2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Bolivia-Israel Trade: In 2022, Bolivia exported $3.26M to Israel. The main products that Bolivia exported to Israel were Coconuts, Brazil Nuts, and Cashews ($1.93M), Other Oily Seeds ($435k), and Buckwheat ($319k). Over the past 5 years the exports of Bolivia to Israel have increased at an annualized rate of 5.02%, from $2.55M in 2017 to $3.26M in 2022.

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

Israel-Bolivia Trade: In 2022, Israel exported $11.7M to Bolivia. The main products that Israel exported to Bolivia were Steam Turbines ($4.02M), Pesticides ($2.08M), and Industrial Printers ($1.8M). Over the past 5 years the exports of Israel to Bolivia have increased at an annualized rate of 7.85%,  from $5.07M in 2017 to $11.7M in 2022.

In 2007, Israel exported services to Bolivia worth $390k, with Computer and information services ($390k) being the largest in terms of value.

Comparison: In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $3.26M to Israel. The main products exported from Bolivia to Israel were Coconuts, Brazil Nuts, and Cashews ($1.93M), Other Oily Seeds ($435k), and Buckwheat ($319k). During the last 5 years the exports of Bolivia to Israel have increased at an annualized rate of 5.02%, from $2.55M in 2017 to $3.26M in 2022.

In 2017, Israel exported $11.7M to Bolivia. The main products exported from Israel to Bolivia were Steam Turbines ($4.02M), Pesticides ($2.08M), and Industrial Printers ($1.8M). During the last 5 years the exports of Israel to Bolivia have increased at an annualized rate of 7.85%, from $5.07M in 2022 to $11.7M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Israel
Top Destination
United States$20.3B

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

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

In 2022, countries that imported more from Israel than Bolivia included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

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

Comparative Advantage Bolivia - Israel

Flow
Scale

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

During 2022, Bolivia had a large net trade with Israel in the exports of Vegetable Products ($2.99M), Machines ($123k), and Wood Products ($118k).

During 2017, Israel had a large net trade with Bolivia in the exports of Machines ($7.28M), Chemical Products ($2.34M), and Instruments ($1.36M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Israel+$380kOther Oily Seeds
Top Product Potential Israel Bolivia+$1.45MPesticides

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bolivia and Israel. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Israel. Similarly, a dot/product with the flag of Israel indicates it has a comparative advantage over Bolivia.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with