Brazil-Bolivia (Plurinational State of) Bilateral Trade Analysis 2023
Complete trade statistics: $3.40B total volume •Brazil surplus: $231.41M
Brazil → Bolivia (Plurinational State of)
$1.81B
Exports (2023)
Bolivia (Plurinational State of) → Brazil
$1.58B
Imports (2023)
Trade Balance
$231.41M
Surplus for Brazil
Total Trade
$3.40B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Brazil and Bolivia (Plurinational State of). Green line shows exports from Brazil, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brazil-Bolivia (Plurinational State of) commercial relationship and competitive positioning in global markets.
Brazil → Bolivia (Plurinational State of) Exports
Export Market Intelligence
🎯 Strategic Export Focus
Brazil's export portfolio to Bolivia (Plurinational State of) demonstrates strategic specialization, with iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling representing a key competitive advantage in this bilateral market.
Bolivia (Plurinational State of) → Brazil Imports
Import Dependency Profile
📦 Import Strategy Analysis
Brazil's import pattern from Bolivia (Plurinational State of) reveals strategic sourcingin petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Brazil demonstrates competitive strength in exportingiron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling to Bolivia (Plurinational State of), leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $3.40B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Brazil-Bolivia (Plurinational State of) Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $3.40 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Brazil maintains a surplus of $231.41 million
- Export Focus: Brazil's primary exports include iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling, food preparations: n.e.c. in item no. 2106.10, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
- Import Dependencies: Key imports from Bolivia (Plurinational State of) include petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, natural borates and concentrates thereof (whether or not calcined), but not including borates separated from natural brine: natural boric acid containing not more than 85 % of h3bo3 calculated on the dry weight
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $3.40B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Brazil leveraging its comparative advantages in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Brazil's specialization in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rollingcomplements Bolivia (Plurinational State of)'s demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $3.40B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $3.40B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $3.40 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling and petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Brazil's trade surplus of $231.41 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Brazil and Bolivia (Plurinational State of) represents a total trade volume of $3.40 billion in 2023. This partnership demonstrates a favorable trade balance for Brazil, with exports exceeding importsby $231.41 million.
Export Strengths
Brazil's exports to Bolivia (Plurinational State of) total $1.81 billion, with competitive advantages in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling, representing $84.13M or4.6% of bilateral exports.
Import Dependencies
Imports from Bolivia (Plurinational State of) amount to $1.58 billion, highlighting economic interdependence in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, with Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas comprising86.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Brazil's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Brazil and Bolivia (Plurinational State of) in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023

