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Pricing

2022
Flag → Flag
Exports $175kRnk 90 / 146
2022
Flag → Flag
Top Product $156kCoconuts, Brazil Nuts, and Cashews
2022
Flag → Flag
Exports $732Rnk 122 / 129
2022
Flag → Flag
Top Product $732Excavation Machinery
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 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$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Bolivia-Armenia Trade: In 2022, Bolivia exported $175k to Armenia. The main products that Bolivia exported to Armenia were Coconuts, Brazil Nuts, and Cashews ($156k), Other Oily Seeds ($15.5k), and Sowing Seeds ($1.57k). Over the past 5 years the exports of Bolivia to Armenia have increased at an annualized rate of 93.1%, from $6.51k in 2017 to $175k in 2022.

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

Armenia-Bolivia Trade: In 2022, Armenia exported $732 to Bolivia. The main products that Armenia exported to Bolivia were Excavation Machinery ($732). Over the past 5 years the exports of Armenia to Bolivia have decreased at an annualized rate of 36.3%,  from $7k in 2017 to $732 in 2022.

In 2022, Armenia 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, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Armenia, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Bolivia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Bolivia to Armenia were . In N/A the top imports of Bolivia from Armenia were Lathes for removing metal (other than... ($3.03k), Parts, n.e.s., of the machinery of... ($1.06k), and Other parts and accessories of the... ($149).

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in Bolivia's year-by-year exports to Armenia was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Armenia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

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 Armenia and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Armenia and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $175k to Armenia. The main products exported from Bolivia to Armenia were Coconuts, Brazil Nuts, and Cashews ($156k), Other Oily Seeds ($15.5k), and Sowing Seeds ($1.57k). During the last 5 years the exports of Bolivia to Armenia have increased at an annualized rate of 93.1%, from $6.51k in 2017 to $175k in 2022.

In 2017, Armenia exported $732 to Bolivia. The main products exported from Armenia to Bolivia were Excavation Machinery ($732). During the last 5 years the exports of Armenia to Bolivia have decreased at an annualized rate of 36.3%, from $7k in 2022 to $732 in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Armenia
Top DestinationRussia$2.36B

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

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

In 2022, countries that imported more from Armenia than Bolivia included Russia ($2.36B), Georgia ($260M), and Switzerland ($257M).

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

Comparative Advantage Bolivia - Armenia

Flow
Scale

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

During 2022, Bolivia had a large net trade with Armenia in the exports of Vegetable Products ($174k) and Foodstuffs ($451).

During 2017, Armenia had a large net trade with Bolivia in the exports of Machines ($732).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Armenia+$45.9kCoconuts, Brazil Nuts, and Cashews
Top Product Potential Armenia Bolivia+$2.73kCars

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

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

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