2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
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GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
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 GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 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
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GDP PC
$44,691CURRENT US$
Rnk 30 / 196
2013-2023
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GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195

About

Bolivia-France Trade: In 2023, Bolivia exported $14.7M to France. The main products that Bolivia exported to France were Shaped Wood ($3.29M), Buckwheat ($3.12M), and Broadcasting Accessories ($2.4M). Over the past 5 years the exports of Bolivia to France have decreased at an annualized rate of 35%, from $126M in 2018 to $14.7M in 2023.

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

France-Bolivia Trade: In 2023, France exported $117M to Bolivia. The main products that France exported to Bolivia were Planes, Helicopters, and/or Spacecraft ($26.5M), Refined Petroleum ($22.6M), and Tractors ($8.08M). Over the past 5 years the exports of France to Bolivia have decreased at an annualized rate of 5.16%,  from $152M in 2018 to $117M in 2023.

In 2023, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $14.7M to France. The main products exported from Bolivia to France were Shaped Wood ($3.29M), Buckwheat ($3.12M), and Broadcasting Accessories ($2.4M). During the last 5 years the exports of Bolivia to France have decreased at an annualized rate of 35%, from $126M in 2018 to $14.7M in 2023.

In 2018, France exported $117M to Bolivia. The main products exported from France to Bolivia were Planes, Helicopters, and/or Spacecraft ($26.5M), Refined Petroleum ($22.6M), and Tractors ($8.08M). During the last 5 years the exports of France to Bolivia have decreased at an annualized rate of 5.16%, from $152M in 2023 to $117M in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
France
Top Destination
Germany$72.8B

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

In 2023, countries that imported more from Bolivia than France included Peru ($622M) and Argentina ($1.15B).

In 2023, countries that imported more from France than Bolivia included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

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

Comparative Advantage Bolivia - France

Flow
Scale

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

During 2023, Bolivia had a large net trade with France in the exports of Vegetable Products ($6.67M), Wood Products ($3.92M), and Machines ($2.8M).

During 2018, France had a large net trade with Bolivia in the exports of Transportation ($42.7M), Mineral Products ($22.6M), and Chemical Products ($21.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia France+$1.63MSawn Wood
Top Product Potential France Bolivia+$5.48MCars

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

Product Space of Bolivia (Flag) and France (Flag) (2023)

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