2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC 
$3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC
$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195

About

Bolivia-Algeria Trade: In 2022, Bolivia exported $3.21k to Algeria. The main products that Bolivia exported to Algeria were N/A. 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 $5.43k to Bolivia. The main products that Algeria exported to Bolivia were Liquid Pumps ($2.83k), Valves ($1.7k), and Electrical Ignitions ($416). Over the past 5 years the exports of Algeria to Bolivia have decreased at an annualized rate of 49%,  from $157k in 2017 to $5.43k in 2022.

In 2022, Algeria 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, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $3.21k to Algeria. There were not main exports from Bolivia to Algeria in 2022. 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 2018, Algeria exported $5.43k to Bolivia. The main products exported from Algeria to Bolivia were Liquid Pumps ($2.83k), Valves ($1.7k), and Electrical Ignitions ($416). During the last 5 years the exports of Algeria to Bolivia have decreased at an annualized rate of 49%, from $157k in 2023 to $5.43k in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Algeria
Top Destination
Italy$15.2B

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 2023, countries that imported more from Bolivia than Algeria included Argentina ($1.15B), United Arab Emirates ($901M), and India ($1.33B).

In 2023, countries that imported more from Algeria than Bolivia included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

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

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 .

During 2018, Algeria had a large net trade with Bolivia in the exports of Machines ($4.94k), Metals ($388), and Transportation ($104).

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) (2023)

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