2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH
-7.77%CURRENT US$
Rnk 158 / 186

About

Bolivia-Iraq Trade: In 2022, Bolivia exported $2.91k to Iraq. The main products that Bolivia exported to Iraq were Excavation Machinery ($2.91k). Over the past 7 years the exports of Bolivia to Iraq have decreased at an annualized rate of 42%, from $133k in 2015 to $2.91k in 2022.

In 2022, Bolivia did not export any services to Iraq.

Iraq-Bolivia In N/A, Iraq did not export any products to Bolivia.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $2.91k to Iraq. The main products exported from Bolivia to Iraq were Excavation Machinery ($2.91k). During the last 7 years the exports of Bolivia to Iraq have decreased at an annualized rate of 42%, from $133k in 2015 to $2.91k in 2022.

Iraq does not register exports to Bolivia.

Exports from Bolivia (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Iraq
Top Destination
India$38.8B

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

In 2022, countries that imported more from Bolivia than Iraq included Brazil ($1.89B), Argentina ($1.76B), and Colombia ($1.06B).

In 2022, countries that imported more from Iraq than Bolivia included India ($38.8B), China ($34B), and United States ($10.3B).

Difference in imports from Iraq (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - Iraq

Flow
Scale

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

During 2022, Bolivia had a large net trade with Iraq in the exports of Machines ($2.91k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Iraq+$13.9kExcavation Machinery
Top Product Potential Iraq Bolivia+$6.12kRefined Petroleum

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

Product Space of Bolivia (Flag) and Iraq (Flag) (2022)

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