2023
Flag  
GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
 GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC 
$12,919CURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC
$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195

About

Kazakhstan-Bolivia Trade: In 2023, Kazakhstan exported $10.8M to Bolivia. The main products that Kazakhstan exported to Bolivia were Refined Petroleum ($6.82M), Asphalt Mixtures ($3.87M), and Sulphur ($89.4k). Over the past 5 years the exports of Kazakhstan to Bolivia have increased at an annualized rate of 204%, from $41.2k in 2018 to $10.8M in 2023.

In 2023, Kazakhstan did not export any services to Bolivia.

Bolivia-Kazakhstan Trade: In 2023, Bolivia exported $262k to Kazakhstan. The main products that Bolivia exported to Kazakhstan were Precious Metal Ore ($158k), Coconuts, Brazil Nuts, and Cashews ($100k), and Valves ($1.48k). Over the past 5 years the exports of Bolivia to Kazakhstan have increased at an annualized rate of 26.3%,  from $81.3k in 2018 to $262k in 2023.

In 2023, Bolivia did not export any services to Kazakhstan.

Comparison: In 2023,  Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). That same year, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kazakhstan exported $10.8M to Bolivia. The main products exported from Kazakhstan to Bolivia were Refined Petroleum ($6.82M), Asphalt Mixtures ($3.87M), and Sulphur ($89.4k). During the last 5 years the exports of Kazakhstan to Bolivia have increased at an annualized rate of 204%, from $41.2k in 2018 to $10.8M in 2023.

In 2018, Bolivia exported $262k to Kazakhstan. The main products exported from Bolivia to Kazakhstan were Precious Metal Ore ($158k), Coconuts, Brazil Nuts, and Cashews ($100k), and Valves ($1.48k). During the last 5 years the exports of Bolivia to Kazakhstan have increased at an annualized rate of 26.3%, from $81.3k in 2023 to $262k in 2018.

Exports from Kazakhstan (Flag) to Bolivia (Flag) (2023)

Exports from Bolivia (Flag) to Kazakhstan (Flag) (2023)

Latest Data

Trade between Kazakhstan (Flag) and Bolivia (Flag)

Kazakhstan Exports

Bolivia Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$15.2B
Bolivia
Top Destination
Brazil$1.54B

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 2023, countries that imported more from Kazakhstan than Bolivia included United Kingdom ($14.3B), China ($15.2B), and Russia ($9.78B).

In 2023, countries that imported more from Bolivia than Kazakhstan included Brazil ($1.54B), Argentina ($1.15B), and India ($1.33B).

Difference in imports from Bolivia (Flag) and Kazakhstan (Flag) (2023)

Comparative Advantage Kazakhstan - Bolivia

Flow
Scale

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

During 2023, Kazakhstan had a large net trade with Bolivia in the exports of Mineral Products ($10.8M), Machines ($2.95k), and Textiles ($2.65k).

During 2018, Bolivia had a large net trade with Kazakhstan in the exports of Mineral Products ($158k), Vegetable Products ($102k), and Machines ($1.93k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Kazakhstan (Flag) and Bolivia (Flag) (2023)

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