Kazakhstan (KAZ) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Kazakhstan-Bolivia Trade: In 2022, Kazakhstan exported $54.4k to Bolivia. The main products that Kazakhstan exported to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($46.8k), Ferroalloys ($4.85k), and Ball Bearings ($2.69k). Over the past 5 years the exports of Kazakhstan to Bolivia have decreased at an annualized rate of 14.3%, from $118k in 2017 to $54.4k in 2022.

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

Bolivia-Kazakhstan Trade: In 2022, Bolivia exported $4.8M to Kazakhstan. The main products that Bolivia exported to Kazakhstan were Precious Metal Ore ($2.76M), Raw Tin ($1.16M), and Copper Ore ($449k). Over the past 5 years the exports of Bolivia to Kazakhstan have increased at an annualized rate of 41%, from $611k in 2017 to $4.8M in 2022.

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

Comparison: In 2022, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). 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, Kazakhstan exported $54.4k to Bolivia. The main products exported from Kazakhstan to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($46.8k), Ferroalloys ($4.85k), and Ball Bearings ($2.69k). During the last 5 years the exports of Kazakhstan to Bolivia have decreased at an annualized rate of 14.3%, from $118k in 2017 to $54.4k in 2022.

In 2017, Bolivia exported $4.8M to Kazakhstan. The main products exported from Bolivia to Kazakhstan were Precious Metal Ore ($2.76M), Raw Tin ($1.16M), and Copper Ore ($449k). During the last 5 years the exports of Bolivia to Kazakhstan have increased at an annualized rate of 41%, from $611k in 2022 to $4.8M in 2017.

Exports from Kazakhstan () to Bolivia () (2022)

Exports from Bolivia () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Bolivia ()

Kazakhstan Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Kazakhstan than Bolivia included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

In 2022, countries that imported more from Bolivia than Kazakhstan included Brazil ($1.89B), Argentina ($1.76B), and Colombia ($1.06B).

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

Comparative Advantage Kazakhstan - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kazakhstan had a large net trade with Bolivia in the exports of Transportation ($46.8k), Metals ($4.85k), and Machines ($2.75k).

During 2017, Bolivia had a large net trade with Kazakhstan in the exports of Mineral Products ($3.21M), Metals ($1.16M), and Vegetable Products ($277k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Bolivia+$73.1kMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Bolivia Kazakhstan+$1.6MPrecious Metal Ore

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

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Bolivia () (2022)

Exports from Bolivia () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Bolivia ()

Kazakhstan Exports

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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