2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC 
$3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC
$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH
25.4%CURRENT US$
Rnk 86 / 195

About

Bolivia-Belize Trade: In 2023, Bolivia exported $6.39k to Belize. The main products that Bolivia exported to Belize were House Linens ($1.48k), Knit Socks and Hosiery ($832), and Non-Knit Women's Undergarments ($720). Over the past 5 years the exports of Bolivia to Belize have decreased at an annualized rate of 13.3%, from $13k in 2018 to $6.39k in 2023.

In 2023, Bolivia did not export any services to Belize.

Belize-Bolivia Trade: In 2023, Belize exported $2.15k to Bolivia. The main products that Belize exported to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($2.02k), Wallpaper ($62), and Revenue Stamps ($49). Over the past 5 years the exports of Belize to Bolivia have increased at an annualized rate of 21.4%,  from $554 in 2018 to $2.15k in 2023.

In 2023, Belize 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, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $6.39k to Belize. The main products exported from Bolivia to Belize were House Linens ($1.48k), Knit Socks and Hosiery ($832), and Non-Knit Women's Undergarments ($720). During the last 5 years the exports of Bolivia to Belize have decreased at an annualized rate of 13.3%, from $13k in 2018 to $6.39k in 2023.

In 2018, Belize exported $2.15k to Bolivia. The main products exported from Belize to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($2.02k), Wallpaper ($62), and Revenue Stamps ($49). During the last 5 years the exports of Belize to Bolivia have increased at an annualized rate of 21.4%, from $554 in 2023 to $2.15k in 2018.

Exports from Bolivia (Flag) to Belize (Flag) (2023)

Exports from Belize (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Belize
Top Destination
United States$86.2M

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

In 2023, countries that imported more from Bolivia than Belize included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

In 2023, countries that imported more from Belize than Bolivia included Guatemala ($27.6M), Trinidad and Tobago ($15.5M), and Portugal ($18.5M).

Difference in imports from Belize (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Belize

Flow
Scale

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

During 2023, Bolivia had a large net trade with Belize in the exports of Textiles ($3.7k), Footwear and Headwear ($1.13k), and Chemical Products ($588).

During 2018, Belize had a large net trade with Bolivia in the exports of Transportation ($2.02k), Paper Goods ($62), and Arts and Antiques ($49).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bolivia and Belize. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Belize. Similarly, a dot/product with the flag of Belize indicates it has a comparative advantage over Bolivia.

Product Space of Bolivia (Flag) and Belize (Flag) (2023)

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