Poland (POL) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

About

Poland-Bolivia Trade: In 2022, Poland exported $11.4M to Bolivia. The main products that Poland exported to Bolivia were Stone Processing Machines ($1.19M), Electric Filament ($1.19M), and Malt Extract ($631k). Over the past 5 years the exports of Poland to Bolivia have increased at an annualized rate of 0.13%, from $11.3M in 2017 to $11.4M in 2022.

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

Bolivia-Poland Trade: In 2022, Bolivia exported $16.1M to Poland. The main products that Bolivia exported to Poland were Soybean Meal ($14.2M), Coconuts, Brazil Nuts, and Cashews ($742k), and Inorganic Salts ($398k). Over the past 5 years the exports of Bolivia to Poland have increased at an annualized rate of 3.11%, from $13.8M in 2017 to $16.1M in 2022.

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

Comparison: In 2022, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B). 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, Poland exported $11.4M to Bolivia. The main products exported from Poland to Bolivia were Stone Processing Machines ($1.19M), Electric Filament ($1.19M), and Malt Extract ($631k). During the last 5 years the exports of Poland to Bolivia have increased at an annualized rate of 0.13%, from $11.3M in 2017 to $11.4M in 2022.

In 2017, Bolivia exported $16.1M to Poland. The main products exported from Bolivia to Poland were Soybean Meal ($14.2M), Coconuts, Brazil Nuts, and Cashews ($742k), and Inorganic Salts ($398k). During the last 5 years the exports of Bolivia to Poland have increased at an annualized rate of 3.11%, from $13.8M in 2022 to $16.1M in 2017.

Exports from Poland () to Bolivia () (2022)

Exports from Bolivia () to Poland () (2022)

Latest Data

Trade between Poland () and Bolivia ()

Poland Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$93.1B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Poland than Bolivia included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

In 2022, countries that imported more from Bolivia than Poland included Argentina ($1.76B), Brazil ($1.89B), and Colombia ($1.06B).

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

Comparative Advantage Poland - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Poland had a large net trade with Bolivia in the exports of Machines ($5.53M), Instruments ($1M), and Plastics and Rubbers ($946k).

During 2017, Bolivia had a large net trade with Poland in the exports of Foodstuffs ($14.2M), Vegetable Products ($995k), and Chemical Products ($489k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Poland Bolivia+$1.03MRubber Tires

Top Product Potential Bolivia Poland+$6.95MSoybean Meal

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Poland () to Bolivia () (2022)

Exports from Bolivia () to Poland () (2022)

Latest Data

Trade between Poland () and Bolivia ()

Poland Exports

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Poland - Bolivia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring