Sweden-Bolivia (Plurinational State of) Bilateral Trade Analysis 2023
Complete trade statistics: $113.64M total volume •Sweden surplus: $113.64M
Sweden → Bolivia (Plurinational State of)
$113.64M
Exports (2023)
Bolivia (Plurinational State of) → Sweden
$0
Imports (2023)
Trade Balance
$113.64M
Surplus for Sweden
Total Trade
$113.64M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Sweden and Bolivia (Plurinational State of). Green line shows exports from Sweden, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Sweden-Bolivia (Plurinational State of) commercial relationship and competitive positioning in global markets.
Sweden → Bolivia (Plurinational State of) Exports
Export Market Intelligence
🎯 Strategic Export Focus
Sweden's export portfolio to Bolivia (Plurinational State of) demonstrates strategic specialization, with turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers) representing a key competitive advantage in this bilateral market.
Bolivia (Plurinational State of) → Sweden Imports
Import Dependency Profile
📦 Import Strategy Analysis
Sweden's import pattern from Bolivia (Plurinational State of) reveals significant dependencyin furniture: parts, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Sweden demonstrates competitive strength in exportingturbines: parts of gas turbines (excluding turbo-jets and turbo-propellers) to Bolivia (Plurinational State of), leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $113.64M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Sweden-Bolivia (Plurinational State of) Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $113.64 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Sweden maintains a surplus of $113.64 million
- Export Focus: Sweden's primary exports include turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers), tractors: road, for semi-trailers, aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
- Import Dependencies: Key imports from Bolivia (Plurinational State of) include furniture: parts, instruments and apparatus: for measuring or checking voltage, current, resistance or power, without a recording device (excluding multimeters), nuts, edible: brazil nuts, fresh or dried, shelled
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 $113.64M 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 Sweden leveraging its comparative advantages in turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers).
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
Sweden's specialization in turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers)complements 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 furniture: parts.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $113.64M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $113.64M 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 $113.64 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers) and furniture: parts demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Sweden's trade surplus of $113.64 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 Sweden and Bolivia (Plurinational State of) represents a total trade volume of $113.64 million in 2023. This partnership demonstrates a favorable trade balance for Sweden, with exports exceeding importsby $113.64 million.
Export Strengths
Sweden's exports to Bolivia (Plurinational State of) total $113.64 million, with competitive advantages in turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers), representing $35.40M or31.2% of bilateral exports.
Import Dependencies
Imports from Bolivia (Plurinational State of) amount to $0.00, highlighting economic interdependence in furniture: parts, with Furniture: parts comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Sweden'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 Sweden 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