2022
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GDP
$301BCURRENT US$
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GDP GROWTH
68.2%CURRENT US$
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 GDP
$43.1BCURRENT US$
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GDP GROWTH
59%CURRENT US$
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GDP PC 
$15,892CURRENT US$
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GDP PC GROWTH
77.9%CURRENT US$
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$3,523CURRENT US$
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37.5%CURRENT US$
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About

Romania-Bolivia In 2022, Romania exported $7.51M to Bolivia. The main products that Romania exported to Bolivia are Packaged Medicaments ($3.27M), Non-Knit Women's Undergarments ($599k), and Rubber Tires ($454k). During the last 27 years the exports of Romania to Bolivia have increased at an annualized rate of 14.1%, from $214k in 1995 to $7.51M in 2022.

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

Bolivia-Romania In 2022, Bolivia exported $11.5M to Romania. The main products that Bolivia exported to Romania were Iron Ore ($11.3M), Prepared Wool or Animal Hair ($228k), and Interchangeable Tool Parts ($8.05k). During the last 27 years the exports of Bolivia to Romania have increased at an annualized rate of 29.3%, from $11.2k in 1995 to $11.5M in 2022.

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

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Bolivia ranked 98 in the Economic Complexity Index (ECI -0.9), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $7.51M to Bolivia. The main products exported from Romania to Bolivia were Packaged Medicaments ($3.27M), Non-Knit Women's Undergarments ($599k), and Rubber Tires ($454k). During the last 27 years the exports of Romania to Bolivia have increased at an annualized rate of 14.1%, from $214k in 1995 to $7.51M in 2022.

In 2022, Bolivia exported $11.5M to Romania. The main products exported from Bolivia to Romania were Iron Ore ($11.3M), Prepared Wool or Animal Hair ($228k), and Interchangeable Tool Parts ($8.05k). During the last 27 years the exports of Bolivia to Romania have increased at an annualized rate of 29.3%, from $11.2k in 1995 to $11.5M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Bolivia (Flag)

Romania Exports

Bolivia Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Romania than Bolivia were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2021, countries that imported more from Bolivia than Romania were India ($2.27B), Argentina ($1.76B), and Brazil ($1.89B).

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

Comparative Advantage Romania - Bolivia

Flow
Scale

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

During 2022, Romania had a large net trade with Bolivia in the exports of Chemical Products ($3.64M), Machines ($1.54M), and Plastics and Rubbers ($756k).

During 2022, Bolivia had a large net trade with Romania in the exports of Mineral Products ($11.3M), Textiles ($228k), and Metals ($8.05k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Romania has comparative advantage over Bolivia. Similarly, the more yellow a dot/product is, the more Bolivia has comparative advantage over Romania.

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

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