2023
Exports
$34.4MWorld Rnk 43 / 174
Flag Rnk 26 / 748
2023
PRODUCT COMPLEXITY IN Concentrated Milk
-0.8Rnk 783 / 1025
2023
Imports
$15.8MWorld Rnk 111 / 222
Flag Rnk 134 / 1131
2023
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 105 / 132

About

Exports In 2023, Bolivia exported $34.4M in Concentrated Milk, making it the 43rd largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 26th most exported product in Bolivia. The main destination of Concentrated Milk exports from Bolivia are: Colombia ($27.5M), Peru ($4.82M), Venezuela ($2.07M), and Cuba ($85.5k).

The fastest growing export markets for Concentrated Milk of Bolivia between 2022 and 2023 were Venezuela ($1.89M) and Cuba ($40.5k).

Imports In 2023, Bolivia imported $15.8M in Concentrated Milk, becoming the 111th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 134th most imported product in Bolivia. Bolivia imports Concentrated Milk primarily from: Peru ($7.07M), Uruguay ($4.45M), Chile ($2.06M), Paraguay ($901k), and Panama ($424k).

The fastest growing import markets in Concentrated Milk for Bolivia between 2022 and 2023 were Uruguay ($1.17M), Panama ($250k), and Chile ($173k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Concentrated Milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$34.4M
IMPORTS (2023)$15.8M
NET TRADE (2023)$18.7M

In 2023, Bolivia exported $34.4M in Concentrated Milk. The main destinations of Bolivia exports on Concentrated Milk were Colombia ($27.5M), Peru ($4.82M), Venezuela ($2.07M), and Cuba ($85.5k).

In 2023, Bolivia imported $15.8M in Concentrated Milk, mainly from Peru ($7.07M), Uruguay ($4.45M), Chile ($2.06M), Paraguay ($901k), and Panama ($424k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Bolivia WERE (2022 - 2023):
Venezuela$1.89M (1.02k%)
Cuba$40.5k (89.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Bolivia WERE (2022 - 2023):
Colombia-$6.46M (-19.1%)
Peru-$1.23M (-20.3%)
Netherlands-$26.1k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bolivia's main exporting competitors in Concentrated Milk were:
In 2023, Bolivia's main importing competitors in Concentrated Milk were:

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $2.58M
TOP IMPORT POTENTIALNetherlands+ $543k

Concentrated Milk’s highest export potential is Peru. With an export gap of $2.58M.   Concentrated Milk’s highest import potential is Netherlands with an import gap of $543k.

See methodology.

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