Bolivia (BOL) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

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Bolivia-Zimbabwe Trade: In 2023, Bolivia exported $119k to Zimbabwe. The main products that Bolivia exported to Zimbabwe were Stone Processing Machines ($119k). Over the past 22 years the exports of Bolivia to Zimbabwe have increased at an annualized rate of 27.4%, from $573 in 2001 to $119k in 2023.

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

Zimbabwe-Bolivia Trade: In 2023, Zimbabwe exported $389 to Bolivia. The main products that Zimbabwe exported to Bolivia were Excavation Machinery ($224), Electrical Lighting and Signalling Equipment ($112), and Sowing Seeds ($53). Over the past 22 years the exports of Zimbabwe to Bolivia have decreased at an annualized rate of 4.4%, from $610 in 2001 to $389 in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Latest Trends

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Overview In N/A, Bolivia exported $N/A and imported $N/A from Zimbabwe, 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 Zimbabwe were . In N/A the top imports of Bolivia from Zimbabwe 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 Zimbabwe was explained primarily by an decrease in product exports in . In N/A, the N/A in Bolivia's year-by-year imports from Zimbabwe was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

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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 Zimbabwe and Bolivia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

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Value

Trade

Growth

Growth (%)

Year

In 2023, Bolivia exported $119k to Zimbabwe. The main products exported from Bolivia to Zimbabwe were Stone Processing Machines ($119k). During the last 22 years the exports of Bolivia to Zimbabwe have increased at an annualized rate of 27.4%, from $573 in 2001 to $119k in 2023.

In 2018, Zimbabwe exported $389 to Bolivia. The main products exported from Zimbabwe to Bolivia were Excavation Machinery ($224), Electrical Lighting and Signalling Equipment ($112), and Sowing Seeds ($53). During the last 5 years the exports of Zimbabwe to Bolivia have decreased at an annualized rate of 4.4%, from $610 in 2023 to $389 in 2018.

Exports from Bolivia () to Zimbabwe () (2023)

Exports from Zimbabwe () to Bolivia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bolivia
Top DestinationBrazil$1.54B

Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

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

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

In 2023, countries that imported more from Zimbabwe than Bolivia included United Arab Emirates ($4.1B), South Africa ($1.39B), and Mozambique ($391M).

Difference in imports from Zimbabwe () and Bolivia () (2023)

Comparative Advantage Bolivia - Zimbabwe

Flow

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HS2

HS4

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Linear

Year

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

During 2023, Bolivia had a large net trade with Zimbabwe in the exports of Machines ($119k).

During 2018, Zimbabwe had a large net trade with Bolivia in the exports of Machines ($336) and Vegetable Products ($53).

Potential Exports

Depth

Section

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HS4

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Highest Potential

Most Saturated

Section

Top Product Potential Bolivia Zimbabwe+$2.82kGold

Top Product Potential Zimbabwe Bolivia+$1.71kFerroalloys

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

Year

This visualization shows the product space at the HS4 level with the flags of Bolivia and Zimbabwe. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Zimbabwe. Similarly, a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Bolivia.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Bolivia () to Zimbabwe () (2023)

Exports from Zimbabwe () to Bolivia () (2023)

Market Competitiveness

Difference in imports from Zimbabwe () and Bolivia () (2023)

Comparative Advantage Bolivia - Zimbabwe

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bolivia () and Zimbabwe () (2023)

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