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Pricing

2022
Flag → Flag
Exports $8MRnk 126 / 208
2022
Flag → Flag
Top Product $668kOther Heating Machinery
2022
Flag → Flag
Exports $4.73MRnk 41 / 146
2022
Flag → Flag
Top Product $1.26MPlywood
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

Portugal-Bolivia Trade: In 2022, Portugal exported $8M to Bolivia. The main products that Portugal exported to Bolivia were Other Heating Machinery ($668k), Electric Generating Sets ($485k), and Hat Shapes ($392k). Over the past 5 years the exports of Portugal to Bolivia have decreased at an annualized rate of 4.79%, from $10.2M in 2017 to $8M in 2022.

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

Bolivia-Portugal Trade: In 2022, Bolivia exported $4.73M to Portugal. The main products that Bolivia exported to Portugal were Plywood ($1.26M), Veneer Sheets ($1.04M), and Tanned Equine and Bovine Hides ($829k). Over the past 5 years the exports of Bolivia to Portugal have increased at an annualized rate of 22.1%,  from $1.74M in 2017 to $4.73M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €678k and imported €266k from Bolivia, resulting in a positive trade balance of €412k. Between June 2023 and June 2024 the exports of Portugal have increased by €356k (111%) from €322k to €678k, while imports decreased by €-48.5k (-15.4%) from €315k to €266k.

Trade In June 2024, the top exports of Portugal to Bolivia were Machinery, mechanical appliances, & parts (€90.2k), Headgear (€74.5k), Pharmaceutical products (€47k), Beverages, spirits, & vinegar (€36.3k), and Cars, tractors, trucks & parts thereof. (€10.3k). In June 2024 the top imports of Portugal from Bolivia were Wood, wood articles, & charcoal (€216k), Wool & animal hair (€10.3k), Knitted clothing accesories (€415), Man-made filaments (€119), and Live animals (€0).

Growth In June 2024, the increase in Portugal's year-by-year exports to Bolivia was explained primarily by an increase in product exports in Machinery, mechanical appliances, & parts (€87.1k or 2.8k%) and Cars, tractors, trucks & parts thereof. (€8.11k or 368%). In June 2024, the decrease in Portugal's year-by-year imports  from Bolivia was explained primarily by an decrease in product imports  in Animal or vegetable fats, oils, &... (€-73.1k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€356k(111%)
IMPORT GROWTH (June 2023 - June 2024)€-48.5k(-15.4%)

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

To check Bolivia and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bolivia and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $8M to Bolivia. The main products exported from Portugal to Bolivia were Other Heating Machinery ($668k), Electric Generating Sets ($485k), and Hat Shapes ($392k). During the last 5 years the exports of Portugal to Bolivia have decreased at an annualized rate of 4.79%, from $10.2M in 2017 to $8M in 2022.

In 2017, Bolivia exported $4.73M to Portugal. The main products exported from Bolivia to Portugal were Plywood ($1.26M), Veneer Sheets ($1.04M), and Tanned Equine and Bovine Hides ($829k). During the last 5 years the exports of Bolivia to Portugal have increased at an annualized rate of 22.1%, from $1.74M in 2022 to $4.73M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Portugal than Bolivia included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Bolivia than Portugal included India ($2.27B), Argentina ($1.76B), and Colombia ($1.06B).

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

Comparative Advantage Portugal - Bolivia

Flow
Scale

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

During 2022, Portugal had a large net trade with Bolivia in the exports of Machines ($2.47M), Metals ($1.34M), and Stone And Glass ($824k).

During 2017, Bolivia had a large net trade with Portugal in the exports of Wood Products ($2.77M), Animal Hides ($829k), and Animal and Vegetable Bi-Products ($589k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Bolivia+$593kPackaged Medicaments
Top Product Potential Bolivia Portugal+$220kCoconuts, Brazil Nuts, and Cashews

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

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

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