2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 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
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186

About

Bolivia-Benin Trade: In 2021, Bolivia exported $8.9k to Benin. The main products that Bolivia exported to Benin were N/A. Over the past 9 years the exports of Bolivia to Benin have decreased at an annualized rate of 19.7%, from $64.5k in 2012 to $8.9k in 2021.

In 2021, Bolivia did not export any services to Benin.

Benin-Bolivia Trade: In 2021, Benin exported $35 to Bolivia. The main products that Benin exported to Bolivia were Industrial Printers ($35). Over the past 9 years the exports of Benin to Bolivia have decreased at an annualized rate of 58.3%,  from $2.78k in 2012 to $35 in 2021.

In 2021, Benin 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, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bolivia exported $8.9k to Benin. There were not main exports from Bolivia to Benin in 2021. During the last 9 years the exports of Bolivia to Benin have decreased at an annualized rate of 19.7%, from $64.5k in 2012 to $8.9k in 2021.

In 2017, Benin exported $35 to Bolivia. The main products exported from Benin to Bolivia were Industrial Printers ($35). During the last 5 years the exports of Benin to Bolivia have decreased at an annualized rate of 58.3%, from $2.78k in 2022 to $35 in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Benin
Top Destination
India$448M

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

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

In 2022, countries that imported more from Benin than Bolivia included Bangladesh ($406M), Egypt ($41.7M), and Togo ($35.9M).

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

Comparative Advantage Bolivia - Benin

Flow
Scale

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

During 2021, Bolivia had a large net trade with Benin in the exports of .

During 2017, Benin had a large net trade with Bolivia in the exports of Machines ($35).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Benin+$2.25kPetroleum Gas
Top Product Potential Benin Bolivia+$2.73kRefined 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 Benin. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Bolivia.

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

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