Bolivia (BOL) and Costa Rica (CRI) Trade | The Observatory of Economic Complexity

About

Bolivia-Costa Rica In 2022, Bolivia exported $4.22M to Costa Rica. The main products that Bolivia exported to Costa Rica are Seed Oils ($1.71M), Dried Legumes ($1.54M), and Borax ($311k). During the last 27 years the exports of Bolivia to Costa Rica have increased at an annualized rate of 21.1%, from $23.9k in 1995 to $4.22M in 2022.

In 2022, Bolivia did not export any services to Costa Rica.

Costa Rica-Bolivia In 2022, Costa Rica exported $1.52M to Bolivia. The main products that Costa Rica exported to Bolivia were Other Rubber Products ($461k), Twine and Rope ($146k), and Pasta ($89.4k). During the last 27 years the exports of Costa Rica to Bolivia have increased at an annualized rate of 2.95%, from $691k in 1995 to $1.52M in 2022.

In 2022, Costa Rica did not export any services to Bolivia.

Comparison In 2022, Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B).

Latest Trends

December, 2021

About

Overview In December 2021, Bolivia exported $131k and imported $158k from Costa Rica, resulting in a negative trade balance of $27k. Between December 2020 and December 2021 the exports of Bolivia have decreased by $-69.6k (-34.8%) from $200k to $131k, while imports decreased by $-375k (-70.4%) from $533k to $158k.

Trade In December 2021, the top exports of Bolivia to Costa Rica were Minerals, crude, n.e.s. ($77.9k), Buckwheat, millet and canary seed; other... ($9.77k), Cereal flours (other than of wheat... ($6.4k), Bread, pastry, cakes, biscuits and other... ($4.81k), and Mixes and doughs for the preparation... ($1.22k). In December 2021 the top imports of Bolivia from Costa Rica were Batteries and electric accumulators, and parts... ($168k), Hard rubber; articles of hardened rubber... ($53.3k), Electrical apparatus for switching or protecting... ($18.2k), Insulated (including enamelled or anodized) wire,... ($13.2k), and Macaroni, spaghetti and similar products (pasta),... ($11.5k).

Origins In December 2021 the exports of Bolivia were mainly from Santa Cruz ($131k), while imports destinations were mainly Santa Cruz ($73.6k), Oruro ($58.3k), La Paz ($23.9k), and Potosí ($1.8k).

Growth In December 2021, the decrease in Bolivia's year-by-year exports to Costa Rica was explained primarily by an decrease in product exports in Minerals, crude, n.e.s. ($-13.6k or -14.9%). In December 2021, the decrease in Bolivia's year-by-year imports from Costa Rica was explained primarily by an decrease in product imports in Instruments and appliances used in medical,... ($-2.41k or -57.8%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - December 2021)$-69.6k(-34.8%)

IMPORT GROWTH (December 2020 - December 2021)$-375k(-70.4%)

MAIN EXPORTER (December 2021)Santa Cruz$131k

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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bolivia exported $4.22M to Costa Rica. The main products exported from Bolivia to Costa Rica were Seed Oils ($1.71M), Dried Legumes ($1.54M), and Borax ($311k). During the last 27 years the exports of Bolivia to Costa Rica have increased at an annualized rate of 21.1%, from $23.9k in 1995 to $4.22M in 2022.

In 2022, Costa Rica exported $1.52M to Bolivia. The main products exported from Costa Rica to Bolivia were Other Rubber Products ($461k), Twine and Rope ($146k), and Pasta ($89.4k). During the last 27 years the exports of Costa Rica to Bolivia have increased at an annualized rate of 2.95%, from $691k in 1995 to $1.52M in 2022.

Exports from Bolivia () to Costa Rica () (2022)

Exports from Costa Rica () to Bolivia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bolivia
Top DestinationIndia$2.27B

Costa Rica
Top DestinationUnited States$6.83B

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 2021, countries that imported more from Bolivia than Costa Rica were India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

In 2021, countries that imported more from Costa Rica than Bolivia were United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

Difference in imports from Costa Rica () and Bolivia () (2022)

Comparative Advantage Bolivia - Costa Rica

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bolivia had a large net trade with Costa Rica in the exports of Animal and Vegetable Bi-Products ($1.75M), Vegetable Products ($1.67M), and Mineral Products ($311k).

During 2022, Costa Rica had a large net trade with Bolivia in the exports of Plastics and Rubbers ($542k), Machines ($279k), and Foodstuffs ($160k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Bolivia has comparative advantage over Costa Rica. Similarly, the more yellow a dot/product is, the more Costa Rica has comparative advantage over Bolivia.

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Bolivia () to Costa Rica () (2022)

Exports from Costa Rica () to Bolivia () (2022)

Market Competitiveness

Difference in imports from Costa Rica () and Bolivia () (2022)

Comparative Advantage Bolivia - Costa Rica

Economic Complexity

Competitive Landscape

Product Space of Bolivia () and Costa Rica () (2022)

Keep Exploring