2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Bolivia-Czechia Trade: In 2022, Bolivia exported $1.11M to Czechia. The main products that Bolivia exported to Czechia were Shaped Wood ($223k), Inorganic Salts ($196k), and Perfumes ($182k). Over the past 5 years the exports of Bolivia to Czechia have decreased at an annualized rate of 12.3%, from $2.13M in 2017 to $1.11M in 2022.

In 2022, Bolivia did not export any services to Czechia.

Czechia-Bolivia Trade: In 2022, Czechia exported $8.83M to Bolivia. The main products that Czechia exported to Bolivia were Animal Hair ($1.33M), Computers ($733k), and Glass Bricks ($515k). Over the past 5 years the exports of Czechia to Bolivia have decreased at an annualized rate of 11%,  from $15.8M in 2017 to $8.83M in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $1.11M to Czechia. The main products exported from Bolivia to Czechia were Shaped Wood ($223k), Inorganic Salts ($196k), and Perfumes ($182k). During the last 5 years the exports of Bolivia to Czechia have decreased at an annualized rate of 12.3%, from $2.13M in 2017 to $1.11M in 2022.

In 2017, Czechia exported $8.83M to Bolivia. The main products exported from Czechia to Bolivia were Animal Hair ($1.33M), Computers ($733k), and Glass Bricks ($515k). During the last 5 years the exports of Czechia to Bolivia have decreased at an annualized rate of 11%, from $15.8M in 2022 to $8.83M in 2017.

Exports from Bolivia (Flag) to Czechia (Flag) (2022)

Exports from Czechia (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Bolivia than Czechia included Argentina ($1.76B), Brazil ($1.89B), and India ($2.27B).

In 2022, countries that imported more from Czechia than Bolivia included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

Difference in imports from Czechia (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - Czechia

Flow
Scale

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

During 2022, Bolivia had a large net trade with Czechia in the exports of Chemical Products ($471k), Vegetable Products ($396k), and Wood Products ($223k).

During 2017, Czechia had a large net trade with Bolivia in the exports of Machines ($3.78M), Textiles ($1.35M), and Plastics and Rubbers ($1.04M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Czechia+$194kInorganic Salts
Top Product Potential Czechia Bolivia+$1.37MComputers

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

Product Space of Bolivia (Flag) and Czechia (Flag) (2022)

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