2022
Exports
$263kWorld Rnk 123 / 216
Flag Rnk 218 / 740
2022
PRODUCT COMPLEXITY IN Electric Motors
0.76Rnk 259 / 1025
2022
Imports
$20.4MWorld Rnk 95 / 226
Flag Rnk 101 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $263k in Electric Motors, making it the 123rd largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 218th most exported product in Bolivia. The main destination of Electric Motors exports from Bolivia are: Chile ($97.2k), Netherlands ($84.1k), Austria ($28.1k), Mexico ($22.3k), and Angola ($16.6k).

The fastest growing export markets for Electric Motors of Bolivia between 2021 and 2022 were Chile ($97.1k), Netherlands ($84.1k), and Austria ($28.1k).

Imports In 2022, Bolivia imported $20.4M in Electric Motors, becoming the 95th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 101st most imported product in Bolivia. Bolivia imports Electric Motors primarily from: Brazil ($5.38M), Spain ($4.91M), China ($3.94M), United States ($1.14M), and Chile ($902k).

The fastest growing import markets in Electric Motors for Bolivia between 2021 and 2022 were Brazil ($909k), Peru ($369k), and Sweden ($197k).

Latest Trends

Jul 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 Electric Motors. 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 (2022)$263k
IMPORTS (2022)$20.4M
NET TRADE (2022)-$20.1M

In 2022, Bolivia exported $263k in Electric Motors. The main destinations of Bolivia exports on Electric Motors were Chile ($97.2k), Netherlands ($84.1k), Austria ($28.1k), Mexico ($22.3k), and Angola ($16.6k).

In 2022, Bolivia imported $20.4M in Electric Motors, mainly from Brazil ($5.38M), Spain ($4.91M), China ($3.94M), United States ($1.14M), and Chile ($902k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Chile$97.1k (72.4k%)
Netherlands$84.1k (1%)
Austria$28.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Bolivia WERE (2021 - 2022):
United Arab Emirates-$15.6k (-100%)
United States-$9.52k (-53.6%)
Saudi Arabia-$7.01k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Bolivia's main importing competitors in Electric Motors were:

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Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChile+ $88.8k
TOP IMPORT POTENTIALChina+ $3.17M

Electric Motors’s highest export potential is Chile. With an export gap of $88.8k.   Electric Motors’s highest import potential is China with an import gap of $3.17M.

See methodology.

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