Switzerland (CHE) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Switzerland-Bolivia Trade: In 2023, Switzerland exported $192M to Bolivia. The main products that Switzerland exported to Bolivia were Refined Petroleum ($167M), Planes, Helicopters, and/or Spacecraft ($6.34M), and Vaccines, blood, antisera, toxins and cultures ($2.13M). Over the past 5 years the exports of Switzerland to Bolivia have increased at an annualized rate of 28.9%, from $54M in 2018 to $192M in 2023.

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

Bolivia-Switzerland Trade: In 2023, Bolivia exported $9.8M to Switzerland. The main products that Bolivia exported to Switzerland were Coconuts, Brazil Nuts, and Cashews ($2.18M), Silver ($1.62M), and Machinery Having Individual Functions ($1.44M). Over the past 5 years the exports of Bolivia to Switzerland have decreased at an annualized rate of 3.03%, from $11.4M in 2018 to $9.8M in 2023.

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

Comparison: In 2023, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Switzerland exported $192M to Bolivia. The main products exported from Switzerland to Bolivia were Refined Petroleum ($167M), Planes, Helicopters, and/or Spacecraft ($6.34M), and Vaccines, blood, antisera, toxins and cultures ($2.13M). During the last 5 years the exports of Switzerland to Bolivia have increased at an annualized rate of 28.9%, from $54M in 2018 to $192M in 2023.

In 2018, Bolivia exported $9.8M to Switzerland. The main products exported from Bolivia to Switzerland were Coconuts, Brazil Nuts, and Cashews ($2.18M), Silver ($1.62M), and Machinery Having Individual Functions ($1.44M). During the last 5 years the exports of Bolivia to Switzerland have decreased at an annualized rate of 3.03%, from $11.4M in 2023 to $9.8M in 2018.

Exports from Switzerland () to Bolivia () (2023)

Exports from Bolivia () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Bolivia ()

Switzerland Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationGermany$53.8B

Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Switzerland than Bolivia included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

In 2023, countries that imported more from Bolivia than Switzerland included Argentina ($1.15B), Peru ($622M), and Colombia ($687M).

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

Comparative Advantage Switzerland - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Switzerland had a large net trade with Bolivia in the exports of Mineral Products ($167M), Transportation ($6.39M), and Chemical Products ($5.91M).

During 2018, Bolivia had a large net trade with Switzerland in the exports of Vegetable Products ($4.56M), Machines ($1.83M), and Precious Metals ($1.63M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Bolivia+$2.18MPackaged Medicaments

Top Product Potential Bolivia Switzerland+$229kCoffee

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

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Bolivia () (2023)

Exports from Bolivia () to Switzerland () (2023)

Latest Data

Trade between Switzerland () and Bolivia ()

Switzerland Exports

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Switzerland - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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