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Pricing

2022
Flag → Flag
Exports $191kRnk 88 / 146
2022
Flag → Flag
Top Product $150kCereal Flours
2022
Flag → Flag
Exports $1.18MRnk 100 / 166
2022
Flag → Flag
Top Product $1.17MFloat Glass
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Bolivia-Nigeria Trade: In 2022, Bolivia exported $191k to Nigeria. The main products that Bolivia exported to Nigeria were Cereal Flours ($150k), Tanned Equine and Bovine Hides ($22.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($8.9k). Over the past 5 years the exports of Bolivia to Nigeria have increased at an annualized rate of 20.8%, from $74.4k in 2017 to $191k in 2022.

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

Nigeria-Bolivia Trade: In 2022, Nigeria exported $1.18M to Bolivia. The main products that Nigeria exported to Bolivia were Float Glass ($1.17M), Motor vehicles; parts and accessories (8701 to 8705) ($2.9k), and Gaskets ($951). Over the past 5 years the exports of Nigeria to Bolivia have increased at an annualized rate of 326%,  from $846 in 2017 to $1.18M in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Nigeria, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Bolivia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Bolivia to Nigeria were . In N/A the top imports of Bolivia from Nigeria were .

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in Bolivia's year-by-year exports to Nigeria was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Nigeria was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

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 Nigeria and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nigeria and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $191k to Nigeria. The main products exported from Bolivia to Nigeria were Cereal Flours ($150k), Tanned Equine and Bovine Hides ($22.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($8.9k). During the last 5 years the exports of Bolivia to Nigeria have increased at an annualized rate of 20.8%, from $74.4k in 2017 to $191k in 2022.

In 2017, Nigeria exported $1.18M to Bolivia. The main products exported from Nigeria to Bolivia were Float Glass ($1.17M), Motor vehicles; parts and accessories (8701 to 8705) ($2.9k), and Gaskets ($951). During the last 5 years the exports of Nigeria to Bolivia have increased at an annualized rate of 326%, from $846 in 2022 to $1.18M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Nigeria
Top DestinationSpain$9.41B

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

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

In 2022, countries that imported more from Nigeria than Bolivia included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Bolivia - Nigeria

Flow
Scale

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

During 2022, Bolivia had a large net trade with Nigeria in the exports of Vegetable Products ($150k), Animal Hides ($22.2k), and Transportation ($10.9k).

During 2017, Nigeria had a large net trade with Bolivia in the exports of Stone And Glass ($1.17M), Machines ($3.9k), and Transportation ($2.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Nigeria+$43.8kEquine and Bovine Hides
Top Product Potential Nigeria Bolivia+$20.2kMotor vehicles; parts and accessories (8701 to 8705)

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

Product Space of Bolivia (Flag) and Nigeria (Flag) (2022)

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