2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 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
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186

About

Bolivia-Morocco Trade: In 2022, Bolivia exported $282k to Morocco. The main products that Bolivia exported to Morocco were Other Processed Fruits and Nuts ($97.9k), Raw Tin ($97.6k), and Buckwheat ($50.9k). Over the past 5 years the exports of Bolivia to Morocco have increased at an annualized rate of 2.53%, from $249k in 2017 to $282k in 2022.

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

Morocco-Bolivia Trade: In 2022, Morocco exported $634k to Bolivia. The main products that Morocco exported to Bolivia were Mixed Mineral or Chemical Fertilizers ($214k), Processed Fish ($162k), and Alkaline Metals ($134k). Over the past 5 years the exports of Morocco to Bolivia have increased at an annualized rate of 9.73%,  from $302k in 2017 to $634k in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $282k to Morocco. The main products exported from Bolivia to Morocco were Other Processed Fruits and Nuts ($97.9k), Raw Tin ($97.6k), and Buckwheat ($50.9k). During the last 5 years the exports of Bolivia to Morocco have increased at an annualized rate of 2.53%, from $249k in 2017 to $282k in 2022.

In 2017, Morocco exported $634k to Bolivia. The main products exported from Morocco to Bolivia were Mixed Mineral or Chemical Fertilizers ($214k), Processed Fish ($162k), and Alkaline Metals ($134k). During the last 5 years the exports of Morocco to Bolivia have increased at an annualized rate of 9.73%, from $302k in 2022 to $634k in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Morocco
Top Destination
Spain$8.55B

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

In 2022, countries that imported more from Morocco than Bolivia included Spain ($8.55B), France ($7.92B), and Italy ($2.2B).

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

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 2022, Bolivia had a large net trade with Morocco in the exports of Foodstuffs ($101k), Metals ($97.6k), and Vegetable Products ($75k).

During 2017, Morocco had a large net trade with Bolivia in the exports of Chemical Products ($347k), Foodstuffs ($162k), and Textiles ($71.3k).

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) (2022)

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