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2022
Flag → Flag
Exports $27MRnk 26 / 146
2022
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Top Product $18.9MSoybean Oil
2022
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Exports $2.86MRnk 82 / 163
2022
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Top Product $1.27MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
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Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
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GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH59%CURRENT US$
Rnk 41 / 186
2022
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 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
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GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
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GDP PC $3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186
2022
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GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
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GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Bolivia-Dominican Republic In 2022, Bolivia exported $27M to Dominican Republic. The main products that Bolivia exported to Dominican Republic are Soybean Oil ($18.9M), Sawn Wood ($3.89M), and Leather Sheets ($1.65M). During the last 27 years the exports of Bolivia to Dominican Republic have increased at an annualized rate of 18.9%, from $249k in 1995 to $27M in 2022.

In 2022, Bolivia did not export any services to Dominican Republic.

Dominican Republic-Bolivia In 2022, Dominican Republic exported $2.86M to Bolivia. The main products that Dominican Republic exported to Bolivia were Packaged Medicaments ($1.27M), Rolled Tobacco ($314k), and Pens ($314k). During the last 27 years the exports of Dominican Republic to Bolivia have increased at an annualized rate of 17.5%, from $36.9k in 1995 to $2.86M in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Latest Trends

December, 2023

About

Overview In December 2023, Bolivia exported $304k and imported $124k from Dominican Republic, resulting in a positive trade balance of $180k. Between December 2022 and December 2023 the exports of Bolivia have decreased by $-288k (-48.6%) from $592k to $304k, while imports decreased by $-102k (-45.1%) from $226k to $124k.

Trade In December 2023, the top exports of Bolivia to Dominican Republic were Wood of non-coniferous species, sawn or... ($220k), Whole bovine skin leather, without hair... ($72.6k), and Motor spirit (gasoline) and other light... ($2.12k). In December 2023 the top imports of Bolivia from Dominican Republic were Medicaments, n.e.s. ($154k), Medicaments containing antibiotics or derivatives thereof ($62.1k), Monumental or building stone, worked, and... ($15.2k), Instruments and appliances used in medical,... ($12.1k), and Preparations for use on the hair ($9.25k).

Origins In December 2023 the exports of Bolivia were mainly from Santa Cruz ($210k), La Paz ($65.9k), and Cochabamba ($27.9k), while imports destinations were mainly Santa Cruz ($74.9k) and La Paz ($49.3k).

Growth In December 2023, the decrease in Bolivia's year-by-year exports to Dominican Republic was explained primarily by an decrease in product exports in Whole bovine skin leather, without hair... ($-77.4k or -51.6%) and Wood of non-coniferous species, sawn or... ($-45.5k or -17.1%). In December 2023, the decrease in Bolivia's year-by-year imports  from Dominican Republic was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (December 2022 - December 2023)$-288k(-48.6%)
IMPORT GROWTH (December 2022 - December 2023)$-102k(-45.1%)
MAIN EXPORTER (December 2023)Santa Cruz$210k

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 Dominican Republic and Bolivia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Bolivia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $27M to Dominican Republic. The main products exported from Bolivia to Dominican Republic were Soybean Oil ($18.9M), Sawn Wood ($3.89M), and Leather Sheets ($1.65M). During the last 27 years the exports of Bolivia to Dominican Republic have increased at an annualized rate of 18.9%, from $249k in 1995 to $27M in 2022.

In 2022, Dominican Republic exported $2.86M to Bolivia. The main products exported from Dominican Republic to Bolivia were Packaged Medicaments ($1.27M), Rolled Tobacco ($314k), and Pens ($314k). During the last 27 years the exports of Dominican Republic to Bolivia have increased at an annualized rate of 17.5%, from $36.9k in 1995 to $2.86M in 2022.

Exports from Bolivia (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Bolivia (Flag) (2022)

Market Competitiveness

Color
Bolivia
Top DestinationIndia$2.27B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2021, countries that imported more from Bolivia than Dominican Republic were India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

In 2021, countries that imported more from Dominican Republic than Bolivia were United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Bolivia (Flag) (2022)

Comparative Advantage Bolivia - Dominican Republic

Flow
Scale

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

During 2022, Bolivia had a large net trade with Dominican Republic in the exports of Animal and Vegetable Bi-Products ($18.9M), Wood Products ($4.38M), and Animal Hides ($2.96M).

During 2022, Dominican Republic had a large net trade with Bolivia in the exports of Chemical Products ($1.34M), Foodstuffs ($557k), and Miscellaneous ($453k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bolivia has comparative advantage over Dominican Republic. Similarly, the more yellow a dot/product is, the more Dominican Republic has comparative advantage over Bolivia.

Product Space of Bolivia (Flag) and Dominican Republic (Flag) (2022)

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