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Pricing

2022
Flag → Flag
Exports $8.51MRnk 34 / 146
2022
Flag → Flag
Top Product $3.9MCoconuts, Brazil Nuts, and Cashews
2022
Flag → Flag
Exports $42.1MRnk 107 / 152
2022
Flag → Flag
Top Product $10.2MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 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$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Bolivia-Vietnam Trade: In 2022, Bolivia exported $8.51M to Vietnam. The main products that Bolivia exported to Vietnam were Coconuts, Brazil Nuts, and Cashews ($3.9M), Sawn Wood ($2.02M), and Other Ores ($1.69M). Over the past 5 years the exports of Bolivia to Vietnam have increased at an annualized rate of 33%, from $2.05M in 2017 to $8.51M in 2022.

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

Vietnam-Bolivia Trade: In 2022, Vietnam exported $42.1M to Bolivia. The main products that Vietnam exported to Bolivia were Broadcasting Equipment ($10.2M), Textile Footwear ($5.51M), and Rubber Footwear ($2.82M). Over the past 5 years the exports of Vietnam to Bolivia have increased at an annualized rate of 6.2%,  from $31.2M in 2017 to $42.1M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $134k and imported $4.44M from Vietnam, resulting in a negative trade balance of $4.3M. Between December 2022 and December 2023 the exports of Bolivia have increased by $12.2k (9.96%) from $122k to $134k, while imports increased by $993k (28.8%) from $3.45M to $4.44M.

Trade In December 2023, the top exports of Bolivia to Vietnam were Ores and concentrates of other non-ferrous... ($606k). In December 2023 the top imports of Bolivia from Vietnam were Sports footwear ($658k), Electrical apparatus for line telephony or... ($574k), Analogue or hybrid (analogue-digital) data-processing machines ($206k), Seats (other than those of heading... ($123k), and Other colouring matter; preparations based on... ($101k).

Origins In December 2023 the exports of Bolivia were mainly from Santa Cruz ($134k), while imports destinations were mainly Santa Cruz ($1.94M), La Paz ($1.21M), Tarija ($736k), Cochabamba ($401k), and Oruro ($154k).

Growth In December 2023, the increase in Bolivia's year-by-year exports to Vietnam was explained primarily by an increase in product exports in Ores and concentrates of other non-ferrous... ($547k or 914%). In December 2023, the increase in Bolivia's year-by-year imports  from Vietnam was explained primarily by an increase in product imports  in Sports footwear ($372k or 130%), Analogue or hybrid (analogue-digital) data-processing machines ($202k or 5.34k%), and Tyres, pneumatic, new, of a kind... ($40.8k or 9.37k%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2022 - December 2023)$12.2k(9.96%)
IMPORT GROWTH (December 2022 - December 2023)$993k(28.8%)
MAIN EXPORTER (December 2023)Santa Cruz$134k

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 Vietnam and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Vietnam and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $8.51M to Vietnam. The main products exported from Bolivia to Vietnam were Coconuts, Brazil Nuts, and Cashews ($3.9M), Sawn Wood ($2.02M), and Other Ores ($1.69M). During the last 5 years the exports of Bolivia to Vietnam have increased at an annualized rate of 33%, from $2.05M in 2017 to $8.51M in 2022.

In 2017, Vietnam exported $42.1M to Bolivia. The main products exported from Vietnam to Bolivia were Broadcasting Equipment ($10.2M), Textile Footwear ($5.51M), and Rubber Footwear ($2.82M). During the last 5 years the exports of Vietnam to Bolivia have increased at an annualized rate of 6.2%, from $31.2M in 2022 to $42.1M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Bolivia than Vietnam included Argentina ($1.76B), Peru ($885M), and Ecuador ($414M).

In 2022, countries that imported more from Vietnam than Bolivia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Bolivia - Vietnam

Flow
Scale

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

During 2022, Bolivia had a large net trade with Vietnam in the exports of Vegetable Products ($4.01M), Mineral Products ($2.12M), and Wood Products ($2.02M).

During 2017, Vietnam had a large net trade with Bolivia in the exports of Machines ($22M), Footwear and Headwear ($9.08M), and Textiles ($3.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Vietnam+$2.41MCoconuts, Brazil Nuts, and Cashews
Top Product Potential Vietnam Bolivia+$10.2MTelephones

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

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

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