Bolivia (BOL) and Norway (NOR) Trade | The Observatory of Economic Complexity

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 In N/A, Norway did not export any products to Bolivia.

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

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Norway, 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 Norway were . In N/A 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 N/A 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 N/A, the N/A in Bolivia's year-by-year exports to Norway was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports from Norway was explained primarily by an decrease in product imports in Generating sets ($-2.92M or -79.6%) and Parts, n.e.s., of the machinery of... ($-479 or -60.3%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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.

Norway does not register exports 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).

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 () and Bolivia () (2022)

Comparative Advantage Bolivia - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Bolivia - Norway

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring