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2022
Flag → Flag
Exports $11.5MRnk 32 / 146
2022
Flag → Flag
Top Product $11.3MIron Ore
2022
Flag → Flag
Exports $7.51MRnk 106 / 196
2022
Flag → Flag
Top Product $3.27MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
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Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
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 GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
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GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
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GDP PC $3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186
2022
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GDP PC$15,892CURRENT US$
Rnk 60 / 186
2012-2022
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GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Bolivia-Romania Trade: In 2022, Bolivia exported $11.5M to Romania. The main products that Bolivia exported to Romania were Iron Ore ($11.3M), Prepared Wool or Animal Hair ($228k), and Interchangeable Tool Parts ($8.05k). Over the past 5 years the exports of Bolivia to Romania have increased at an annualized rate of 156%, from $105k in 2017 to $11.5M in 2022.

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

Romania-Bolivia Trade: In 2022, Romania exported $7.51M to Bolivia. The main products that Romania exported to Bolivia were Packaged Medicaments ($3.27M), Non-Knit Women's Undergarments ($599k), and Rubber Tires ($454k). Over the past 5 years the exports of Romania to Bolivia have increased at an annualized rate of 3.87%,  from $5.98M in 2017 to $7.51M in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Romania, 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 Romania were . In N/A the top imports of Bolivia from Romania were Instruments and apparatus for physical or... ($61.4k), Electrical apparatus for switching or protecting... ($28.2k), Electromechanical domestic appliances with self-contained electric... ($19.4k), Organic chemical products, n.e.s. ($18.3k), and Sound-recording and other sound-reproducing apparatus; video-recording... ($17.2k).

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly Santa Cruz ($164k), La Paz ($13k), Cochabamba ($8.56k), Oruro ($4.26k), and Chuquisaca ($227).

Growth In N/A, the N/A in Bolivia's year-by-year exports to Romania was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Romania was explained primarily by an decrease in product imports  in Tyres, pneumatic, new, of a kind... ($-99.8k or -92%), Electrical apparatus for switching or protecting... ($-25.3k or -47.3%), and Insulated (including enamelled or anodized) wire,... ($-12k or -99.6%).

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 Romania and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Romania and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $11.5M to Romania. The main products exported from Bolivia to Romania were Iron Ore ($11.3M), Prepared Wool or Animal Hair ($228k), and Interchangeable Tool Parts ($8.05k). During the last 5 years the exports of Bolivia to Romania have increased at an annualized rate of 156%, from $105k in 2017 to $11.5M in 2022.

In 2017, Romania exported $7.51M to Bolivia. The main products exported from Romania to Bolivia were Packaged Medicaments ($3.27M), Non-Knit Women's Undergarments ($599k), and Rubber Tires ($454k). During the last 5 years the exports of Romania to Bolivia have increased at an annualized rate of 3.87%, from $5.98M in 2022 to $7.51M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Romania
Top DestinationGermany$18.8B

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

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

In 2022, countries that imported more from Romania than Bolivia included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Bolivia - Romania

Flow
Scale

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

During 2022, Bolivia had a large net trade with Romania in the exports of Mineral Products ($11.3M), Textiles ($228k), and Metals ($8.05k).

During 2017, Romania had a large net trade with Bolivia in the exports of Chemical Products ($3.64M), Machines ($1.54M), and Plastics and Rubbers ($756k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Romania+$88.4kPrepared Wool or Animal Hair
Top Product Potential Romania Bolivia+$1.07MPackaged Medicaments

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

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

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