2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH
2.93%CURRENT US$
Rnk 166 / 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
$23,401CURRENT US$
Rnk 53 / 196
2013-2023
Flag
GDP PC GROWTH
8.47%CURRENT US$
Rnk 139 / 195

About

Bolivia-Greece Trade: In 2023, Bolivia exported $1.69M to Greece. The main products that Bolivia exported to Greece were Coconuts, Brazil Nuts, and Cashews ($990k), Borax ($233k), and Scrap Copper ($203k). Over the past 5 years the exports of Bolivia to Greece have increased at an annualized rate of 4.07%, from $1.39M in 2018 to $1.69M in 2023.

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

Greece-Bolivia Trade: In 2023, Greece exported $1.56M to Bolivia. The main products that Greece exported to Bolivia were Jams ($524k), Other Processed Fruits and Nuts ($354k), and Other Non-Metal Removal Machinery ($215k). Over the past 5 years the exports of Greece to Bolivia have increased at an annualized rate of 4.08%,  from $1.28M in 2018 to $1.56M in 2023.

In 2023, Greece 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $1.69M to Greece. The main products exported from Bolivia to Greece were Coconuts, Brazil Nuts, and Cashews ($990k), Borax ($233k), and Scrap Copper ($203k). During the last 5 years the exports of Bolivia to Greece have increased at an annualized rate of 4.07%, from $1.39M in 2018 to $1.69M in 2023.

In 2018, Greece exported $1.56M to Bolivia. The main products exported from Greece to Bolivia were Jams ($524k), Other Processed Fruits and Nuts ($354k), and Other Non-Metal Removal Machinery ($215k). During the last 5 years the exports of Greece to Bolivia have increased at an annualized rate of 4.08%, from $1.28M in 2023 to $1.56M in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Greece
Top Destination
Italy$6.21B

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

In 2023, countries that imported more from Bolivia than Greece included Brazil ($1.54B), Argentina ($1.15B), and Colombia ($687M).

In 2023, countries that imported more from Greece than Bolivia included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

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

Comparative Advantage Bolivia - Greece

Flow
Scale

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

During 2023, Bolivia had a large net trade with Greece in the exports of Vegetable Products ($1.1M), Mineral Products ($282k), and Metals ($215k).

During 2018, Greece had a large net trade with Bolivia in the exports of Foodstuffs ($877k), Machines ($280k), and Plastics and Rubbers ($117k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Greece+$289kScrap Aluminium
Top Product Potential Greece Bolivia+$154kMotor vehicles; parts and accessories (8701 to 8705)

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

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

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