2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC 
$3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC
$32,610CURRENT US$
Rnk 43 / 196
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195

About

Bolivia-Slovenia Trade: In 2023, Bolivia exported $489k to Slovenia. The main products that Bolivia exported to Slovenia were Raw Tin ($127k), Shaped Wood ($102k), and Coconuts, Brazil Nuts, and Cashews ($93.4k). Over the past 5 years the exports of Bolivia to Slovenia have decreased at an annualized rate of 3.56%, from $586k in 2018 to $489k in 2023.

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

Slovenia-Bolivia Trade: In 2023, Slovenia exported $2.29M to Bolivia. The main products that Slovenia exported to Bolivia were Electric Batteries ($1.06M), Other Domestic Electric Housewares ($191k), and Medical Instruments ($173k). Over the past 5 years the exports of Slovenia to Bolivia have decreased at an annualized rate of 1.44%,  from $2.57M in 2018 to $2.29M in 2023.

In 2023, Slovenia 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, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bolivia exported $489k to Slovenia. The main products exported from Bolivia to Slovenia were Raw Tin ($127k), Shaped Wood ($102k), and Coconuts, Brazil Nuts, and Cashews ($93.4k). During the last 5 years the exports of Bolivia to Slovenia have decreased at an annualized rate of 3.56%, from $586k in 2018 to $489k in 2023.

In 2018, Slovenia exported $2.29M to Bolivia. The main products exported from Slovenia to Bolivia were Electric Batteries ($1.06M), Other Domestic Electric Housewares ($191k), and Medical Instruments ($173k). During the last 5 years the exports of Slovenia to Bolivia have decreased at an annualized rate of 1.44%, from $2.57M in 2023 to $2.29M in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Slovenia
Top Destination
Switzerland$13.5B

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

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

In 2023, countries that imported more from Slovenia than Bolivia included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

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

Comparative Advantage Bolivia - Slovenia

Flow
Scale

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

During 2023, Bolivia had a large net trade with Slovenia in the exports of Vegetable Products ($205k), Metals ($128k), and Wood Products ($104k).

During 2018, Slovenia had a large net trade with Bolivia in the exports of Machines ($1.75M), Instruments ($209k), and Paper Goods ($110k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Slovenia+$81.3kCoconuts, Brazil Nuts, and Cashews
Top Product Potential Slovenia Bolivia+$230kMedical Instruments

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

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

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