Zimbabwe (ZWE) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Zimbabwe-Bolivia Trade: In 2022, Zimbabwe exported $209 to Bolivia. The main products that Zimbabwe exported to Bolivia were Excavation Machinery ($123), Sowing Seeds ($82), and Other Iron Products ($4). Over the past 6 years the exports of Zimbabwe to Bolivia have increased at an annualized rate of 45.5%, from $22 in 2016 to $209 in 2022.

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

Bolivia-Zimbabwe In N/A, Bolivia did not export any products to Zimbabwe.

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

Comparison: In 2022, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B). 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, Zimbabwe exported $209 to Bolivia. The main products exported from Zimbabwe to Bolivia were Excavation Machinery ($123), Sowing Seeds ($82), and Other Iron Products ($4). During the last 6 years the exports of Zimbabwe to Bolivia have increased at an annualized rate of 45.5%, from $22 in 2016 to $209 in 2022.

Bolivia does not register exports to Zimbabwe.

Exports from Zimbabwe () to Bolivia () (2022)

Exports from Bolivia () to Zimbabwe () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Zimbabwe than Bolivia included United Arab Emirates ($4.78B), South Africa ($1.47B), and Mozambique ($191M).

In 2022, countries that imported more from Bolivia than Zimbabwe included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

Difference in imports from Bolivia () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Zimbabwe had a large net trade with Bolivia in the exports of Machines ($123), Vegetable Products ($82), and Metals ($4).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Bolivia+$1.71kFerroalloys

Top Product Potential Bolivia Zimbabwe+$2.82kGold

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Bolivia () (2022)

Exports from Bolivia () to Zimbabwe () (2022)

Market Competitiveness

Difference in imports from Bolivia () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Zimbabwe () and Bolivia () (2022)

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