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

2023
Flag → Flag
Exports $3.1MRnk 54 / 136
2023
Flag → Flag
Top Product $1.6MScrap Iron
2023
Flag → Flag
Exports $94MRnk 99 / 216
2023
Flag → Flag
Top Product $47.3MDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Bolivia-Thailand Trade: In 2023, Bolivia exported $3.1M to Thailand. The main products that Bolivia exported to Thailand were Scrap Iron ($1.6M), Scrap Aluminium ($641k), and Copper Ore ($129k). Over the past 5 years the exports of Bolivia to Thailand have increased at an annualized rate of 7.73%, from $2.13M in 2018 to $3.1M in 2023.

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

Thailand-Bolivia Trade: In 2023, Thailand exported $94M to Bolivia. The main products that Thailand exported to Bolivia were Delivery Trucks ($47.3M), Cars ($6.54M), and Household Washing Machines ($5.66M). Over the past 5 years the exports of Thailand to Bolivia have decreased at an annualized rate of 2.8%,  from $108M in 2018 to $94M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $45.8k and imported $5.67M from Thailand, resulting in a negative trade balance of $5.63M. Between December 2022 and December 2023 the exports of Bolivia have decreased by $-19.7k (-30.1%) from $65.5k to $45.8k, while imports decreased by $-3.32M (-36.9%) from $9M to $5.67M.

Trade In December 2023, the top exports of Bolivia to Thailand were Copper plates, sheets and strip, of... ($45.8k) and Other non-ferrous base metal waste and... ($18.5k). In December 2023 the top imports of Bolivia from Thailand were Motor vehicles for the transport of... ($5.59M), Motor vehicles for the transport of... ($1.38M), Mechanical appliances (whether or not hand-operated)... ($495k), Storage units, whether or not presented... ($360k), and Household-type laundry equipment, n.e.s., whether or... ($339k).

Origins In December 2023 the exports of Bolivia were mainly from Santa Cruz ($21.7k), Oruro ($16.9k), and La Paz ($7.2k), while imports destinations were mainly Santa Cruz ($2.84M), La Paz ($1.08M), Oruro ($887k), Cochabamba ($774k), and Chuquisaca ($89.2k).

Growth In December 2023, the decrease in Bolivia's year-by-year exports to Thailand was explained primarily by an decrease in product exports in Other non-ferrous base metal waste and... ($-48.8k or -72.5%). In December 2023, the decrease in Bolivia's year-by-year imports  from Thailand was explained primarily by an decrease in product imports  in Conveyor or transmission belts or belting,... ($-178k or -77.6%), Batteries and electric accumulators, and parts... ($-79.5k or -86.7%), and Tyres, pneumatic, new, of a kind... ($-14.8k or -6.42%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2022 - December 2023)$-19.7k(-30.1%)
IMPORT GROWTH (December 2022 - December 2023)$-3.32M(-36.9%)
MAIN EXPORTER (December 2023)Santa Cruz$21.7k

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 Thailand and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Thailand 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 $3.1M to Thailand. The main products exported from Bolivia to Thailand were Scrap Iron ($1.6M), Scrap Aluminium ($641k), and Copper Ore ($129k). During the last 5 years the exports of Bolivia to Thailand have increased at an annualized rate of 7.73%, from $2.13M in 2018 to $3.1M in 2023.

In 2018, Thailand exported $94M to Bolivia. The main products exported from Thailand to Bolivia were Delivery Trucks ($47.3M), Cars ($6.54M), and Household Washing Machines ($5.66M). During the last 5 years the exports of Thailand to Bolivia have decreased at an annualized rate of 2.8%, from $108M in 2023 to $94M in 2018.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationBrazil$1.54B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Bolivia than Thailand included Colombia ($687M) and Peru ($622M).

In 2023, countries that imported more from Thailand than Bolivia included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Bolivia - Thailand

Flow
Scale

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

During 2023, Bolivia had a large net trade with Thailand in the exports of Metals ($2.37M), Mineral Products ($304k), and Vegetable Products ($253k).

During 2018, Thailand had a large net trade with Bolivia in the exports of Transportation ($57.8M), Machines ($20.4M), and Plastics and Rubbers ($6.34M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Thailand+$477kScrap Aluminium
Top Product Potential Thailand Bolivia+$5.6MCars

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

Product Space of Bolivia (Flag) and Thailand (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