Estonia (EST) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Estonia-Bolivia Trade: In 2022, Estonia exported $5.09M to Bolivia. The main products that Estonia exported to Bolivia were Tractors ($2.51M), Delivery Trucks ($1.44M), and Stone Processing Machines ($539k). Over the past 5 years the exports of Estonia to Bolivia have increased at an annualized rate of 16.4%, from $2.38M in 2017 to $5.09M in 2022.

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

Bolivia-Estonia Trade: In 2022, Bolivia exported $300k to Estonia. The main products that Bolivia exported to Estonia were Coconuts, Brazil Nuts, and Cashews ($241k), Shaped Wood ($44.4k), and Ground Nuts ($6.95k). Over the past 5 years the exports of Bolivia to Estonia have increased at an annualized rate of 14.2%, from $135k in 2017 to $300k in 2022.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $5.09M to Bolivia. The main products exported from Estonia to Bolivia were Tractors ($2.51M), Delivery Trucks ($1.44M), and Stone Processing Machines ($539k). During the last 5 years the exports of Estonia to Bolivia have increased at an annualized rate of 16.4%, from $2.38M in 2017 to $5.09M in 2022.

In 2017, Bolivia exported $300k to Estonia. The main products exported from Bolivia to Estonia were Coconuts, Brazil Nuts, and Cashews ($241k), Shaped Wood ($44.4k), and Ground Nuts ($6.95k). During the last 5 years the exports of Bolivia to Estonia have increased at an annualized rate of 14.2%, from $135k in 2022 to $300k in 2017.

Exports from Estonia () to Bolivia () (2022)

Exports from Bolivia () to Estonia () (2022)

Latest Data

Trade between Estonia () and Bolivia ()

Estonia Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Estonia than Bolivia included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

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

Comparative Advantage Estonia - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Bolivia in the exports of Transportation ($4.14M), Machines ($817k), and Plastics and Rubbers ($76.4k).

During 2017, Bolivia had a large net trade with Estonia in the exports of Vegetable Products ($253k), Wood Products ($44.4k), and Machines ($1.05k).

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 Estonia and Bolivia. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Estonia.

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Bolivia () (2022)

Exports from Bolivia () to Estonia () (2022)

Latest Data

Trade between Estonia () and Bolivia ()

Estonia Exports

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Estonia - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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