2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$58.1BCURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP GROWTH
98.1%CURRENT US$
Rnk 15 / 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
$586CURRENT US$
Rnk 179 / 186
2012-2022
Flag
GDP PC GROWTH
42.1%CURRENT US$
Rnk 45 / 186

About

Bolivia-Democratic Republic of the Congo Trade: In 2022, Bolivia exported $37k to Democratic Republic of the Congo. The main products that Bolivia exported to Democratic Republic of the Congo were Soybean Meal ($37k). Over the past 7 years the exports of Bolivia to Democratic Republic of the Congo have increased at an annualized rate of 10.1%, from $18.8k in 2015 to $37k in 2022.

In 2022, Bolivia did not export any services to Democratic Republic of the Congo.

Democratic Republic of the Congo-Bolivia Trade: In 2022, Democratic Republic of the Congo exported $248 to Bolivia. The main products that Democratic Republic of the Congo exported to Bolivia were N/A. Over the past 7 years the exports of Democratic Republic of the Congo to Bolivia have decreased at an annualized rate of 62.3%,  from $32.4k in 2015 to $248 in 2022.

In 2022, Democratic Republic of the Congo 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, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.81), and 71 in total exports ($28.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $37k to Democratic Republic of the Congo. The main products exported from Bolivia to Democratic Republic of the Congo were Soybean Meal ($37k). During the last 7 years the exports of Bolivia to Democratic Republic of the Congo have increased at an annualized rate of 10.1%, from $18.8k in 2015 to $37k in 2022.

In 2016, Democratic Republic of the Congo exported $248 to Bolivia. There were not main exports from Democratic Republic of the Congo to Bolivia in 2016. During the last 5 years the exports of Democratic Republic of the Congo to Bolivia have decreased at an annualized rate of 62.3%, from $32.4k in 2021 to $248 in 2016.

Exports from Bolivia (Flag) to Democratic Republic of the Congo (Flag) (2022)

Exports from Democratic Republic of the Congo (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B

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

In 2022, countries that imported more from Bolivia than Democratic Republic of the Congo included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

In 2022, countries that imported more from Democratic Republic of the Congo than Bolivia included China ($15.6B), Singapore ($1.36B), and Tanzania ($1.17B).

Difference in imports from Democratic Republic of the Congo (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - Democratic Republic of the Congo

Flow
Scale

This chart compares trade between Bolivia and Democratic Republic of the Congo by product, considering products traded by both, Bolivia and Democratic Republic of the Congo.

During 2022, Bolivia had a large net trade with Democratic Republic of the Congo in the exports of Foodstuffs ($37k).

During 2016, Democratic Republic of the Congo had a large net trade with Bolivia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Democratic Republic of the Congo+$45kSoybean Meal
Top Product Potential Democratic Republic of the Congo Bolivia+$2.86kRefined 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 Democratic Republic of the Congo. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Democratic Republic of the Congo. Similarly, a dot/product with the flag of Democratic Republic of the Congo indicates it has a comparative advantage over Bolivia.

Product Space of Bolivia (Flag) and Democratic Republic of the Congo (Flag) (2022)

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