2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 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
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Bolivia-Ethiopia Trade: In 2023, Bolivia exported $277k to Ethiopia. The main products that Bolivia exported to Ethiopia were N/A. Over the past 9 years the exports of Bolivia to Ethiopia have increased at an annualized rate of 7.5%, from $145k in 2014 to $277k in 2023.

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

Ethiopia-Bolivia Trade: In 2023, Ethiopia exported $13.4k to Bolivia. The main products that Ethiopia exported to Bolivia were Knit Sweaters ($8.7k), Knit Men's Coats ($1.62k), and Knitted Hats ($1.47k). Over the past 9 years the exports of Ethiopia to Bolivia have increased at an annualized rate of 83.7%,  from $641 in 2014 to $13.4k in 2023.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Ethiopia
Top Destination
United States$487M

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

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

In 2023, countries that imported more from Ethiopia than Bolivia included Saudi Arabia ($304M), United States ($487M), and Djibouti ($155M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Ethiopia+$25.5kSowing Seeds
Top Product Potential Ethiopia Bolivia+$13.7kKnit Sweaters

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

Product Space of Bolivia (Flag) and Ethiopia (Flag) (NaN)

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