NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $513kRnk 75 / 136
2023
Flag → Flag
Top Product $272kCoconuts, Brazil Nuts, and Cashews
2023
Flag → Flag
Exports $1.86MRnk 105 / 184
2023
Flag → Flag
Top Product $1.06MMixed Mineral or Chemical Fertilizers
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 35 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH61.2%CURRENT US$
Rnk 53 / 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$12,282CURRENT US$
Rnk 82 / 196
2013-2023
Flag
GDP PC GROWTH74.4%CURRENT US$
Rnk 20 / 195

About

Bolivia-Serbia Trade: In 2023, Bolivia exported $513k to Serbia. The main products that Bolivia exported to Serbia were Coconuts, Brazil Nuts, and Cashews ($272k), Magnesium ($80.7k), and Buckwheat ($71.6k). Over the past 5 years the exports of Bolivia to Serbia have increased at an annualized rate of 12.2%, from $288k in 2018 to $513k in 2023.

In 2023, Bolivia did not export any services to Serbia.

Serbia-Bolivia Trade: In 2023, Serbia exported $1.86M to Bolivia. The main products that Serbia exported to Bolivia were Mixed Mineral or Chemical Fertilizers ($1.06M), Animal Food ($276k), and Activated Carbon ($193k). Over the past 5 years the exports of Serbia to Bolivia have increased at an annualized rate of 38.5%,  from $366k in 2018 to $1.86M in 2023.

In 2009, Serbia exported services to Bolivia worth $8.91k, with Workers' remittances ($8.91k) being the largest in terms of value.

Comparison: In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Serbia, 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 Serbia were . In N/A the top imports of Bolivia from Serbia were Food wastes and prepared animal feeds,... ($107k), Ball-bearings ($3.13k), Electric motors of an output not... ($739), Motors (other than motors of an... ($208), and Children's toys ($97).

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly Santa Cruz ($292k), Oruro ($95.3k), and Cochabamba ($72).

Growth In N/A, the N/A in Bolivia's year-by-year exports to Serbia was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Serbia was explained primarily by an decrease in product imports  in .

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 Serbia and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Serbia and Bolivia Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $513k to Serbia. The main products exported from Bolivia to Serbia were Coconuts, Brazil Nuts, and Cashews ($272k), Magnesium ($80.7k), and Buckwheat ($71.6k). During the last 5 years the exports of Bolivia to Serbia have increased at an annualized rate of 12.2%, from $288k in 2018 to $513k in 2023.

In 2018, Serbia exported $1.86M to Bolivia. The main products exported from Serbia to Bolivia were Mixed Mineral or Chemical Fertilizers ($1.06M), Animal Food ($276k), and Activated Carbon ($193k). During the last 5 years the exports of Serbia to Bolivia have increased at an annualized rate of 38.5%, from $366k in 2023 to $1.86M in 2018.

Exports from Bolivia (Flag) to Serbia (Flag) (2023)

Exports from Serbia (Flag) to Bolivia (Flag) (2023)

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Serbia
Top DestinationGermany$4.76B

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

In 2023, countries that imported more from Bolivia than Serbia included Brazil ($1.54B), India ($1.33B), and Argentina ($1.15B).

In 2023, countries that imported more from Serbia than Bolivia included Germany ($4.76B), Hungary ($2.26B), and Bosnia and Herzegovina ($1.77B).

Difference in imports from Serbia (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Serbia

Flow
Scale

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

During 2023, Bolivia had a large net trade with Serbia in the exports of Vegetable Products ($382k), Metals ($80.7k), and Foodstuffs ($36.8k).

During 2018, Serbia had a large net trade with Bolivia in the exports of Chemical Products ($1.25M), Foodstuffs ($339k), and Machines ($112k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Serbia+$51.9kCoconuts, Brazil Nuts, and Cashews
Top Product Potential Serbia Bolivia+$326kMixed Mineral or Chemical Fertilizers

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

Product Space of Bolivia (Flag) and Serbia (Flag) (2023)

Keep Exploring

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