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2022
Flag → Flag
Exports $168MRnk 96 / 211
2022
Flag → Flag
Top Product $61.1MCars
2022
Flag → Flag
Exports $963MRnk 5 / 146
2022
Flag → Flag
Top Product $803MZinc Ore
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

Japan-Bolivia Trade: In 2022, Japan exported $168M to Bolivia. The main products that Japan exported to Bolivia were Cars ($61.1M), Delivery Trucks ($16.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.91M). Over the past 5 years the exports of Japan to Bolivia have decreased at an annualized rate of 2.69%, from $193M in 2017 to $168M in 2022.

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

Bolivia-Japan Trade: In 2022, Bolivia exported $963M to Japan. The main products that Bolivia exported to Japan were Zinc Ore ($803M), Precious Metal Ore ($129M), and Raw Tin ($19.6M). Over the past 5 years the exports of Bolivia to Japan have increased at an annualized rate of 10.3%,  from $589M in 2017 to $963M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Latest Trends

July, 2024

About

Overview In July 2024, Japan exported ¥1.05B and imported ¥5.2B from Bolivia, resulting in a negative trade balance of ¥4.15B. Between July 2023 and July 2024 the exports of Japan have decreased by ¥-353M (-25.2%) from ¥1.4B to ¥1.05B, while imports increased by ¥3.14B (153%) from ¥2.06B to ¥5.2B.

Trade In July 2024, the top exports of Japan to Bolivia were Cars (¥387M), Buses (¥76.8M), Used Rubber Tires (¥60.7M), Delivery Trucks (¥49.4M), and Fork-Lifts (¥39.2M). In July 2024 the top imports of Japan from Bolivia were Precious Metal Ore (¥631M), Scrap Copper (¥34.2M), Raw Sugar (¥18.2M), Other Oily Seeds (¥13.2M), and Veneer Sheets (¥8.88M).

Origins In July 2024 the exports of Japan were mainly from Aichi (¥495M), Kanagawa (¥185M), Hiroshima (¥151M), Hyōgo (¥104M), and Osaka (¥46.6M), while imports destinations were mainly Akita (¥4.78B), Kanagawa (¥153M), Tokyo (¥121M), Fukuoka (¥113M), and Hyōgo (¥19.3M).

Growth In July 2024, the decrease in Japan's year-by-year exports to Bolivia was explained primarily by an decrease in product exports in Delivery Trucks (¥-61.2M or -55.3%), Large Construction Vehicles (¥-46.9M or -89%), and Motor vehicles; parts and accessories (8701... (¥-32.3M or -46.1%). In July 2024, the increase in Japan's year-by-year imports  from Bolivia was explained primarily by an increase in product imports  in Raw Sugar (¥11.2M or 161%), Chocolate (¥946k or 113%), and Sawn Wood (¥438k or 41.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)¥-353M(-25.2%)
IMPORT GROWTH (July 2023 - July 2024)¥3.14B(153%)
MAIN EXPORTER (July 2024)Aichi¥495M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Bolivia and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bolivia and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $168M to Bolivia. The main products exported from Japan to Bolivia were Cars ($61.1M), Delivery Trucks ($16.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.91M). During the last 5 years the exports of Japan to Bolivia have decreased at an annualized rate of 2.69%, from $193M in 2017 to $168M in 2022.

In 2017, Bolivia exported $963M to Japan. The main products exported from Bolivia to Japan were Zinc Ore ($803M), Precious Metal Ore ($129M), and Raw Tin ($19.6M). During the last 5 years the exports of Bolivia to Japan have increased at an annualized rate of 10.3%, from $589M in 2022 to $963M in 2017.

Exports from Japan (Flag) to Bolivia (Flag) (2022)

Exports from Bolivia (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Japan than Bolivia included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Bolivia than Japan included Argentina ($1.76B), San Marino ($78.6k), and Aruba ($48.5k).

Difference in imports from Bolivia (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Bolivia

Flow
Scale

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

During 2022, Japan had a large net trade with Bolivia in the exports of Transportation ($101M), Machines ($32.8M), and Instruments ($12.5M).

During 2017, Bolivia had a large net trade with Japan in the exports of Mineral Products ($934M), Metals ($21.9M), and Vegetable Products ($4.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Bolivia+$25MCars
Top Product Potential Bolivia Japan+$6.5MRaw Tin

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

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

Product Space of Japan (Flag) and Bolivia (Flag) (2022)

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