2022
Flag  
GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 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 
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 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

Peru-Bolivia Trade: In 2022, Peru exported $813M to Bolivia. The main products that Peru exported to Bolivia were Refined Petroleum ($168M), Raw Iron Bars ($95.3M), and Raw Plastic Sheeting ($36M). Over the past 5 years the exports of Peru to Bolivia have increased at an annualized rate of 5.17%, from $632M in 2017 to $813M in 2022.

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

Bolivia-Peru Trade: In 2022, Bolivia exported $885M to Peru. The main products that Bolivia exported to Peru were Soybean Meal ($307M), Soybean Oil ($180M), and Soybeans ($53.3M). Over the past 5 years the exports of Bolivia to Peru have increased at an annualized rate of 5.92%,  from $352M in 2017 to $885M in 2022.

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

Comparison: In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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, Peru exported $813M to Bolivia. The main products exported from Peru to Bolivia were Refined Petroleum ($168M), Raw Iron Bars ($95.3M), and Raw Plastic Sheeting ($36M). During the last 5 years the exports of Peru to Bolivia have increased at an annualized rate of 5.17%, from $632M in 2017 to $813M in 2022.

In 2017, Bolivia exported $885M to Peru. The main products exported from Bolivia to Peru were Soybean Meal ($307M), Soybean Oil ($180M), and Soybeans ($53.3M). During the last 5 years the exports of Bolivia to Peru have increased at an annualized rate of 5.92%, from $352M in 2022 to $885M in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Bolivia (Flag)

Peru Exports

Bolivia Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Bolivia
Top Destination
India$2.27B

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

In 2022, countries that imported more from Peru than Bolivia included China ($17.6B), United States ($8.69B), and Canada ($2.69B).

In 2022, countries that imported more from Bolivia than Peru included Argentina ($1.76B), Brazil ($1.89B), and Australia ($194M).

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

Comparative Advantage Peru - Bolivia

Flow
Scale

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

During 2022, Peru had a large net trade with Bolivia in the exports of Mineral Products ($178M), Metals ($177M), and Chemical Products ($156M).

During 2017, Bolivia had a large net trade with Peru in the exports of Foodstuffs ($372M), Animal and Vegetable Bi-Products ($193M), and Vegetable Products ($127M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Bolivia+$23.2MRefined Petroleum
Top Product Potential Bolivia Peru+$22.7MPetroleum Gas

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with