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2023
Flag → Flag
Exports $267kRnk 92 / 136
2023
Flag → Flag
Top Product $100kRefined Petroleum
2023
Flag → Flag
Exports $3.5MRnk 36 / 121
2023
Flag → Flag
Top Product $3.26MHard Liquor
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC $3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

Bolivia-Cuba Trade: In 2023, Bolivia exported $267k to Cuba. The main products that Bolivia exported to Cuba were Refined Petroleum ($100k), Concentrated Milk ($85.5k), and Textile Footwear ($25.3k). Over the past 5 years the exports of Bolivia to Cuba have decreased at an annualized rate of 21.1%, from $871k in 2018 to $267k in 2023.

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

Cuba-Bolivia Trade: In 2023, Cuba exported $3.5M to Bolivia. The main products that Cuba exported to Bolivia were Hard Liquor ($3.26M), Pesticides ($98.4k), and Other Heating Machinery ($38.3k). Over the past 5 years the exports of Cuba to Bolivia have decreased at an annualized rate of 1.53%,  from $4.14M in 2018 to $3.5M in 2023.

In 2023, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Latest Trends

November, 2024

About

Overview In November 2024, Bolivia exported $1.8k and imported $33.5k from Cuba, resulting in a negative trade balance of $31.7k. Between November 2023 and November 2024 the exports of Bolivia have decreased by $-3.65k (-67%) from $5.45k to $1.8k, while imports decreased by $-394k (-92.2%) from $427k to $33.5k.

Trade In November 2024, the top exports of Bolivia to Cuba were Motor spirit (gasoline) and other light... ($100k) and Books, pamphlets, maps and globes, printed... ($336). In November 2024 the top imports of Bolivia from Cuba were Spirits (other than those of heading... ($387k).

Origins In November 2024 the exports of Bolivia were mainly from Santa Cruz ($1.8k), while imports destinations were mainly La Paz ($33.5k).

Growth In November 2024, the decrease in Bolivia's year-by-year exports to Cuba was explained primarily by an decrease in product exports in . In November 2024, the decrease in Bolivia's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$-3.65k(-67%)
IMPORT GROWTH (November 2023 - November 2024)$-394k(-92.2%)
MAIN EXPORTER (November 2024)Santa Cruz$1.8k

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 Cuba and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $267k to Cuba. The main products exported from Bolivia to Cuba were Refined Petroleum ($100k), Concentrated Milk ($85.5k), and Textile Footwear ($25.3k). During the last 5 years the exports of Bolivia to Cuba have decreased at an annualized rate of 21.1%, from $871k in 2018 to $267k in 2023.

In 2018, Cuba exported $3.5M to Bolivia. The main products exported from Cuba to Bolivia were Hard Liquor ($3.26M), Pesticides ($98.4k), and Other Heating Machinery ($38.3k). During the last 5 years the exports of Cuba to Bolivia have decreased at an annualized rate of 1.53%, from $4.14M in 2023 to $3.5M in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Cuba
Top DestinationChina$358M

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

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

In 2023, countries that imported more from Cuba than Bolivia included Cyprus ($42.5M), Switzerland ($48.2M), and Spain ($129M).

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

Comparative Advantage Bolivia - Cuba

Flow
Scale

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

During 2023, Bolivia had a large net trade with Cuba in the exports of Mineral Products ($100k), Animal Products ($85.5k), and Textiles ($30.2k).

During 2018, Cuba had a large net trade with Bolivia in the exports of Foodstuffs ($3.26M), Chemical Products ($130k), and Machines ($74.9k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bolivia and Cuba. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Cuba. Similarly, a dot/product with the flag of Cuba indicates it has a comparative advantage over Bolivia.

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

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