2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Bolivia-Poland Trade: In 2022, Bolivia exported $16.1M to Poland. The main products that Bolivia exported to Poland were Soybean Meal ($14.2M), Coconuts, Brazil Nuts, and Cashews ($742k), and Inorganic Salts ($398k). Over the past 5 years the exports of Bolivia to Poland have increased at an annualized rate of 3.11%, from $13.8M in 2017 to $16.1M in 2022.

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

Poland-Bolivia Trade: In 2022, Poland exported $11.4M to Bolivia. The main products that Poland exported to Bolivia were Stone Processing Machines ($1.19M), Electric Filament ($1.19M), and Malt Extract ($631k). Over the past 5 years the exports of Poland to Bolivia have increased at an annualized rate of 0.13%,  from $11.3M in 2017 to $11.4M in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $16.1M to Poland. The main products exported from Bolivia to Poland were Soybean Meal ($14.2M), Coconuts, Brazil Nuts, and Cashews ($742k), and Inorganic Salts ($398k). During the last 5 years the exports of Bolivia to Poland have increased at an annualized rate of 3.11%, from $13.8M in 2017 to $16.1M in 2022.

In 2017, Poland exported $11.4M to Bolivia. The main products exported from Poland to Bolivia were Stone Processing Machines ($1.19M), Electric Filament ($1.19M), and Malt Extract ($631k). During the last 5 years the exports of Poland to Bolivia have increased at an annualized rate of 0.13%, from $11.3M in 2022 to $11.4M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Poland
Top Destination
Germany$93.1B

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

In 2022, countries that imported more from Bolivia than Poland included Argentina ($1.76B), Brazil ($1.89B), and Colombia ($1.06B).

In 2022, countries that imported more from Poland than Bolivia included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

Comparative Advantage Bolivia - Poland

Flow
Scale

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

During 2022, Bolivia had a large net trade with Poland in the exports of Foodstuffs ($14.2M), Vegetable Products ($995k), and Chemical Products ($489k).

During 2017, Poland had a large net trade with Bolivia in the exports of Machines ($5.53M), Instruments ($1M), and Plastics and Rubbers ($946k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Poland+$6.95MSoybean Meal
Top Product Potential Poland Bolivia+$1.03MRubber Tires

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

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

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