2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Bolivia-Netherlands Trade: In 2022, Bolivia exported $247M to Netherlands. The main products that Bolivia exported to Netherlands were Raw Tin ($174M), Alcohol > 80% ABV ($30M), and Precious Metal Ore ($14.2M). Over the past 5 years the exports of Bolivia to Netherlands have increased at an annualized rate of 8.65%, from $163M in 2017 to $247M in 2022.

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

Netherlands-Bolivia Trade: In 2022, Netherlands exported $94.6M to Bolivia. The main products that Netherlands exported to Bolivia were Tractors ($31.7M), Refined Petroleum ($21.3M), and Delivery Trucks ($4.1M). Over the past 5 years the exports of Netherlands to Bolivia have increased at an annualized rate of 4.07%,  from $66M in 2017 to $94.6M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $247M to Netherlands. The main products exported from Bolivia to Netherlands were Raw Tin ($174M), Alcohol > 80% ABV ($30M), and Precious Metal Ore ($14.2M). During the last 5 years the exports of Bolivia to Netherlands have increased at an annualized rate of 8.65%, from $163M in 2017 to $247M in 2022.

In 2017, Netherlands exported $94.6M to Bolivia. The main products exported from Netherlands to Bolivia were Tractors ($31.7M), Refined Petroleum ($21.3M), and Delivery Trucks ($4.1M). During the last 5 years the exports of Netherlands to Bolivia have increased at an annualized rate of 4.07%, from $66M in 2022 to $94.6M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Bolivia than Netherlands included Argentina ($1.76B), Peru ($885M), and Colombia ($1.06B).

In 2022, countries that imported more from Netherlands than Bolivia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Bolivia - Netherlands

Flow
Scale

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

During 2022, Bolivia had a large net trade with Netherlands in the exports of Metals ($174M), Foodstuffs ($30.3M), and Mineral Products ($22.4M).

During 2017, Netherlands had a large net trade with Bolivia in the exports of Transportation ($36.7M), Mineral Products ($21.4M), and Machines ($12.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Netherlands+$1.03MLead Ore
Top Product Potential Netherlands Bolivia+$31.4MRefined 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 Netherlands. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Bolivia.

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

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