2023
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GDP
$45.1BCURRENT US$
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2013-2023
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GDP GROWTH
47.2%CURRENT US$
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2023
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 GDP
$17.8TCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
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2023
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GDP PC 
$3,686CURRENT US$
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2013-2023
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GDP PC GROWTH
28.4%CURRENT US$
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2023
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GDP PC
$12,614CURRENT US$
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2013-2023
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GDP PC GROWTH
79.7%CURRENT US$
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About

Bolivia-China Trade: In 2023, Bolivia exported $1.21B to China. The main products that Bolivia exported to China were Precious Metal Ore ($494M), Zinc Ore ($307M), and Lead Ore ($127M). Over the past 5 years the exports of Bolivia to China have increased at an annualized rate of 20.7%, from $473M in 2018 to $1.21B in 2023.

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

China-Bolivia Trade: In 2023, China exported $2.33B to Bolivia. The main products that China exported to Bolivia were Pesticides ($140M), Rubber Tires ($121M), and Cars ($89.8M). Over the past 5 years the exports of China to Bolivia have increased at an annualized rate of 2.26%,  from $2.08B in 2018 to $2.33B in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $1.21B to China. The main products exported from Bolivia to China were Precious Metal Ore ($494M), Zinc Ore ($307M), and Lead Ore ($127M). During the last 5 years the exports of Bolivia to China have increased at an annualized rate of 20.7%, from $473M in 2018 to $1.21B in 2023.

In 2018, China exported $2.33B to Bolivia. The main products exported from China to Bolivia were Pesticides ($140M), Rubber Tires ($121M), and Cars ($89.8M). During the last 5 years the exports of China to Bolivia have increased at an annualized rate of 2.26%, from $2.08B in 2023 to $2.33B in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
China
Top Destination
United States$436B

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

In 2023, no countries were registered that imported more from Bolivia than from China.

In 2023, countries that imported more from China than Bolivia included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Bolivia - China

Flow
Scale

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

During 2023, Bolivia had a large net trade with China in the exports of Mineral Products ($988M), Animal Products ($118M), and Wood Products ($56.3M).

During 2018, China had a large net trade with Bolivia in the exports of Machines ($619M), Metals ($370M), and Transportation ($314M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia China+$76.2MZinc Ore
Top Product Potential China Bolivia+$37.7MTelephones

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

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

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