2022
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GDP
$43.1BCURRENT US$
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2012-2022
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GDP GROWTH
59%CURRENT US$
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2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC 
$3,523CURRENT US$
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2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Bolivia-Spain In 2022, Bolivia exported $164M to Spain. The main products that Bolivia exported to Spain are Zinc Ore ($116M), Precious Metal Ore ($14.6M), and Refined Petroleum ($13.6M). During the last 27 years the exports of Bolivia to Spain have increased at an annualized rate of 10.7%, from $10.7M in 1995 to $164M in 2022.

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

Spain-Bolivia In 2022, Spain exported $126M to Bolivia. The main products that Spain exported to Bolivia were Electric Generating Sets ($7.69M), Lifting Machinery ($5.1M), and Electric Motors ($4.91M). During the last 27 years the exports of Spain to Bolivia have increased at an annualized rate of 5.67%, from $28.5M in 1995 to $126M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $164M to Spain. The main products exported from Bolivia to Spain were Zinc Ore ($116M), Precious Metal Ore ($14.6M), and Refined Petroleum ($13.6M). During the last 27 years the exports of Bolivia to Spain have increased at an annualized rate of 10.7%, from $10.7M in 1995 to $164M in 2022.

In 2022, Spain exported $126M to Bolivia. The main products exported from Spain to Bolivia were Electric Generating Sets ($7.69M), Lifting Machinery ($5.1M), and Electric Motors ($4.91M). During the last 27 years the exports of Spain to Bolivia have increased at an annualized rate of 5.67%, from $28.5M in 1995 to $126M in 2022.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Spain
Top Destination
France$65.2B

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

In 2021, countries that imported more from Bolivia than Spain were Argentina ($1.76B) and Peru ($885M).

In 2021, countries that imported more from Spain than Bolivia were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Bolivia - Spain

Flow
Scale

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

During 2022, Bolivia had a large net trade with Spain in the exports of Mineral Products ($145M), Vegetable Products ($10.2M), and Metals ($6.56M).

During 2022, Spain had a large net trade with Bolivia in the exports of Machines ($53.4M), Chemical Products ($22.2M), and Instruments ($8.51M).

Economic Complexity

Competitive Landscape

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 Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Bolivia.

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

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