Nepal (NPL) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Nepal-Bolivia Trade: In 2022, Nepal exported $1.93k to Bolivia. The main products that Nepal exported to Bolivia were Trunks and Cases ($877), Packing Bags ($819), and Percussion ($188). Over the past 5 years the exports of Nepal to Bolivia have decreased at an annualized rate of 22.5%, from $6.91k in 2017 to $1.93k in 2022.

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

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

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

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B), 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, Nepal exported $1.93k to Bolivia. The main products exported from Nepal to Bolivia were Trunks and Cases ($877), Packing Bags ($819), and Percussion ($188). During the last 5 years the exports of Nepal to Bolivia have decreased at an annualized rate of 22.5%, from $6.91k in 2017 to $1.93k in 2022.

Bolivia does not register exports to Nepal. The main products exported from Bolivia to Nepal were Industrial Fatty Acids, Oils and Alcohols ($55), Knit Socks and Hosiery ($29), and Non-Retail Synthetic Staple Fibers Yarn ($11).

Exports from Nepal () to Bolivia () (2022)

Exports from Bolivia () to Nepal () (2022)

Latest Data

Trade between Nepal () and Bolivia ()

Bolivia Exports

Date

Sep 2019

Jul 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Nepal than Bolivia included Singapore ($25.5M), Central African Republic ($8.88M), and Denmark ($8.07M).

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

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

Comparative Advantage Nepal - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nepal had a large net trade with Bolivia in the exports of Animal Hides ($877), Textiles ($819), and Instruments ($188).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Bolivia+$3.94kTrunks and Cases

Top Product Potential Bolivia Nepal+$4.18kPetroleum Gas

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Bolivia () (2022)

Exports from Bolivia () to Nepal () (2022)

Latest Data

Trade between Nepal () and Bolivia ()

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Nepal - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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