2022
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GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
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GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

In N/A, Bolivia did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Bolivia In N/A, British Indian Ocean Territory exported $1.07k to Bolivia. The main products that British Indian Ocean Territory exported to Bolivia were Electromagnets ($704), Textile Processing Machines ($224), and Rubber Belting ($142). During the last N/A years the exports of British Indian Ocean Territory to Bolivia have decreased at an annualized rate of 6.14%, from $5.92k in N/A to $1.07k in N/A.

In N/A, British Indian Ocean Territory did not export any services to Bolivia.

Comparison In 2022,  Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9),  and 93 in total exports ($13.8B). That same year, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Bolivia does not register exports to British Indian Ocean Territory.

In 2022, British Indian Ocean Territory exported $1.07k to Bolivia. The main products exported from British Indian Ocean Territory to Bolivia were Electromagnets ($704), Textile Processing Machines ($224), and Rubber Belting ($142). During the last 15 years the exports of British Indian Ocean Territory to Bolivia have decreased at an annualized rate of 6.14%, from $5.92k in 2007 to $1.07k in 2022.

Exports from Bolivia (Flag) to British Indian Ocean Territory (Flag) (2022)

Exports from British Indian Ocean Territory (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Bolivia than British Indian Ocean Territory were India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

In 2021, countries that imported more from British Indian Ocean Territory than Bolivia were Singapore ($4.42M), Uzbekistan ($280k), and Sri Lanka ($2.69k).

Difference in imports from British Indian Ocean Territory (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - British Indian Ocean Territory

Flow
Scale

This chart compares trade between Bolivia and British Indian Ocean Territory by product, considering products traded by both, Bolivia and British Indian Ocean Territory.

During 2022, British Indian Ocean Territory had a large net trade with Bolivia in the exports of Machines ($928) and Plastics and Rubbers ($142).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bolivia has comparative advantage over British Indian Ocean Territory. Similarly, the more yellow a dot/product is, the more British Indian Ocean Territory has comparative advantage over Bolivia.

Product Space of Bolivia (Flag) and British Indian Ocean Territory (Flag) (2022)

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