2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 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
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

In N/A, Bolivia did not export any services to Somalia.

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

In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

N/A

N/A

Exports from Bolivia (Flag) to Somalia (Flag) (2019)

Exports from Somalia (Flag) to Bolivia (Flag) (2019)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Somalia
Top Destination
United Arab Emirates$283M

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

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

In 2022, countries that imported more from Somalia than Bolivia included Oman ($173M), Bulgaria ($18.5M), and Kuwait ($13.5M).

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

Comparative Advantage Bolivia - Somalia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Somalia+$2.21kPetroleum Gas
Top Product Potential Somalia Bolivia+$1.04kGold

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

This visualization shows the product space at the HS4 level with the flags of Bolivia and Somalia. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Bolivia.

Product Space of Bolivia (Flag) and Somalia (Flag) (2019)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with