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Pricing

2022
Flag → Flag
Exports $101kRnk 102 / 146
2022
Flag → Flag
Top Product $92.5kOther Ores
2022
Flag → Flag
Exports $2.49MRnk 119 / 171
2022
Flag → Flag
Top Product $946kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 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$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Bolivia-Oman Trade: In 2022, Bolivia exported $101k to Oman. The main products that Bolivia exported to Oman were Other Ores ($92.5k), Scrap Aluminium ($4.78k), and Machinery Having Individual Functions ($2.31k). Over the past 5 years the exports of Bolivia to Oman have increased at an annualized rate of 16.8%, from $46.3k in 2017 to $101k in 2022.

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

Oman-Bolivia Trade: In 2022, Oman exported $2.49M to Bolivia. The main products that Oman exported to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($946k), Polyacetals ($702k), and Ethylene Polymers ($308k). Over the past 5 years the exports of Oman to Bolivia have increased at an annualized rate of 16.1%,  from $1.01M in 2017 to $2.49M in 2022.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $510k and imported $254 from Oman, resulting in a positive trade balance of $509k. Between December 2022 and December 2023 the exports of Bolivia have increased by $417k (451%) from $92.5k to $510k, while imports decreased by $-314k (-99.9%) from $314k to $254.

Trade In December 2023, the top exports of Bolivia to Oman were . In December 2023 the top imports of Bolivia from Oman were .

Origins In December 2023 the exports of Bolivia were mainly from Potosí ($510k), while imports destinations were mainly N/A.

Growth In December 2023, the increase in Bolivia's year-by-year exports to Oman was explained primarily by an increase in product exports in . In September 2023, the decrease in Bolivia's year-by-year imports  from Oman was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2022 - December 2023)$417k(451%)
IMPORT GROWTH (September 2022 - September 2023)$-314k(-99.9%)
MAIN EXPORTER (December 2023)Potosí$510k

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 Oman and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Oman and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $101k to Oman. The main products exported from Bolivia to Oman were Other Ores ($92.5k), Scrap Aluminium ($4.78k), and Machinery Having Individual Functions ($2.31k). During the last 5 years the exports of Bolivia to Oman have increased at an annualized rate of 16.8%, from $46.3k in 2017 to $101k in 2022.

In 2017, Oman exported $2.49M to Bolivia. The main products exported from Oman to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($946k), Polyacetals ($702k), and Ethylene Polymers ($308k). During the last 5 years the exports of Oman to Bolivia have increased at an annualized rate of 16.1%, from $1.01M in 2022 to $2.49M in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Oman
Top DestinationChina$30.4B

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

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

In 2022, countries that imported more from Oman than Bolivia included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Comparative Advantage Bolivia - Oman

Flow
Scale

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

During 2022, Bolivia had a large net trade with Oman in the exports of Mineral Products ($92.5k), Metals ($4.78k), and Machines ($2.43k).

During 2017, Oman had a large net trade with Bolivia in the exports of Plastics and Rubbers ($1.05M), Transportation ($946k), and Machines ($339k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Oman+$43kOther Ores
Top Product Potential Oman Bolivia+$381kPolyacetals

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

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

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