NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $1.2MRnk 62 / 136
2023
Flag → Flag
Top Product $1.19MCoconuts, Brazil Nuts, and Cashews
2023
Flag → Flag
Exports $16.2kRnk 147 / 158
2023
Flag → Flag
Top Product $6.55kLiquid Dispersing Machines
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
GDP PC $3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195

About

Bolivia-Georgia Trade: In 2023, Bolivia exported $1.2M to Georgia. The main products that Bolivia exported to Georgia were Coconuts, Brazil Nuts, and Cashews ($1.19M), Densified Wood ($7.5k), and Other Furniture ($1.7k). Over the past 14 years the exports of Bolivia to Georgia have increased at an annualized rate of 42.7%, from $8.3k in 2009 to $1.2M in 2023.

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

Georgia-Bolivia Trade: In 2023, Georgia exported $16.2k to Bolivia. The main products that Georgia exported to Bolivia were Liquid Dispersing Machines ($6.55k), Knit T-shirts ($3k), and Gas and Liquid Flow Measuring Instruments ($1.71k). Over the past 14 years the exports of Georgia to Bolivia have decreased at an annualized rate of 35.8%,  from $149k in 2009 to $16.2k in 2023.

In 2023, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Georgia, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Bolivia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Bolivia to Georgia were . In N/A the top imports of Bolivia from Georgia were .

Origins In N/A the exports of Bolivia were mainly from Cochabamba ($68.2k) and Beni ($14.5k), while imports destinations were mainly Santa Cruz ($1.06k).

Growth In N/A, the N/A in Bolivia's year-by-year exports to Georgia was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Georgia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
MAIN EXPORTER (N/A)Cochabamba$68.2k

This section shows exports and imports data at subnational level for Bolivia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Bolivia over time.

To check Georgia and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Bolivia Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $1.2M to Georgia. The main products exported from Bolivia to Georgia were Coconuts, Brazil Nuts, and Cashews ($1.19M), Densified Wood ($7.5k), and Other Furniture ($1.7k). During the last 14 years the exports of Bolivia to Georgia have increased at an annualized rate of 42.7%, from $8.3k in 2009 to $1.2M in 2023.

In 2018, Georgia exported $16.2k to Bolivia. The main products exported from Georgia to Bolivia were Liquid Dispersing Machines ($6.55k), Knit T-shirts ($3k), and Gas and Liquid Flow Measuring Instruments ($1.71k). During the last 5 years the exports of Georgia to Bolivia have decreased at an annualized rate of 35.8%, from $149k in 2023 to $16.2k in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Georgia
Top DestinationAzerbaijan$828M

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

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

In 2023, countries that imported more from Georgia than Bolivia included Azerbaijan ($828M), Armenia ($712M), and Turkey ($733M).

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

Comparative Advantage Bolivia - Georgia

Flow
Scale

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

During 2023, Bolivia had a large net trade with Georgia in the exports of Vegetable Products ($1.19M), Wood Products ($7.5k), and Miscellaneous ($1.7k).

During 2018, Georgia had a large net trade with Bolivia in the exports of Machines ($9.95k), Textiles ($4.4k), and Instruments ($1.71k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Georgia+$4.11kPetroleum Gas
Top Product Potential Georgia Bolivia+$6.5kValves

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bolivia and Georgia. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Georgia. Similarly, a dot/product with the flag of Georgia indicates it has a comparative advantage over Bolivia.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms