2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$259MCURRENT US$
Rnk 193 / 195
2013-2023
Flag
GDP GROWTH
39.1%CURRENT US$
Rnk 94 / 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
$6,678CURRENT US$
Rnk 107 / 196
2013-2023
Flag
GDP PC GROWTH
81.6%CURRENT US$
Rnk 14 / 195

About

In N/A, Bolivia did not export any services to Marshall Islands.

Marshall Islands-Bolivia Trade: In N/A, Marshall Islands exported $122k to Bolivia. The main products that Marshall Islands exported to Bolivia were Other Paper Machinery ($17k), Centrifuges ($15.2k), and Office Machine Parts ($14.3k). Over the past N/A years the exports of Marshall Islands to Bolivia have decreased at an annualized rate of 55.9%,  from $7.31M in N/A to $122k in N/A.

In N/A, Marshall Islands 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, Marshall Islands ranked 164 in total exports ($917M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Bolivia does not register exports to Marshall Islands.

In 2018, Marshall Islands exported $122k to Bolivia. The main products exported from Marshall Islands to Bolivia were Other Paper Machinery ($17k), Centrifuges ($15.2k), and Office Machine Parts ($14.3k). During the last 5 years the exports of Marshall Islands to Bolivia have decreased at an annualized rate of 55.9%, from $7.31M in 2023 to $122k in 2018.

Exports from Bolivia (Flag) to Marshall Islands (Flag) (2023)

Exports from Marshall Islands (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Marshall Islands
Top Destination
United Kingdom$150M

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

In 2023, countries that imported more from Bolivia than Marshall Islands included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

In 2023, countries that imported more from Marshall Islands than Bolivia included Denmark ($94.8M), Ghana ($80.2M), and Cyprus ($79.5M).

Difference in imports from Marshall Islands (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Marshall Islands

Flow
Scale

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

During 2018, Marshall Islands had a large net trade with Bolivia in the exports of Machines ($93.9k), Metals ($19.5k), and Chemical Products ($4.45k).

Economic Complexity

Competitive Landscape

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

Product Space of Bolivia (Flag) and Marshall Islands (Flag) (2023)

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