Algeria (DZA) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Algeria-Bolivia Trade: In 2023, Algeria exported $5.43k to Bolivia. The main products that Algeria exported to Bolivia were Liquid Pumps ($2.83k), Valves ($1.7k), and Electrical Ignitions ($416). Over the past 5 years the exports of Algeria to Bolivia have decreased at an annualized rate of 49%, from $157k in 2018 to $5.43k in 2023.

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

Bolivia-Algeria Trade: In 2023, Bolivia exported $3.21k to Algeria. The main products that Bolivia exported to Algeria were N/A. Over the past 5 years the exports of Bolivia to Algeria have decreased at an annualized rate of 41.4%, from $46.6k in 2018 to $3.21k in 2023.

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

Comparison: In 2023, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). 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, Algeria exported $5.43k to Bolivia. The main products exported from Algeria to Bolivia were Liquid Pumps ($2.83k), Valves ($1.7k), and Electrical Ignitions ($416). During the last 5 years the exports of Algeria to Bolivia have decreased at an annualized rate of 49%, from $157k in 2018 to $5.43k in 2023.

In 2017, Bolivia exported $3.21k to Algeria. There were not main exports from Bolivia to Algeria in 2017. During the last 5 years the exports of Bolivia to Algeria have decreased at an annualized rate of 41.4%, from $46.6k in 2022 to $3.21k in 2017.

Exports from Algeria () to Bolivia () (2023)

Exports from Bolivia () to Algeria () (2023)

Latest Data

Trade between Algeria () and Bolivia ()

Algeria Exports

Date

Dec 2013

Oct 2010

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Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Algeria
Top DestinationItaly$15.2B

Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Algeria than Bolivia included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

In 2023, countries that imported more from Bolivia than Algeria included Argentina ($1.15B), United Arab Emirates ($901M), and India ($1.33B).

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

Comparative Advantage Algeria - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Algeria had a large net trade with Bolivia in the exports of Machines ($4.94k), Metals ($388), and Transportation ($104).

During 2017, Bolivia had a large net trade with Algeria in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Algeria Bolivia+$457kRefined Petroleum

Top Product Potential Bolivia Algeria+$6.93kInterchangeable Tool Parts

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

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Historical Data

Bilateral Trade by Products

Exports from Algeria () to Bolivia () (2023)

Exports from Bolivia () to Algeria () (2023)

Latest Data

Trade between Algeria () and Bolivia ()

Algeria Exports

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Algeria - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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