2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 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
$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195

About

Bolivia-Morocco Trade: In 2023, Bolivia exported $598k to Morocco. The main products that Bolivia exported to Morocco were Coconuts, Brazil Nuts, and Cashews ($217k), Other Processed Fruits and Nuts ($166k), and Tin Bars ($60.6k). Over the past 5 years the exports of Bolivia to Morocco have increased at an annualized rate of 11.5%, from $347k in 2018 to $598k in 2023.

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

Morocco-Bolivia Trade: In 2023, Morocco exported $10M to Bolivia. The main products that Morocco exported to Bolivia were Mixed Mineral or Chemical Fertilizers ($9.23M), Processed Fish ($280k), and Phosphatic Fertilizers ($219k). Over the past 5 years the exports of Morocco to Bolivia have increased at an annualized rate of 81.2%,  from $512k in 2018 to $10M in 2023.

In 2023, Morocco 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, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $598k to Morocco. The main products exported from Bolivia to Morocco were Coconuts, Brazil Nuts, and Cashews ($217k), Other Processed Fruits and Nuts ($166k), and Tin Bars ($60.6k). During the last 5 years the exports of Bolivia to Morocco have increased at an annualized rate of 11.5%, from $347k in 2018 to $598k in 2023.

In 2018, Morocco exported $10M to Bolivia. The main products exported from Morocco to Bolivia were Mixed Mineral or Chemical Fertilizers ($9.23M), Processed Fish ($280k), and Phosphatic Fertilizers ($219k). During the last 5 years the exports of Morocco to Bolivia have increased at an annualized rate of 81.2%, from $512k in 2023 to $10M in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Morocco
Top Destination
Spain$9.8B

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

In 2023, countries that imported more from Bolivia than Morocco included Argentina ($1.15B), United Arab Emirates ($901M), and Colombia ($687M).

In 2023, countries that imported more from Morocco than Bolivia included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

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

Comparative Advantage Bolivia - Morocco

Flow
Scale

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

During 2023, Bolivia had a large net trade with Morocco in the exports of Vegetable Products ($308k), Foodstuffs ($179k), and Metals ($75.5k).

During 2018, Morocco had a large net trade with Bolivia in the exports of Chemical Products ($9.51M), Foodstuffs ($280k), and Textiles ($103k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Morocco+$93.5kRaw Tin
Top Product Potential Morocco Bolivia+$646kMixed Mineral or Chemical Fertilizers

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

Product Space of Bolivia (Flag) and Morocco (Flag) (2023)

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