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2023
Flag → Flag
Exports $4.33MRnk 88 / 192
2023
Flag → Flag
Top Product $1.74MTractors
2023
Flag → Flag
Exports $1.19MRnk 63 / 136
2023
Flag → Flag
Top Product $1.04MCoconuts, Brazil Nuts, and Cashews
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 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 $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

Estonia-Bolivia Trade: In 2023, Estonia exported $4.33M to Bolivia. The main products that Estonia exported to Bolivia were Tractors ($1.74M), Asphalt Mixtures ($1.38M), and Delivery Trucks ($312k). Over the past 5 years the exports of Estonia to Bolivia have increased at an annualized rate of 13.3%, from $2.32M in 2018 to $4.33M in 2023.

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

Bolivia-Estonia Trade: In 2023, Bolivia exported $1.19M to Estonia. The main products that Bolivia exported to Estonia were Coconuts, Brazil Nuts, and Cashews ($1.04M), Other Oily Seeds ($57k), and Shaped Wood ($50.7k). Over the past 5 years the exports of Bolivia to Estonia have increased at an annualized rate of 45.1%,  from $185k in 2018 to $1.19M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), 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, Estonia exported $4.33M to Bolivia. The main products exported from Estonia to Bolivia were Tractors ($1.74M), Asphalt Mixtures ($1.38M), and Delivery Trucks ($312k). During the last 5 years the exports of Estonia to Bolivia have increased at an annualized rate of 13.3%, from $2.32M in 2018 to $4.33M in 2023.

In 2018, Bolivia exported $1.19M to Estonia. The main products exported from Bolivia to Estonia were Coconuts, Brazil Nuts, and Cashews ($1.04M), Other Oily Seeds ($57k), and Shaped Wood ($50.7k). During the last 5 years the exports of Bolivia to Estonia have increased at an annualized rate of 45.1%, from $185k in 2023 to $1.19M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Bolivia (Flag)

Estonia Exports

Bolivia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Estonia than Bolivia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

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

Comparative Advantage Estonia - Bolivia

Flow
Scale

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

During 2023, Estonia had a large net trade with Bolivia in the exports of Transportation ($2.28M), Mineral Products ($1.38M), and Machines ($471k).

During 2018, Bolivia had a large net trade with Estonia in the exports of Vegetable Products ($1.14M), Wood Products ($50.7k), and Foodstuffs ($799).

Economic Complexity

Competitive Landscape

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

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

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