2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 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
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Bolivia-Ukraine Trade: In 2022, Bolivia exported $400k to Ukraine. The main products that Bolivia exported to Ukraine were Coffee ($128k), Ground Nuts ($115k), and Coconuts, Brazil Nuts, and Cashews ($74.5k). Over the past 5 years the exports of Bolivia to Ukraine have decreased at an annualized rate of 1.21%, from $425k in 2017 to $400k in 2022.

In 2022, Bolivia did not export any services to Ukraine.

Ukraine-Bolivia Trade: In 2022, Ukraine exported $914k to Bolivia. The main products that Ukraine exported to Bolivia were Broadcasting Equipment ($207k), Rolled Tobacco ($173k), and Processed Cereals ($135k). Over the past 5 years the exports of Ukraine to Bolivia have decreased at an annualized rate of 12.5%,  from $1.79M in 2017 to $914k in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $400k to Ukraine. The main products exported from Bolivia to Ukraine were Coffee ($128k), Ground Nuts ($115k), and Coconuts, Brazil Nuts, and Cashews ($74.5k). During the last 5 years the exports of Bolivia to Ukraine have decreased at an annualized rate of 1.21%, from $425k in 2017 to $400k in 2022.

In 2017, Ukraine exported $914k to Bolivia. The main products exported from Ukraine to Bolivia were Broadcasting Equipment ($207k), Rolled Tobacco ($173k), and Processed Cereals ($135k). During the last 5 years the exports of Ukraine to Bolivia have decreased at an annualized rate of 12.5%, from $1.79M in 2022 to $914k in 2017.

Exports from Bolivia (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Ukraine
Top Destination
Poland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Bolivia included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Bolivia - Ukraine

Flow
Scale

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

During 2022, Bolivia had a large net trade with Ukraine in the exports of Vegetable Products ($324k), Machines ($58.3k), and Wood Products ($14.6k).

During 2017, Ukraine had a large net trade with Bolivia in the exports of Machines ($381k), Foodstuffs ($173k), and Vegetable Products ($135k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Ukraine+$5.03kPetroleum Gas
Top Product Potential Ukraine Bolivia+$273kTelephones

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

Product Space of Bolivia (Flag) and Ukraine (Flag) (2022)

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