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2023
Flag → Flag
Exports $611Rnk 99 / 120
2023
Flag → Flag
Top Product $524Harvesting Machinery
2023
Flag → Flag
Exports $8.41kRnk 120 / 136
2023
Flag → Flag
Top Product $7.59kOther Oily Seeds
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC $32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH-25.1%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

Brunei-Bolivia Trade: In 2023, Brunei exported $611 to Bolivia. The main products that Brunei exported to Bolivia were Harvesting Machinery ($524), Motor vehicles; parts and accessories (8701 to 8705) ($80), and Iron Pipe Fittings ($7). Over the past 6 years the exports of Brunei to Bolivia have decreased at an annualized rate of 18.2%, from $2.03k in 2017 to $611 in 2023.

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

Bolivia-Brunei Trade: In 2023, Bolivia exported $8.41k to Brunei. The main products that Bolivia exported to Brunei were Other Oily Seeds ($7.59k), Other Domestic Electric Housewares ($412), and Motor vehicles; parts and accessories (8701 to 8705) ($210). Over the past 6 years the exports of Bolivia to Brunei have increased at an annualized rate of 25.8%,  from $2.67k in 2017 to $8.41k in 2023.

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

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. That same year, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $611 to Bolivia. The main products exported from Brunei to Bolivia were Harvesting Machinery ($524), Motor vehicles; parts and accessories (8701 to 8705) ($80), and Iron Pipe Fittings ($7). During the last 6 years the exports of Brunei to Bolivia have decreased at an annualized rate of 18.2%, from $2.03k in 2017 to $611 in 2023.

In 2018, Bolivia exported $8.41k to Brunei. The main products exported from Bolivia to Brunei were Other Oily Seeds ($7.59k), Other Domestic Electric Housewares ($412), and Motor vehicles; parts and accessories (8701 to 8705) ($210). During the last 5 years the exports of Bolivia to Brunei have increased at an annualized rate of 25.8%, from $2.67k in 2023 to $8.41k in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Bolivia (Flag)

Bolivia Exports

Market Competitiveness

Color
Brunei
Top DestinationAustralia$2.25B
Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Brunei than Bolivia included Australia ($2.25B), Singapore ($1.72B), and Japan ($1.86B).

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

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

Comparative Advantage Brunei - Bolivia

Flow
Scale

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

During 2023, Brunei had a large net trade with Bolivia in the exports of Machines ($524), Transportation ($80), and Metals ($7).

During 2018, Bolivia had a large net trade with Brunei in the exports of Vegetable Products ($7.59k), Machines ($489), and Transportation ($210).

Economic Complexity

Competitive Landscape

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

Product Space of Brunei (Flag) and Bolivia (Flag) (2023)

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