Greece (GRC) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

About

Greece-Bolivia Trade: In 2022, Greece exported $856k to Bolivia. The main products that Greece exported to Bolivia were Other Processed Fruits and Nuts ($249k), Jams ($159k), and Motor vehicles; parts and accessories (8701 to 8705) ($133k). Over the past 5 years the exports of Greece to Bolivia have decreased at an annualized rate of 12.9%, from $1.71M in 2017 to $856k in 2022.

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

Bolivia-Greece Trade: In 2022, Bolivia exported $1.67M to Greece. The main products that Bolivia exported to Greece were Coconuts, Brazil Nuts, and Cashews ($904k), Borax ($328k), and Scrap Aluminium ($224k). Over the past 5 years the exports of Bolivia to Greece have increased at an annualized rate of 36.8%, from $349k in 2017 to $1.67M in 2022.

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

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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, Greece exported $856k to Bolivia. The main products exported from Greece to Bolivia were Other Processed Fruits and Nuts ($249k), Jams ($159k), and Motor vehicles; parts and accessories (8701 to 8705) ($133k). During the last 5 years the exports of Greece to Bolivia have decreased at an annualized rate of 12.9%, from $1.71M in 2017 to $856k in 2022.

In 2017, Bolivia exported $1.67M to Greece. The main products exported from Bolivia to Greece were Coconuts, Brazil Nuts, and Cashews ($904k), Borax ($328k), and Scrap Aluminium ($224k). During the last 5 years the exports of Bolivia to Greece have increased at an annualized rate of 36.8%, from $349k in 2022 to $1.67M in 2017.

Exports from Greece () to Bolivia () (2022)

Exports from Bolivia () to Greece () (2022)

Latest Data

Trade between Greece () and Bolivia ()

Greece Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Greece than Bolivia included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

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

Comparative Advantage Greece - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Bolivia in the exports of Foodstuffs ($408k), Chemical Products ($139k), and Transportation ($133k).

During 2017, Bolivia had a large net trade with Greece in the exports of Vegetable Products ($1.09M), Mineral Products ($328k), and Metals ($224k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Bolivia+$154kMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Bolivia Greece+$289kScrap Aluminium

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Bolivia () (2022)

Exports from Bolivia () to Greece () (2022)

Latest Data

Trade between Greece () and Bolivia ()

Greece Exports

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Greece - Bolivia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring