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Pricing

2022
Flag → Flag
Exports $544MRnk 101 / 219
2022
Flag → Flag
Top Product $53.6MRefined Petroleum
2022
Flag → Flag
Exports $389MRnk 11 / 146
2022
Flag → Flag
Top Product $171MRaw Tin
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

United States-Bolivia Trade: In 2022, United States exported $544M to Bolivia. The main products that United States exported to Bolivia were Refined Petroleum ($53.6M), Planes, Helicopters, and/or Spacecraft ($33.2M), and Computers ($24.5M). Over the past 5 years the exports of United States to Bolivia have decreased at an annualized rate of 3.71%, from $657M in 2017 to $544M in 2022.

In 2022, United States did not export any services to Bolivia.

Bolivia-United States Trade: In 2022, Bolivia exported $389M to United States. The main products that Bolivia exported to United States were Raw Tin ($171M), Coconuts, Brazil Nuts, and Cashews ($43.2M), and Buckwheat ($20.1M). Over the past 5 years the exports of Bolivia to United States have decreased at an annualized rate of 10.6%,  from $681M in 2017 to $389M in 2022.

In 2022, Bolivia did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Bolivia to the United States. Conversely, were notable for importing products to Bolivia from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $27.1M and imported $57M from Bolivia, resulting in a negative trade balance of $30M. Between August 2023 and August 2024 the exports of United States have decreased by $-34.5M (-56%) from $61.5M to $27.1M, while imports increased by $10.2M (21.7%) from $46.9M to $57M.

Trade In August 2024, the top exports of United States to Bolivia were Aircraft Parts ($4.21M), Telephones ($2.18M), Antiknock ($1.62M), Sorghum ($1.48M), and Ethylene Polymers ($1.27M). In August 2024 the top imports of United States from Bolivia were Raw Tin ($14M), Tungsten Ore ($1.97M), Buckwheat ($1.47M), Inorganic Salts ($991k), and Jewellery ($833k).

Origins In August 2024 the exports of United States were mainly from Florida ($10.7M), Texas ($4.82M), California ($1.72M), Illinois ($1.63M), and West Virginia ($1.43M), while imports destinations were mainly New Jersey ($21M), Texas ($11.7M), Maryland ($8.99M), New York ($2.91M), and Florida ($2.52M).

Growth In August 2024, the decrease in United States's year-by-year exports to Bolivia was explained primarily by an decrease in product exports in Computers ($-1.79M or -73.8%), Telephones ($-1.52M or -41.1%), and Laboratory Reagents ($-1.4M or -65.6%). In August 2024, the increase in United States's year-by-year imports  from Bolivia was explained primarily by an increase in product imports  in Tungsten Ore ($908k or 85.8%), Other Inedible Animal Products ($344k or 136%), and Hat Forms ($188k or 82%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-34.5M(-56%)
IMPORT GROWTH (August 2023 - August 2024)$10.2M(21.7%)
MAIN EXPORTER (August 2024)Florida$10.7M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Bolivia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bolivia and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $544M to Bolivia. The main products exported from United States to Bolivia were Refined Petroleum ($53.6M), Planes, Helicopters, and/or Spacecraft ($33.2M), and Computers ($24.5M). During the last 5 years the exports of United States to Bolivia have decreased at an annualized rate of 3.71%, from $657M in 2017 to $544M in 2022.

In 2017, Bolivia exported $389M to United States. The main products exported from Bolivia to United States were Raw Tin ($171M), Coconuts, Brazil Nuts, and Cashews ($43.2M), and Buckwheat ($20.1M). During the last 5 years the exports of Bolivia to United States have decreased at an annualized rate of 10.6%, from $681M in 2022 to $389M in 2017.

Exports from United States (Flag) to Bolivia (Flag) (2022)

Exports from Bolivia (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from United States than Bolivia included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, no countries were registered that imported more from Bolivia than from United States.

Difference in imports from Bolivia (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Bolivia

Flow
Scale

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

During 2022, United States had a large net trade with Bolivia in the exports of Machines ($182M), Chemical Products ($79.1M), and Transportation ($67.6M).

During 2017, Bolivia had a large net trade with United States in the exports of Metals ($174M), Vegetable Products ($73.6M), and Precious Metals ($28.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Bolivia+$84.1MRefined Petroleum
Top Product Potential Bolivia United States+$25.9MGold

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.

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Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Bolivia (Flag) (2022)

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