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2022
Flag → Flag
Exports $2.27BRnk 1 / 146
2022
Flag → Flag
Top Product $2.26BGold
2022
Flag → Flag
Exports $124MRnk 136 / 217
2022
Flag → Flag
Top Product $25.9MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Bolivia-India Trade: In 2022, Bolivia exported $2.27B to India. The main products that Bolivia exported to India were Gold ($2.26B), Precious Metal Ore ($2.64M), and Aluminium Ore ($1.96M). Over the past 5 years the exports of Bolivia to India have increased at an annualized rate of 31.4%, from $578M in 2017 to $2.27B in 2022.

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

India-Bolivia Trade: In 2022, India exported $124M to Bolivia. The main products that India exported to Bolivia were Packaged Medicaments ($25.9M), Cars ($14.2M), and Motorcycles and cycles ($9.03M). Over the past 5 years the exports of India to Bolivia have decreased at an annualized rate of 0.83%,  from $129M in 2017 to $124M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $39.1M and imported $17.2M from India, resulting in a positive trade balance of $21.8M. Between December 2022 and December 2023 the exports of Bolivia have increased by $14.1M (56.3%) from $25M to $39.1M, while imports decreased by $-7.12M (-29.2%) from $24.4M to $17.2M.

Trade In December 2023, the top exports of Bolivia to India were Gold, non-monetary (excluding gold ores and... ($388k), Ores and concentrates of other non-ferrous... ($94.1k), and Other non-ferrous base metal waste and... ($5.46k). In December 2023 the top imports of Bolivia from India were Motor vehicles for the transport of... ($2.93M), Other office machines (e.g., hectograph or... ($1.76M), Wheeled tractors (other than those of... ($1.64M), Motor cycles (including mopeds) and cycles... ($1.59M), and Vehicles specially designed for travelling on... ($1.18M).

Origins In December 2023 the exports of Bolivia were mainly from La Paz ($17.5M), Beni ($8.35M), Santa Cruz ($6.1M), Oruro ($4.12M), and Cochabamba ($2.41M), while imports destinations were mainly Santa Cruz ($8.16M), Oruro ($4.58M), La Paz ($3.35M), Cochabamba ($770k), and Chuquisaca ($343k).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2022 - December 2023)$14.1M(56.3%)
IMPORT GROWTH (December 2022 - December 2023)$-7.12M(-29.2%)
MAIN EXPORTER (December 2023)La Paz$17.5M

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

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

For full datasets download visit Bulk Download page.

Explore India and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $2.27B to India. The main products exported from Bolivia to India were Gold ($2.26B), Precious Metal Ore ($2.64M), and Aluminium Ore ($1.96M). During the last 5 years the exports of Bolivia to India have increased at an annualized rate of 31.4%, from $578M in 2017 to $2.27B in 2022.

In 2017, India exported $124M to Bolivia. The main products exported from India to Bolivia were Packaged Medicaments ($25.9M), Cars ($14.2M), and Motorcycles and cycles ($9.03M). During the last 5 years the exports of India to Bolivia have decreased at an annualized rate of 0.83%, from $129M in 2022 to $124M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
India
Top DestinationUnited States$82.9B

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

In 2022, countries that imported more from Bolivia than India included Argentina ($1.76B).

In 2022, countries that imported more from India than Bolivia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Bolivia - India

Flow
Scale

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

During 2022, Bolivia had a large net trade with India in the exports of Precious Metals ($2.26B), Mineral Products ($5.51M), and Metals ($571k).

During 2017, India had a large net trade with Bolivia in the exports of Chemical Products ($48.3M), Transportation ($29.3M), and Machines ($11.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia India+$3.91MPrecious Metal Ore
Top Product Potential India Bolivia+$18.3MRefined Petroleum

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

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

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