2023
Exports
$6.08MWorld Rnk 30 / 160
Flag Rnk 62 / 748
2023
PRODUCT COMPLEXITY IN Friction Material
0.43Rnk 397 / 1025
2023
Imports
$1.73MWorld Rnk 84 / 212
Flag Rnk 458 / 1131
2023
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 105 / 132

About

Exports In 2023, Bolivia exported $6.08M in Friction Material, making it the 30th largest exporter of Friction Material in the world. At the same year, Friction Material was the 62nd most exported product in Bolivia. The main destination of Friction Material exports from Bolivia are: Brazil ($1.36M), United States ($855k), Peru ($770k), Paraguay ($590k), and El Salvador ($418k).

The fastest growing export markets for Friction Material of Bolivia between 2022 and 2023 were Brazil ($707k), United States ($360k), and Peru ($252k).

Imports In 2023, Bolivia imported $1.73M in Friction Material, becoming the 84th largest importer of Friction Material in the world. At the same year, Friction Material was the 458th most imported product in Bolivia. Bolivia imports Friction Material primarily from: Brazil ($1.04M), Peru ($195k), Japan ($160k), China ($139k), and Chinese Taipei ($45.5k).

The fastest growing import markets in Friction Material for Bolivia between 2022 and 2023 were Brazil ($320k), Peru ($107k), and Chinese Taipei ($45k).

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 Friction Material. 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)$6.08M
IMPORTS (2023)$1.73M
NET TRADE (2023)$4.35M

In 2023, Bolivia exported $6.08M in Friction Material. The main destinations of Bolivia exports on Friction Material were Brazil ($1.36M), United States ($855k), Peru ($770k), Paraguay ($590k), and El Salvador ($418k).

In 2023, Bolivia imported $1.73M in Friction Material, mainly from Brazil ($1.04M), Peru ($195k), Japan ($160k), China ($139k), and Chinese Taipei ($45.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Bolivia WERE (2022 - 2023):
Brazil$707k (108%)
United States$360k (72.8%)
Peru$252k (48.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Bolivia WERE (2022 - 2023):
El Salvador-$152k (-26.7%)
Nicaragua-$85.6k (-17.4%)
Mexico-$79k (-16.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bolivia's main exporting competitors in Friction Material were:
In 2023, Bolivia's main importing competitors in Friction Material were:

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $409k
TOP IMPORT POTENTIALBrazil+ $92.7k

Friction Material’s highest export potential is United States. With an export gap of $409k.   Friction Material’s highest import potential is Brazil with an import gap of $92.7k.

See methodology.

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