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Pricing

2022
Flag → Flag
Exports $247kRnk 83 / 146
2022
Flag → Flag
Top Product $75.3kMachinery Having Individual Functions
2022
Flag → Flag
Exports $18.4kRnk 118 / 149
2022
Flag → Flag
Top Product $8.12kOther Iron Products
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Bolivia-Trinidad and Tobago Trade: In 2022, Bolivia exported $247k to Trinidad and Tobago. The main products that Bolivia exported to Trinidad and Tobago were Machinery Having Individual Functions ($75.3k), Coconuts, Brazil Nuts, and Cashews ($71.4k), and Excavation Machinery ($36.8k). Over the past 5 years the exports of Bolivia to Trinidad and Tobago have increased at an annualized rate of 35.8%, from $53.3k in 2017 to $247k in 2022.

In 2022, Bolivia did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Bolivia Trade: In 2022, Trinidad and Tobago exported $18.4k to Bolivia. The main products that Trinidad and Tobago exported to Bolivia were Other Iron Products ($8.12k), Acyclic Alcohols ($6.07k), and Interchangeable Tool Parts ($1.94k). Over the past 5 years the exports of Trinidad and Tobago to Bolivia have decreased at an annualized rate of 52.6%,  from $772k in 2017 to $18.4k in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Bolivia exported $N/A and imported $N/A from Trinidad and Tobago, 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 Trinidad and Tobago were . In N/A the top imports of Bolivia from Trinidad and Tobago were .

Origins In N/A the exports of Bolivia were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in Bolivia's year-by-year exports to Trinidad and Tobago was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports  from Trinidad and Tobago 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 Trinidad and Tobago and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $247k to Trinidad and Tobago. The main products exported from Bolivia to Trinidad and Tobago were Machinery Having Individual Functions ($75.3k), Coconuts, Brazil Nuts, and Cashews ($71.4k), and Excavation Machinery ($36.8k). During the last 5 years the exports of Bolivia to Trinidad and Tobago have increased at an annualized rate of 35.8%, from $53.3k in 2017 to $247k in 2022.

In 2017, Trinidad and Tobago exported $18.4k to Bolivia. The main products exported from Trinidad and Tobago to Bolivia were Other Iron Products ($8.12k), Acyclic Alcohols ($6.07k), and Interchangeable Tool Parts ($1.94k). During the last 5 years the exports of Trinidad and Tobago to Bolivia have decreased at an annualized rate of 52.6%, from $772k in 2022 to $18.4k in 2017.

Exports from Bolivia (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

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

In 2022, countries that imported more from Trinidad and Tobago than Bolivia included United States ($4.91B), Morocco ($740M), and Belgium ($894M).

Difference in imports from Trinidad and Tobago (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - Trinidad and Tobago

Flow
Scale

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

During 2022, Bolivia had a large net trade with Trinidad and Tobago in the exports of Machines ($146k), Vegetable Products ($71.7k), and Metals ($19.8k).

During 2017, Trinidad and Tobago had a large net trade with Bolivia in the exports of Metals ($10.1k), Chemical Products ($6.07k), and Machines ($2.21k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Trinidad and Tobago+$42.7kExcavation Machinery
Top Product Potential Trinidad and Tobago Bolivia+$27.4kAcyclic Alcohols

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

Product Space of Bolivia (Flag) and Trinidad and Tobago (Flag) (2022)

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