2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Bolivia-Argentina Trade: In 2022, Bolivia exported $1.76B to Argentina. The main products that Bolivia exported to Argentina were Petroleum Gas ($1.34B), Soybeans ($250M), and Nitrogenous Fertilizers ($88.7M). Over the past 5 years the exports of Bolivia to Argentina have increased at an annualized rate of 6.71%, from $1.27B in 2017 to $1.76B in 2022.

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

Argentina-Bolivia Trade: In 2022, Argentina exported $556M to Bolivia. The main products that Argentina exported to Bolivia were Wheat Flours ($62.5M), Pesticides ($48.7M), and Refined Petroleum ($38.7M). Over the past 5 years the exports of Argentina to Bolivia have decreased at an annualized rate of 2.08%,  from $618M in 2017 to $556M in 2022.

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

Comparison: In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $1.76B to Argentina. The main products exported from Bolivia to Argentina were Petroleum Gas ($1.34B), Soybeans ($250M), and Nitrogenous Fertilizers ($88.7M). During the last 5 years the exports of Bolivia to Argentina have increased at an annualized rate of 6.71%, from $1.27B in 2017 to $1.76B in 2022.

In 2017, Argentina exported $556M to Bolivia. The main products exported from Argentina to Bolivia were Wheat Flours ($62.5M), Pesticides ($48.7M), and Refined Petroleum ($38.7M). During the last 5 years the exports of Argentina to Bolivia have decreased at an annualized rate of 2.08%, from $618M in 2022 to $556M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Argentina
Top Destination
Brazil$12.6B

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

In 2022, countries that imported more from Bolivia than Argentina included United Arab Emirates ($514M), Japan ($963M), and Hong Kong ($139M).

In 2022, countries that imported more from Argentina than Bolivia included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

Comparative Advantage Bolivia - Argentina

Flow
Scale

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

During 2022, Bolivia had a large net trade with Argentina in the exports of Mineral Products ($1.36B), Vegetable Products ($298M), and Chemical Products ($91.1M).

During 2017, Argentina had a large net trade with Bolivia in the exports of Chemical Products ($112M), Vegetable Products ($102M), and Foodstuffs ($70.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Argentina+$10.1MNitrogenous Fertilizers
Top Product Potential Argentina Bolivia+$11.2MDelivery Trucks

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with