Sign In
Pricing

2022
Flag → Flag
Exports $766kRnk 64 / 146
2022
Flag → Flag
Top Product $282kCoconuts, Brazil Nuts, and Cashews
2022
Flag → Flag
Exports $9.66MRnk 108 / 209
2022
Flag → Flag
Top Product $3.33MDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 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$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Bolivia-Norway Trade: In 2022, Bolivia exported $766k to Norway. The main products that Bolivia exported to Norway were Coconuts, Brazil Nuts, and Cashews ($282k), Other Oily Seeds ($70.9k), and Cereal Flours ($55.9k). Over the past 5 years the exports of Bolivia to Norway have decreased at an annualized rate of 14.8%, from $1.7M in 2017 to $766k in 2022.

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

Norway-Bolivia Trade: In 2022, Norway exported $9.66M to Bolivia. The main products that Norway exported to Bolivia were Delivery Trucks ($3.33M), Mixed Mineral or Chemical Fertilizers ($1.74M), and Electric Generating Sets ($1.47M). Over the past 5 years the exports of Norway to Bolivia have increased at an annualized rate of 7.26%,  from $6.8M in 2017 to $9.66M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Latest Trends

October, 2023

About

Overview In October 2023, Bolivia exported $5k and imported $224k from Norway, resulting in a negative trade balance of $219k. Between October 2022 and October 2023 the exports of Bolivia have decreased by $-2.5k (-33.3%) from $7.5k to $5k, while imports increased by $110k (97%) from $114k to $224k.

Trade In October 2023, the top exports of Bolivia to Norway were . In October 2023 the top imports of Bolivia from Norway were Generating sets ($748k), Other colouring matter; preparations based on... ($318k), Electrical apparatus for switching or protecting... ($19.3k), Trailers and semi-trailers for the transport... ($14.4k), and Electrical apparatus for switching or protecting... ($10.4k).

Origins In October 2023 the exports of Bolivia were mainly from N/A, while imports destinations were mainly La Paz ($219k), Santa Cruz ($3.21k), and Cochabamba ($2.23k).

Growth In October 2023, the decrease in Bolivia's year-by-year exports to Norway was explained primarily by an decrease in product exports in . In December 2023, the increase in Bolivia's year-by-year imports  from Norway was explained primarily by an increase in product imports  in Other parts and accessories of the... ($617 or 52.2%) and Parts, n.e.s, for the internal combustion... ($24 or 25.8%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2022 - October 2023)$-2.5k(-33.3%)
IMPORT GROWTH (December 2022 - December 2023)$110k(97%)

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 Norway and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Norway and Bolivia Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $766k to Norway. The main products exported from Bolivia to Norway were Coconuts, Brazil Nuts, and Cashews ($282k), Other Oily Seeds ($70.9k), and Cereal Flours ($55.9k). During the last 5 years the exports of Bolivia to Norway have decreased at an annualized rate of 14.8%, from $1.7M in 2017 to $766k in 2022.

In 2017, Norway exported $9.66M to Bolivia. The main products exported from Norway to Bolivia were Delivery Trucks ($3.33M), Mixed Mineral or Chemical Fertilizers ($1.74M), and Electric Generating Sets ($1.47M). During the last 5 years the exports of Norway to Bolivia have increased at an annualized rate of 7.26%, from $6.8M in 2022 to $9.66M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Bolivia than Norway included Argentina ($1.76B), India ($2.27B), and Colombia ($1.06B).

In 2022, countries that imported more from Norway than Bolivia included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Bolivia - Norway

Flow
Scale

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

During 2022, Bolivia had a large net trade with Norway in the exports of Vegetable Products ($510k), Textiles ($73.7k), and Metals ($53.3k).

During 2017, Norway had a large net trade with Bolivia in the exports of Transportation ($3.7M), Machines ($3.58M), and Chemical Products ($2.19M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Norway+$161kCoconuts, Brazil Nuts, and Cashews
Top Product Potential Norway Bolivia+$705kMixed 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms