Guyana (GUY) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Guyana-Bolivia Trade: In 2022, Guyana exported $27.1k to Bolivia. The main products that Guyana exported to Bolivia were Ethylene Polymers ($27k) and Centrifuges ($112). Over the past 7 years the exports of Guyana to Bolivia have increased at an annualized rate of 171%, from $25 in 2015 to $27.1k in 2022.

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

Bolivia-Guyana Trade: In 2022, Bolivia exported $74.8k to Guyana. The main products that Bolivia exported to Guyana were Machinery Having Individual Functions ($41.5k), Stearic Acid ($18.6k), and Excavation Machinery ($14k). Over the past 7 years the exports of Bolivia to Guyana have increased at an annualized rate of 32.4%, from $18.4k in 2015 to $74.8k in 2022.

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

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index. 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, Guyana exported $27.1k to Bolivia. The main products exported from Guyana to Bolivia were Ethylene Polymers ($27k) and Centrifuges ($112). During the last 7 years the exports of Guyana to Bolivia have increased at an annualized rate of 171%, from $25 in 2015 to $27.1k in 2022.

In 2017, Bolivia exported $74.8k to Guyana. The main products exported from Bolivia to Guyana were Machinery Having Individual Functions ($41.5k), Stearic Acid ($18.6k), and Excavation Machinery ($14k). During the last 5 years the exports of Bolivia to Guyana have increased at an annualized rate of 32.4%, from $18.4k in 2022 to $74.8k in 2017.

Exports from Guyana () to Bolivia () (2022)

Exports from Bolivia () to Guyana () (2022)

Latest Data

Trade between Guyana () and Bolivia ()

Guyana Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Guyana than Bolivia included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

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

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

Comparative Advantage Guyana - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Bolivia in the exports of Plastics and Rubbers ($27k) and Machines ($112).

During 2017, Bolivia had a large net trade with Guyana in the exports of Machines ($55.5k), Animal and Vegetable Bi-Products ($18.6k), and Chemical Products ($566).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Bolivia () (2022)

Exports from Bolivia () to Guyana () (2022)

Latest Data

Trade between Guyana () and Bolivia ()

Guyana Exports

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Guyana - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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