2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Netherlands-Bolivia Trade: In 2022, Netherlands exported $94.6M to Bolivia. The main products that Netherlands exported to Bolivia were Tractors ($31.7M), Refined Petroleum ($21.3M), and Delivery Trucks ($4.1M). Over the past 5 years the exports of Netherlands to Bolivia have increased at an annualized rate of 7.45%, from $66M in 2017 to $94.6M in 2022.

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

Bolivia-Netherlands Trade: In 2022, Bolivia exported $247M to Netherlands. The main products that Bolivia exported to Netherlands were Raw Tin ($174M), Alcohol > 80% ABV ($30M), and Precious Metal Ore ($14.2M). Over the past 5 years the exports of Bolivia to Netherlands have increased at an annualized rate of 4.23%,  from $163M in 2017 to $247M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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
Value

In 2022, Netherlands exported $94.6M to Bolivia. The main products exported from Netherlands to Bolivia were Tractors ($31.7M), Refined Petroleum ($21.3M), and Delivery Trucks ($4.1M). During the last 5 years the exports of Netherlands to Bolivia have increased at an annualized rate of 7.45%, from $66M in 2017 to $94.6M in 2022.

In 2017, Bolivia exported $247M to Netherlands. The main products exported from Bolivia to Netherlands were Raw Tin ($174M), Alcohol > 80% ABV ($30M), and Precious Metal Ore ($14.2M). During the last 5 years the exports of Bolivia to Netherlands have increased at an annualized rate of 4.23%, from $163M in 2022 to $247M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Bolivia
Top Destination
India$2.27B

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

In 2022, countries that imported more from Netherlands than Bolivia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Bolivia than Netherlands included Argentina ($1.76B), Peru ($885M), and Colombia ($1.06B).

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

Comparative Advantage Netherlands - Bolivia

Flow
Scale

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

During 2022, Netherlands had a large net trade with Bolivia in the exports of Transportation ($36.7M), Mineral Products ($21.4M), and Machines ($12.1M).

During 2017, Bolivia had a large net trade with Netherlands in the exports of Metals ($174M), Foodstuffs ($30.3M), and Mineral Products ($22.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Bolivia+$31.4MRefined Petroleum
Top Product Potential Bolivia Netherlands+$1.03MLead 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 Netherlands and Bolivia. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Netherlands.

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

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