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Pricing

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Flag → Flag
Top Product $1.63MDried Legumes
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Flag → Flag
Exports $1.85MRnk 101 / 172
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Flag → Flag
Top Product $768kOther Rubber Products
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.34Rnk 48 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC $3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH56.8%CURRENT US$
Rnk 34 / 195

About

In N/A, Bolivia did not export any services to Costa Rica.

Costa Rica-Bolivia Trade: In N/A, Costa Rica exported $1.85M to Bolivia. The main products that Costa Rica exported to Bolivia were Other Rubber Products ($768k), Chemical Analysis Instruments ($300k), and Other Iron Products ($153k). Over the past N/A years the exports of Costa Rica to Bolivia have increased at an annualized rate of 3.22%,  from $1.58M in N/A to $1.85M in N/A.

In N/A, Costa Rica did not export any services to Bolivia.

Comparison: In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and N/A in total exports (N/A). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and N/A in total exports (N/A).

Latest Trends

November, 2024

About

Overview In November 2024, Bolivia exported $715k and imported $228k from Costa Rica, resulting in a positive trade balance of $487k. Between November 2023 and November 2024 the exports of Bolivia have increased by $319k (80.5%) from $396k to $715k, while imports decreased by $-121k (-34.6%) from $349k to $228k.

Trade In November 2024, the top exports of Bolivia to Costa Rica were Manufactures of asbestos; friction materials ($34.1k). In November 2024 the top imports of Bolivia from Costa Rica were Hard rubber; articles of hardened rubber... ($60k), Manufactures of mineral materials, n.e.s. (other... ($28.1k), Instruments and appliances used in medical,... ($10.3k), Chemical products and preparations, n.e.s. ($3k), and Glass, n.e.s. ($1.58k).

Origins In November 2024 the exports of Bolivia were mainly from N/A, while imports destinations were mainly N/A.

Growth In November 2024, the increase in Bolivia's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in . In November 2024, the decrease in Bolivia's year-by-year imports  from Costa Rica was explained primarily by an decrease in product imports  in Glass, n.e.s. ($-3.67k or -69.9%) and Electrical apparatus for switching or protecting... ($-458 or -47.8%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$319k(80.5%)
IMPORT GROWTH (November 2023 - November 2024)$-121k(-34.6%)

This section shows exports and imports data at subnational level for Bolivia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Bolivia over time.

To check Costa Rica and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Costa Rica and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

Bolivia does not register exports to Costa Rica. The main products exported from Bolivia to Costa Rica were Dried Legumes ($1.63M), Borax ($723k), and Soybean Oil ($464k).

In 2018, Costa Rica exported $1.85M to Bolivia. The main products exported from Costa Rica to Bolivia were Other Rubber Products ($768k), Chemical Analysis Instruments ($300k), and Other Iron Products ($153k). During the last 5 years the exports of Costa Rica to Bolivia have increased at an annualized rate of 3.22%, from $1.58M in 2023 to $1.85M in 2018.

Exports from Bolivia (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Costa Rica
Top DestinationUnited States$9.5B

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

In 2023, countries that imported more from Bolivia than Costa Rica included Brazil ($1.54B), India ($1.33B), and Argentina ($1.15B).

In 2023, countries that imported more from Costa Rica than Bolivia included United States ($9.5B), Netherlands ($1.52B), and Guatemala ($846M).

Difference in imports from Costa Rica (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Costa Rica

Flow
Scale

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

During 2018, Costa Rica had a large net trade with Bolivia in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Costa Rica+$122kSoybean Oil
Top Product Potential Costa Rica Bolivia+$332kMedical Instruments

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

Product Space of Bolivia (Flag) and Costa Rica (Flag) (2023)

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