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 2022, countries that imported more from Bolivia than United Arab Emirates included Colombia ($1.06B), Argentina ($1.76B), and Peru ($885M).

In 2022, countries that imported more from United Arab Emirates than Bolivia included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Bolivia (Flag) (2022)

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 2022, Bolivia had a large net trade with United Arab Emirates in the exports of Precious Metals ($499M), Foodstuffs ($7.41M), and Vegetable Products ($6.68M).

During 2017, United Arab Emirates had a large net trade with Bolivia in the exports of Plastics and Rubbers ($3.85M), Machines ($2.75M), and Instruments ($2.38M).

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) (2022)

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