Chinese Taipei (TWN) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Bolivia Trade: In 2022, Chinese Taipei exported $34.2M to Bolivia. The main products that Chinese Taipei exported to Bolivia were Styrene Polymers ($8.39M), Polyacetals ($1.95M), and Broadcasting Equipment ($1.72M). Over the past 5 years the exports of Chinese Taipei to Bolivia have increased at an annualized rate of 1.49%, from $31.8M in 2017 to $34.2M in 2022.

In 2022, Chinese Taipei did not export any services to Bolivia.

Bolivia-Chinese Taipei Trade: In 2022, Bolivia exported $2.53M to Chinese Taipei. The main products that Bolivia exported to Chinese Taipei were Other Oily Seeds ($1.06M), Scrap Aluminium ($440k), and Coffee ($283k). Over the past 5 years the exports of Bolivia to Chinese Taipei have increased at an annualized rate of 19.3%, from $1.05M in 2017 to $2.53M in 2022.

In 2022, Bolivia did not export any services to Chinese Taipei.

Comparison: In 2022, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $34.2M to Bolivia. The main products exported from Chinese Taipei to Bolivia were Styrene Polymers ($8.39M), Polyacetals ($1.95M), and Broadcasting Equipment ($1.72M). During the last 5 years the exports of Chinese Taipei to Bolivia have increased at an annualized rate of 1.49%, from $31.8M in 2017 to $34.2M in 2022.

In 2017, Bolivia exported $2.53M to Chinese Taipei. The main products exported from Bolivia to Chinese Taipei were Other Oily Seeds ($1.06M), Scrap Aluminium ($440k), and Coffee ($283k). During the last 5 years the exports of Bolivia to Chinese Taipei have increased at an annualized rate of 19.3%, from $1.05M in 2022 to $2.53M in 2017.

Exports from Chinese Taipei () to Bolivia () (2022)

Exports from Bolivia () to Chinese Taipei () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Chinese Taipei than Bolivia included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

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

Difference in imports from Bolivia () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Bolivia in the exports of Plastics and Rubbers ($14.7M), Machines ($9.98M), and Metals ($2.75M).

During 2017, Bolivia had a large net trade with Chinese Taipei in the exports of Vegetable Products ($1.56M), Metals ($830k), and Machines ($85.9k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Chinese Taipei () to Bolivia () (2022)

Exports from Bolivia () to Chinese Taipei () (2022)

Market Competitiveness

Difference in imports from Bolivia () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Chinese Taipei () and Bolivia () (2022)

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