2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 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
$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195

About

Bolivia-Iraq Trade: In 2023, Bolivia exported $130k to Iraq. The main products that Bolivia exported to Iraq were Coconuts, Brazil Nuts, and Cashews ($125k) and Sawn Wood ($5.46k). Over the past 7 years the exports of Bolivia to Iraq have increased at an annualized rate of 15.8%, from $46.4k in 2016 to $130k in 2023.

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

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

In 2023, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $130k to Iraq. The main products exported from Bolivia to Iraq were Coconuts, Brazil Nuts, and Cashews ($125k) and Sawn Wood ($5.46k). During the last 7 years the exports of Bolivia to Iraq have increased at an annualized rate of 15.8%, from $46.4k in 2016 to $130k in 2023.

Iraq does not register exports to Bolivia. The main products exported from Iraq to Bolivia were Petroleum Coke ($742k).

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Iraq
Top Destination
China$35.5B

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

In 2023, countries that imported more from Iraq than Bolivia included China ($35.5B), India ($29.8B), and United States ($8.92B).

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

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 2023, Bolivia had a large net trade with Iraq in the exports of Vegetable Products ($125k) and Wood Products ($5.46k).

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) (2023)

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