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Pricing

2023
Flag → Flag
Exports $1.3MRnk 60 / 136
2023
Flag → Flag
Top Product $340kSurveying Equipment
2023
Flag → Flag
Exports $37.1MRnk 96 / 182
2023
Flag → Flag
Top Product $28.6MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC $3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Bolivia-Saudi Arabia Trade: In 2023, Bolivia exported $1.3M to Saudi Arabia. The main products that Bolivia exported to Saudi Arabia were Surveying Equipment ($340k), Coconuts, Brazil Nuts, and Cashews ($193k), and Buckwheat ($130k). Over the past 5 years the exports of Bolivia to Saudi Arabia have increased at an annualized rate of 9.19%, from $839k in 2018 to $1.3M in 2023.

In 2023, Bolivia did not export any services to Saudi Arabia.

Saudi Arabia-Bolivia Trade: In 2023, Saudi Arabia exported $37.1M to Bolivia. The main products that Saudi Arabia exported to Bolivia were Refined Petroleum ($28.6M), Propylene Polymers ($3.41M), and Ethylene Polymers ($3.08M). Over the past 5 years the exports of Saudi Arabia to Bolivia have increased at an annualized rate of 12.7%,  from $20.4M in 2018 to $37.1M in 2023.

In 2023, Saudi Arabia did not export any services to Bolivia.

Comparison: In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B). That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $25.1k and imported $460k from Saudi Arabia, resulting in a negative trade balance of $435k. Between December 2022 and December 2023 the exports of Bolivia have increased by $5.74k (29.7%) from $19.4k to $25.1k, while imports increased by $17.9k (4.05%) from $442k to $460k.

Trade In December 2023, the top exports of Bolivia to Saudi Arabia were Other non-ferrous base metal waste and... ($25.8k). In December 2023 the top imports of Bolivia from Saudi Arabia were Other parts and accessories of the... ($500).

Origins In December 2023 the exports of Bolivia were mainly from Cochabamba ($25.1k), while imports destinations were mainly Oruro ($460k), Santa Cruz ($218), and La Paz ($137).

Growth In December 2023, the increase in Bolivia's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in . In December 2023, the increase in Bolivia's year-by-year imports  from Saudi Arabia was explained primarily by an increase in product imports  in Other parts and accessories of the... ($270 or 117%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2022 - December 2023)$5.74k(29.7%)
IMPORT GROWTH (December 2022 - December 2023)$17.9k(4.05%)
MAIN EXPORTER (December 2023)Cochabamba$25.1k

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 Saudi Arabia and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Saudi Arabia and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $1.3M to Saudi Arabia. The main products exported from Bolivia to Saudi Arabia were Surveying Equipment ($340k), Coconuts, Brazil Nuts, and Cashews ($193k), and Buckwheat ($130k). During the last 5 years the exports of Bolivia to Saudi Arabia have increased at an annualized rate of 9.19%, from $839k in 2018 to $1.3M in 2023.

In 2018, Saudi Arabia exported $37.1M to Bolivia. The main products exported from Saudi Arabia to Bolivia were Refined Petroleum ($28.6M), Propylene Polymers ($3.41M), and Ethylene Polymers ($3.08M). During the last 5 years the exports of Saudi Arabia to Bolivia have increased at an annualized rate of 12.7%, from $20.4M in 2023 to $37.1M in 2018.

Exports from Bolivia (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Bolivia than Saudi Arabia included Argentina ($1.15B), Colombia ($687M), and Peru ($622M).

In 2023, countries that imported more from Saudi Arabia than Bolivia included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Saudi Arabia

Flow
Scale

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

During 2023, Bolivia had a large net trade with Saudi Arabia in the exports of Vegetable Products ($466k), Instruments ($376k), and Metals ($237k).

During 2018, Saudi Arabia had a large net trade with Bolivia in the exports of Mineral Products ($29.3M), Plastics and Rubbers ($6.65M), and Chemical Products ($1.12M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Saudi Arabia+$306kLarge Construction Vehicles
Top Product Potential Saudi Arabia Bolivia+$2.68MEthylene Polymers

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

Product Space of Bolivia (Flag) and Saudi Arabia (Flag) (2023)

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