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Pricing

2022
Flag → Flag
Exports $5.03MRnk 38 / 146
2022
Flag → Flag
Top Product $2.18MShaped Wood
2022
Flag → Flag
Exports $1.39MRnk 159 / 210
2022
Flag → Flag
Top Product $760kPaper Containers
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 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$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

Bolivia-New Zealand Trade: In 2022, Bolivia exported $5.03M to New Zealand. The main products that Bolivia exported to New Zealand were Shaped Wood ($2.18M), Boron ($1.08M), and Coffee ($513k). Over the past 5 years the exports of Bolivia to New Zealand have decreased at an annualized rate of 2.9%, from $5.82M in 2017 to $5.03M in 2022.

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

New Zealand-Bolivia Trade: In 2022, New Zealand exported $1.39M to Bolivia. The main products that New Zealand exported to Bolivia were Paper Containers ($760k), Salt ($89k), and Concentrated Milk ($78.1k). Over the past 5 years the exports of New Zealand to Bolivia have decreased at an annualized rate of 3.79%,  from $2.58M in 2017 to $1.39M in 2022.

In 2022, New Zealand 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 Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $103k and imported $30.8k from New Zealand, resulting in a positive trade balance of $72.5k. Between December 2022 and December 2023 the exports of Bolivia have decreased by $-462k (-81.7%) from $565k to $103k, while imports decreased by $-473k (-93.9%) from $504k to $30.8k.

Trade In December 2023, the top exports of Bolivia to New Zealand were Coffee, not roasted, whether or not... ($207k), Wood of non-coniferous species, sawn or... ($158k), Wood of non-coniferous species (including strips... ($96k), Food preparations, n.e.s. ($91k), and Minerals, crude, n.e.s. ($30.7k). In December 2023 the top imports of Bolivia from New Zealand were Electrical apparatus for line telephony or... ($16.5k), Other electric power machinery; parts of... ($8.8k), Parts, n.e.s., of the machinery of... ($5.37k), Bearing housings and plain shaft bearings ($1.3k), and Parts, n.e.s, for the internal combustion... ($131).

Origins In December 2023 the exports of Bolivia were mainly from Oruro ($51.8k) and La Paz ($51.6k), while imports destinations were mainly Santa Cruz ($25k) and La Paz ($5.75k).

Growth In December 2023, the decrease in Bolivia's year-by-year exports to New Zealand was explained primarily by an decrease in product exports in Minerals, crude, n.e.s. ($-26.9k or -46.7%) and Wood of non-coniferous species (including strips... ($-3.6k or -3.61%). In December 2023, the decrease in Bolivia's year-by-year imports  from New Zealand was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2022 - December 2023)$-462k(-81.7%)
IMPORT GROWTH (December 2022 - December 2023)$-473k(-93.9%)
MAIN EXPORTER (December 2023)Oruro$51.8k

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 New Zealand and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore New Zealand and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $5.03M to New Zealand. The main products exported from Bolivia to New Zealand were Shaped Wood ($2.18M), Boron ($1.08M), and Coffee ($513k). During the last 5 years the exports of Bolivia to New Zealand have decreased at an annualized rate of 2.9%, from $5.82M in 2017 to $5.03M in 2022.

In 2017, New Zealand exported $1.39M to Bolivia. The main products exported from New Zealand to Bolivia were Paper Containers ($760k), Salt ($89k), and Concentrated Milk ($78.1k). During the last 5 years the exports of New Zealand to Bolivia have decreased at an annualized rate of 3.79%, from $2.58M in 2022 to $1.39M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
New Zealand
Top DestinationChina$13.1B

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

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

In 2022, countries that imported more from New Zealand than Bolivia included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

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

Comparative Advantage Bolivia - New Zealand

Flow
Scale

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

During 2022, Bolivia had a large net trade with New Zealand in the exports of Wood Products ($2.3M), Vegetable Products ($1.08M), and Chemical Products ($1.08M).

During 2017, New Zealand had a large net trade with Bolivia in the exports of Paper Goods ($760k), Instruments ($187k), and Machines ($139k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia New Zealand+$261kSawn Wood
Top Product Potential New Zealand Bolivia+$188kConcentrated Milk

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

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

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