2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 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
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Bolivia-Republic of the Congo Trade: In 2022, Bolivia exported $387k to Republic of the Congo. The main products that Bolivia exported to Republic of the Congo were Edible Offal ($387k). Over the past 6 years the exports of Bolivia to Republic of the Congo have increased at an annualized rate of 140%, from $2.04k in 2016 to $387k in 2022.

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

Republic of the Congo-Bolivia Trade: In 2022, Republic of the Congo exported $2.47k to Bolivia. The main products that Republic of the Congo exported to Bolivia were Vegetable Alkaloids ($2.43k), Non-Knit Women's Suits ($27), and Non-Knit Women's Undergarments ($7). Over the past 6 years the exports of Republic of the Congo to Bolivia have decreased at an annualized rate of 22.3%,  from $11.2k in 2016 to $2.47k in 2022.

In 2022, 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $387k to Republic of the Congo. The main products exported from Bolivia to Republic of the Congo were Edible Offal ($387k). During the last 6 years the exports of Bolivia to Republic of the Congo have increased at an annualized rate of 140%, from $2.04k in 2016 to $387k in 2022.

In 2017, Republic of the Congo exported $2.47k to Bolivia. The main products exported from Republic of the Congo to Bolivia were Vegetable Alkaloids ($2.43k), Non-Knit Women's Suits ($27), and Non-Knit Women's Undergarments ($7). During the last 5 years the exports of Republic of the Congo to Bolivia have decreased at an annualized rate of 22.3%, from $11.2k in 2022 to $2.47k in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Republic of the Congo
Top Destination
China$4.82B

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

In 2022, countries that imported more from Bolivia than Republic of the Congo included Argentina ($1.76B), Brazil ($1.89B), and Colombia ($1.06B).

In 2022, countries that imported more from Republic of the Congo than Bolivia included China ($4.82B), United Arab Emirates ($1.87B), and Vietnam ($537M).

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

Comparative Advantage Bolivia - Republic of the Congo

Flow
Scale

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

During 2022, Bolivia had a large net trade with Republic of the Congo in the exports of Animal Products ($387k).

During 2017, Republic of the Congo had a large net trade with Bolivia in the exports of Chemical Products ($2.43k) and Textiles ($34).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Republic of the Congo+$37.2kEdible Offal
Top Product Potential Republic of the Congo Bolivia+$2.57kRefined 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 Republic of the Congo. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Bolivia.

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

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