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2022
Flag → Flag
Exports $139MRnk 20 / 146
2022
Flag → Flag
Top Product $67.9MGold
2022
Flag → Flag
Exports $15.9MRnk 124 / 198
2022
Flag → Flag
Top Product $1.43MMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC $3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Bolivia-Hong Kong Trade: In 2022, Bolivia exported $139M to Hong Kong. The main products that Bolivia exported to Hong Kong were Gold ($67.9M), Edible Offal ($55.2M), and Frozen Bovine Meat ($11.9M). Over the past 5 years the exports of Bolivia to Hong Kong have increased at an annualized rate of 61.7%, from $12.5M in 2017 to $139M in 2022.

In 2022, Bolivia did not export any services to Hong Kong.

Hong Kong-Bolivia Trade: In 2022, Hong Kong exported $15.9M to Bolivia. The main products that Hong Kong exported to Bolivia were Medical Instruments ($1.43M), Office Machine Parts ($715k), and Broadcasting Equipment ($629k). Over the past 5 years the exports of Hong Kong to Bolivia have increased at an annualized rate of 8.2%,  from $10.7M in 2017 to $15.9M in 2022.

In 2022, Hong Kong did not export any services to Bolivia.

Comparison: In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $1.04M and imported $801k from Hong Kong, resulting in a positive trade balance of $239k. Between December 2022 and December 2023 the exports of Bolivia have decreased by $-43.2M (-97.6%) from $44.2M to $1.04M, while imports decreased by $-1.39M (-63.4%) from $2.19M to $801k.

Origins In December 2023 the exports of Bolivia were mainly from Santa Cruz ($1.04M), while imports destinations were mainly La Paz ($518k), Santa Cruz ($145k), Oruro ($76.3k), and Cochabamba ($62k).

Growth In December 2023, the decrease in Bolivia's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in . In December 2023, the decrease in Bolivia's year-by-year imports  from Hong Kong was explained primarily by an decrease in product imports  in Locksmiths' wares, safes, strongboxes, etc., and... ($-86.3k or -84.6%), Electrodiagnostic apparatus (other than radiological apparatus) ($-60.9k or -31.2%), and Microphones and stands therefor; loudspeakers, whether... ($-21.2k or -83.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2022 - December 2023)$-43.2M(-97.6%)
IMPORT GROWTH (December 2022 - December 2023)$-1.39M(-63.4%)
MAIN EXPORTER (December 2023)Santa Cruz$1.04M

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 Hong Kong and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Hong Kong and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $139M to Hong Kong. The main products exported from Bolivia to Hong Kong were Gold ($67.9M), Edible Offal ($55.2M), and Frozen Bovine Meat ($11.9M). During the last 5 years the exports of Bolivia to Hong Kong have increased at an annualized rate of 61.7%, from $12.5M in 2017 to $139M in 2022.

In 2017, Hong Kong exported $15.9M to Bolivia. The main products exported from Hong Kong to Bolivia were Medical Instruments ($1.43M), Office Machine Parts ($715k), and Broadcasting Equipment ($629k). During the last 5 years the exports of Hong Kong to Bolivia have increased at an annualized rate of 8.2%, from $10.7M in 2022 to $15.9M in 2017.

Exports from Bolivia (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Bolivia than Hong Kong included Argentina ($1.76B), Colombia ($1.06B), and Peru ($885M).

In 2022, countries that imported more from Hong Kong than Bolivia included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - Hong Kong

Flow
Scale

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

During 2022, Bolivia had a large net trade with Hong Kong in the exports of Precious Metals ($69.6M), Animal Products ($67.2M), and Machines ($1.5M).

During 2017, Hong Kong had a large net trade with Bolivia in the exports of Machines ($4.35M), Metals ($2.59M), and Instruments ($2.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Hong Kong+$44.7MGold
Top Product Potential Hong Kong Bolivia+$1.47MTelephones

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

Product Space of Bolivia (Flag) and Hong Kong (Flag) (2022)

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