2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
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GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
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GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Sweden-Bolivia In 2022, Sweden exported $58.2M to Bolivia. The main products that Sweden exported to Bolivia are Gas Turbines ($15.2M), Tractors ($13.5M), and Large Construction Vehicles ($5.06M). During the last 27 years the exports of Sweden to Bolivia have increased at an annualized rate of 1.38%, from $40.2M in 1995 to $58.2M in 2022.

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

Bolivia-Sweden In 2022, Bolivia exported $2.12M to Sweden. The main products that Bolivia exported to Sweden were Seats ($952k), Other Furniture ($730k), and Coffee ($109k). During the last 27 years the exports of Bolivia to Sweden have increased at an annualized rate of 4.42%, from $658k in 1995 to $2.12M in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). 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, Sweden exported $58.2M to Bolivia. The main products exported from Sweden to Bolivia were Gas Turbines ($15.2M), Tractors ($13.5M), and Large Construction Vehicles ($5.06M). During the last 27 years the exports of Sweden to Bolivia have increased at an annualized rate of 1.38%, from $40.2M in 1995 to $58.2M in 2022.

In 2022, Bolivia exported $2.12M to Sweden. The main products exported from Bolivia to Sweden were Seats ($952k), Other Furniture ($730k), and Coffee ($109k). During the last 27 years the exports of Bolivia to Sweden have increased at an annualized rate of 4.42%, from $658k in 1995 to $2.12M in 2022.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Sweden than Bolivia were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2021, countries that imported more from Bolivia than Sweden were Argentina ($1.76B), Colombia ($1.06B), and Peru ($885M).

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

Comparative Advantage Sweden - Bolivia

Flow
Scale

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

During 2022, Sweden had a large net trade with Bolivia in the exports of Machines ($30.7M), Transportation ($18.5M), and Metals ($3.08M).

During 2022, Bolivia had a large net trade with Sweden in the exports of Miscellaneous ($1.68M), Vegetable Products ($213k), and Textiles ($96.8k).

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 Sweden has comparative advantage over Bolivia. Similarly, the more yellow a dot/product is, the more Bolivia has comparative advantage over Sweden.

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

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