2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Bolivia-New Caledonia Trade: In 2022, Bolivia exported $14.6k to New Caledonia. The main products that Bolivia exported to New Caledonia were Shaped Wood ($14.6k). Over the past 7 years the exports of Bolivia to New Caledonia have decreased at an annualized rate of 31.3%, from $202k in 2015 to $14.6k in 2022.

In 2022, Bolivia did not export any services to New Caledonia.

New Caledonia-Bolivia Trade: In 2022, New Caledonia exported $375 to Bolivia. The main products that New Caledonia exported to Bolivia were Trailers and semi-trailers, not mechanically propelled vehicles ($162), Interchangeable Tool Parts ($91), and Hand Tools ($77). Over the past 7 years the exports of New Caledonia to Bolivia have increased at an annualized rate of 78%,  from $21 in 2015 to $375 in 2022.

In 2022, New Caledonia 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, New Caledonia ranked 138 in total exports ($2.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $14.6k to New Caledonia. The main products exported from Bolivia to New Caledonia were Shaped Wood ($14.6k). During the last 7 years the exports of Bolivia to New Caledonia have decreased at an annualized rate of 31.3%, from $202k in 2015 to $14.6k in 2022.

In 2017, New Caledonia exported $375 to Bolivia. The main products exported from New Caledonia to Bolivia were Trailers and semi-trailers, not mechanically propelled vehicles ($162), Interchangeable Tool Parts ($91), and Hand Tools ($77). During the last 5 years the exports of New Caledonia to Bolivia have increased at an annualized rate of 78%, from $21 in 2022 to $375 in 2017.

Exports from Bolivia (Flag) to New Caledonia (Flag) (2022)

Exports from New Caledonia (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
New Caledonia
Top Destination
China$1.79B

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

In 2022, countries that imported more from Bolivia than New Caledonia included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

In 2022, countries that imported more from New Caledonia than Bolivia included China ($1.79B), Chinese Taipei ($57.1M), and Sweden ($29.3M).

Difference in imports from New Caledonia (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - New Caledonia

Flow
Scale

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

During 2022, Bolivia had a large net trade with New Caledonia in the exports of Wood Products ($14.6k).

During 2017, New Caledonia had a large net trade with Bolivia in the exports of Metals ($168), Transportation ($162), and Machines ($45).

Economic Complexity

Competitive Landscape

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

Product Space of Bolivia (Flag) and New Caledonia (Flag) (2022)

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