2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
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 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
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GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
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GDP PC 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186
2022
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GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Denmark-Bolivia In 2022, Denmark exported $13.3M to Bolivia. The main products that Denmark exported to Bolivia are Stone Processing Machines ($2.19M), Industrial Fatty Acids, Oils and Alcohols ($1.07M), and Enzymes ($865k). During the last 27 years the exports of Denmark to Bolivia have increased at an annualized rate of 3.18%, from $5.71M in 1995 to $13.3M in 2022.

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

Bolivia-Denmark In 2022, Bolivia exported $1.33M to Denmark. The main products that Bolivia exported to Denmark were Knit Sweaters ($260k), Shaped Wood ($223k), and Coffee ($138k). During the last 27 years the exports of Bolivia to Denmark have increased at an annualized rate of 5.09%, from $347k in 1995 to $1.33M in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). 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
Value

In 2022, Denmark exported $13.3M to Bolivia. The main products exported from Denmark to Bolivia were Stone Processing Machines ($2.19M), Industrial Fatty Acids, Oils and Alcohols ($1.07M), and Enzymes ($865k). During the last 27 years the exports of Denmark to Bolivia have increased at an annualized rate of 3.18%, from $5.71M in 1995 to $13.3M in 2022.

In 2022, Bolivia exported $1.33M to Denmark. The main products exported from Bolivia to Denmark were Knit Sweaters ($260k), Shaped Wood ($223k), and Coffee ($138k). During the last 27 years the exports of Bolivia to Denmark have increased at an annualized rate of 5.09%, from $347k in 1995 to $1.33M in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Bolivia (Flag)

Denmark Exports

Bolivia Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Bolivia
Top Destination
India$2.27B

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

In 2021, countries that imported more from Denmark than Bolivia were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

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

Comparative Advantage Denmark - Bolivia

Flow
Scale

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

During 2022, Denmark had a large net trade with Bolivia in the exports of Machines ($5.69M), Chemical Products ($3.47M), and Instruments ($1.35M).

During 2022, Bolivia had a large net trade with Denmark in the exports of Textiles ($648k), Vegetable Products ($313k), and Wood Products ($224k).

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 Denmark has comparative advantage over Bolivia. Similarly, the more yellow a dot/product is, the more Bolivia has comparative advantage over Denmark.

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

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