Bolivia (BOL) and Burma (MMR) Trade | The Observatory of Economic Complexity

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Bolivia-Burma Trade: In 2023, Bolivia exported $41.3M to Burma. The main products that Bolivia exported to Burma were Soybean Meal ($24.4M), Soybean Oil ($9.38M), and Other Vegetable Residues and Waste ($3.89M). Over the past 5 years the exports of Bolivia to Burma have increased at an annualized rate of 41.3%, from $7.34M in 2018 to $41.3M in 2023.

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

Burma-Bolivia Trade: In 2023, Burma exported $702k to Bolivia. The main products that Burma exported to Bolivia were Rubber Footwear ($241k), Textile Footwear ($93.8k), and Nitrogen Heterocyclic Compounds ($52.6k). Over the past 5 years the exports of Burma to Bolivia have increased at an annualized rate of 20.9%, from $272k in 2018 to $702k in 2023.

In 2023, Burma 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, Burma ranked 108 in the Economic Complexity Index (ECI -0.91), and 77 in total exports ($22.1B).

Latest Trends

September, 2024

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Overview In September 2024, Bolivia exported $307k and imported $28k from Burma, resulting in a positive trade balance of $279k. Between September 2023 and September 2024 the exports of Bolivia have decreased by $-3.01M (-90.7%) from $3.31M to $307k, while imports increased by $16.6k (146%) from $11.4k to $28k.

Trade In September 2024, the top exports of Bolivia to Burma were Oilcake and other solid residues (except... ($374k). In September 2024 the top imports of Bolivia from Burma were Sports footwear ($23k), Electrothermic appliances, n.e.s. ($1.14k), and Babies' garments and clothing accessories ($19).

Origins In September 2024 the exports of Bolivia were mainly from N/A, while imports destinations were mainly La Paz ($15.5k), Santa Cruz ($7.87k), and Tarija ($4.54k).

Growth In September 2024, the decrease in Bolivia's year-by-year exports to Burma was explained primarily by an decrease in product exports in Oilcake and other solid residues (except... ($-240k or -39.1%). In November 2024, the increase in Bolivia's year-by-year imports from Burma was explained primarily by an increase in product imports in Sports footwear ($10.8k or 88.7%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)$-3.01M(-90.7%)

IMPORT GROWTH (November 2023 - November 2024)$16.6k(146%)

This section shows exports and imports data at subnational level for Bolivia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Bolivia over time.

To check Burma and Bolivia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bolivia exported $41.3M to Burma. The main products exported from Bolivia to Burma were Soybean Meal ($24.4M), Soybean Oil ($9.38M), and Other Vegetable Residues and Waste ($3.89M). During the last 5 years the exports of Bolivia to Burma have increased at an annualized rate of 41.3%, from $7.34M in 2018 to $41.3M in 2023.

In 2018, Burma exported $702k to Bolivia. The main products exported from Burma to Bolivia were Rubber Footwear ($241k), Textile Footwear ($93.8k), and Nitrogen Heterocyclic Compounds ($52.6k). During the last 5 years the exports of Burma to Bolivia have increased at an annualized rate of 20.9%, from $272k in 2023 to $702k in 2018.

Exports from Bolivia () to Burma () (2023)

Exports from Burma () to Bolivia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bolivia
Top DestinationBrazil$1.54B

Burma
Top DestinationChina$6.97B

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

In 2023, countries that imported more from Bolivia than Burma included Brazil ($1.54B), Argentina ($1.15B), and United Arab Emirates ($901M).

In 2023, countries that imported more from Burma than Bolivia included China ($6.97B), Thailand ($3.44B), and Japan ($1.61B).

Difference in imports from Burma () and Bolivia () (2023)

Comparative Advantage Bolivia - Burma

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bolivia had a large net trade with Burma in the exports of Foodstuffs ($30.7M), Animal and Vegetable Bi-Products ($9.38M), and Vegetable Products ($797k).

During 2018, Burma had a large net trade with Bolivia in the exports of Footwear and Headwear ($342k), Textiles ($224k), and Chemical Products ($81.2k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Bolivia () to Burma () (2023)

Exports from Burma () to Bolivia () (2023)

Market Competitiveness

Difference in imports from Burma () and Bolivia () (2023)

Comparative Advantage Bolivia - Burma

Economic Complexity

Competitive Landscape

Product Space of Bolivia () and Burma () (2023)

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