Ethiopia (ETH) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Ethiopia-Bolivia Trade: In 2022, Ethiopia exported $12.2k to Bolivia. The main products that Ethiopia exported to Bolivia were Milling Stones ($4.5k), Knit Sweaters ($4.43k), and Non-Knit Women's Suits ($2.07k). Over the past 5 years the exports of Ethiopia to Bolivia have decreased at an annualized rate of 46.5%, from $278k in 2017 to $12.2k in 2022.

In 2022, Ethiopia did not export any services to Bolivia.

Bolivia-Ethiopia Trade: In 2022, Bolivia exported $46.9k to Ethiopia. The main products that Bolivia exported to Ethiopia were Sowing Seeds ($46.9k). Over the past 5 years the exports of Bolivia to Ethiopia have increased at an annualized rate of 17.5%, from $20.9k in 2017 to $46.9k in 2022.

In 2022, Bolivia did not export any services to Ethiopia.

Comparison: In 2022, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ethiopia exported $12.2k to Bolivia. The main products exported from Ethiopia to Bolivia were Milling Stones ($4.5k), Knit Sweaters ($4.43k), and Non-Knit Women's Suits ($2.07k). During the last 5 years the exports of Ethiopia to Bolivia have decreased at an annualized rate of 46.5%, from $278k in 2017 to $12.2k in 2022.

In 2017, Bolivia exported $46.9k to Ethiopia. The main products exported from Bolivia to Ethiopia were Sowing Seeds ($46.9k). During the last 5 years the exports of Bolivia to Ethiopia have increased at an annualized rate of 17.5%, from $20.9k in 2022 to $46.9k in 2017.

Exports from Ethiopia () to Bolivia () (2022)

Exports from Bolivia () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Bolivia ()

Ethiopia Exports

Date

Bolivia Exports

Date

Sep 2017

Jul 2017

Jan 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Ethiopia than Bolivia included Saudi Arabia ($268M), Somalia ($265M), and United Arab Emirates ($723M).

In 2022, countries that imported more from Bolivia than Ethiopia included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

Difference in imports from Bolivia () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with Bolivia in the exports of Textiles ($7.65k) and Stone And Glass ($4.5k).

During 2017, Bolivia had a large net trade with Ethiopia in the exports of Vegetable Products ($46.9k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Bolivia+$13.7kKnit Sweaters

Top Product Potential Bolivia Ethiopia+$25.5kSowing Seeds

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

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Bolivia () (2022)

Exports from Bolivia () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Bolivia ()

Ethiopia Exports

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Bolivia () (2022)

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