2022
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GDP
$43.1BCURRENT US$
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2012-2022
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GDP GROWTH
59%CURRENT US$
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2022
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 GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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GDP PC 
$3,523CURRENT US$
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2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
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2022
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GDP PC
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Bolivia-Japan Trade: In 2022, Bolivia exported $963M to Japan. The main products that Bolivia exported to Japan were Zinc Ore ($803M), Precious Metal Ore ($129M), and Raw Tin ($19.6M). Over the past 5 years the exports of Bolivia to Japan have increased at an annualized rate of 10.3%, from $589M in 2017 to $963M in 2022.

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

Japan-Bolivia Trade: In 2022, Japan exported $168M to Bolivia. The main products that Japan exported to Bolivia were Cars ($61.1M), Delivery Trucks ($16.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.91M). Over the past 5 years the exports of Japan to Bolivia have decreased at an annualized rate of 2.69%,  from $193M in 2017 to $168M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $963M to Japan. The main products exported from Bolivia to Japan were Zinc Ore ($803M), Precious Metal Ore ($129M), and Raw Tin ($19.6M). During the last 5 years the exports of Bolivia to Japan have increased at an annualized rate of 10.3%, from $589M in 2017 to $963M in 2022.

In 2017, Japan exported $168M to Bolivia. The main products exported from Japan to Bolivia were Cars ($61.1M), Delivery Trucks ($16.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.91M). During the last 5 years the exports of Japan to Bolivia have decreased at an annualized rate of 2.69%, from $193M in 2022 to $168M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Japan
Top Destination
United States$137B

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

In 2022, countries that imported more from Bolivia than Japan included Argentina ($1.76B), San Marino ($78.6k), and Aruba ($48.5k).

In 2022, countries that imported more from Japan than Bolivia included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Bolivia - Japan

Flow
Scale

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

During 2022, Bolivia had a large net trade with Japan in the exports of Mineral Products ($934M), Metals ($21.9M), and Vegetable Products ($4.79M).

During 2017, Japan had a large net trade with Bolivia in the exports of Transportation ($101M), Machines ($32.8M), and Instruments ($12.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Japan+$6.5MRaw Tin
Top Product Potential Japan Bolivia+$25MCars

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

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

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