2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Bolivia-Algeria Trade: In 2022, Bolivia exported $3.21k to Algeria. The main products that Bolivia exported to Algeria were Interchangeable Tool Parts ($3.21k). Over the past 5 years the exports of Bolivia to Algeria have decreased at an annualized rate of 41.4%, from $46.6k in 2017 to $3.21k in 2022.

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

Algeria-Bolivia Trade: In 2022, Algeria exported $68.2k to Bolivia. The main products that Algeria exported to Bolivia were Refined Petroleum ($56.7k), Liquid Pumps ($7.13k), and Valves ($4.18k). Over the past 5 years the exports of Algeria to Bolivia have increased at an annualized rate of 85%,  from $3.15k in 2017 to $68.2k in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $3.21k to Algeria. The main products exported from Bolivia to Algeria were Interchangeable Tool Parts ($3.21k). During the last 5 years the exports of Bolivia to Algeria have decreased at an annualized rate of 41.4%, from $46.6k in 2017 to $3.21k in 2022.

In 2017, Algeria exported $68.2k to Bolivia. The main products exported from Algeria to Bolivia were Refined Petroleum ($56.7k), Liquid Pumps ($7.13k), and Valves ($4.18k). During the last 5 years the exports of Algeria to Bolivia have increased at an annualized rate of 85%, from $3.15k in 2022 to $68.2k in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Bolivia than Algeria included Argentina ($1.76B), Colombia ($1.06B), and Peru ($885M).

In 2022, countries that imported more from Algeria than Bolivia included Italy ($16.9B), France ($6.99B), and Spain ($7.11B).

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

Comparative Advantage Bolivia - Algeria

Flow
Scale

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

During 2022, Bolivia had a large net trade with Algeria in the exports of Metals ($3.21k).

During 2017, Algeria had a large net trade with Bolivia in the exports of Mineral Products ($56.7k), Machines ($11.4k), and Plastics and Rubbers ($53).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Algeria+$6.93kInterchangeable Tool Parts
Top Product Potential Algeria Bolivia+$457kRefined 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 Algeria. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Bolivia.

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

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