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2023
Flag → Flag
Exports $50.2MRnk 104 / 217
2023
Flag → Flag
Top Product $42.5MRefined Petroleum
2023
Flag → Flag
Exports $556kRnk 73 / 136
2023
Flag → Flag
Top Product $209kBuckwheat
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

Singapore-Bolivia Trade: In 2023, Singapore exported $50.2M to Bolivia. The main products that Singapore exported to Bolivia were Refined Petroleum ($42.5M), Rubber Belting ($903k), and Antiknock ($828k). Over the past 5 years the exports of Singapore to Bolivia have decreased at an annualized rate of 20.4%, from $157M in 2018 to $50.2M in 2023.

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

Bolivia-Singapore Trade: In 2023, Bolivia exported $556k to Singapore. The main products that Bolivia exported to Singapore were Buckwheat ($209k), Other Oily Seeds ($135k), and Coconuts, Brazil Nuts, and Cashews ($65.9k). Over the past 5 years the exports of Bolivia to Singapore have decreased at an annualized rate of 16.7%,  from $1.39M in 2018 to $556k in 2023.

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

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). 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, Singapore exported $50.2M to Bolivia. The main products exported from Singapore to Bolivia were Refined Petroleum ($42.5M), Rubber Belting ($903k), and Antiknock ($828k). During the last 5 years the exports of Singapore to Bolivia have decreased at an annualized rate of 20.4%, from $157M in 2018 to $50.2M in 2023.

In 2018, Bolivia exported $556k to Singapore. The main products exported from Bolivia to Singapore were Buckwheat ($209k), Other Oily Seeds ($135k), and Coconuts, Brazil Nuts, and Cashews ($65.9k). During the last 5 years the exports of Bolivia to Singapore have decreased at an annualized rate of 16.7%, from $1.39M in 2023 to $556k in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Bolivia (Flag)

Singapore Exports

Bolivia Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Singapore than Bolivia included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Bolivia than Singapore included Argentina ($1.15B), Peru ($622M), and Colombia ($687M).

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

Comparative Advantage Singapore - Bolivia

Flow
Scale

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

During 2023, Singapore had a large net trade with Bolivia in the exports of Mineral Products ($42.5M), Machines ($1.99M), and Plastics and Rubbers ($1.64M).

During 2018, Bolivia had a large net trade with Singapore in the exports of Vegetable Products ($440k), Instruments ($30.2k), and Foodstuffs ($30.1k).

Economic Complexity

Competitive Landscape

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

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

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