HS Icon Friction Material in  Flag Bolivia

2020
Exports | Imports
: $3.01M | $1.25M, World Rnk 32 / 144
Flag Rnk 70 / 720 | World Rnk 84 / 206
Flag Rnk 442 / 1129

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $146k | $75.5k, Ecuador |  China

2020
ECONOMIC COMPLEXITY of Bolivia
: -0.99, Rnk 100 / 127

2020
PRODUCT COMPLEXITY  IN Friction Material
: 0.34, Rnk 429 / 1029

Exports In 2020, Bolivia exported $3.01M in Friction Material, making it the 32nd largest exporter of Friction Material in the world. At the same year, Friction Material was the 70th most exported product in Bolivia. The main destination of Friction Material exports from Bolivia are: Paraguay ($643k), Peru ($572k), Brazil ($528k), El Salvador ($333k), and Ecuador ($206k).

The fastest growing export markets for Friction Material of Bolivia between 2019 and 2020 were Ecuador ($146k), Paraguay ($121k), and Peru ($94.4k).

Imports In 2020, Bolivia imported $1.25M in Friction Material, becoming the 84th largest importer of Friction Material in the world. At the same year, Friction Material was the 442nd most imported product in Bolivia. Bolivia imports Friction Material primarily from: Brazil ($772k), China ($113k), Peru ($108k), Japan ($103k), and United States ($32.7k).

The fastest growing import markets in Friction Material for Bolivia between 2019 and 2020 were China ($75.5k), Brazil ($54.7k), and Peru ($40.1k).

Tariffs In 2018, the average tariff for Bolivia in Friction Material was 14.4%. The countries with the highest import tariffs for Friction Material were Angola (Most Favoured Nation duty rate treatement, 15%), Burundi (Most Favoured Nation duty rate treatement, 15%), Benin (Most Favoured Nation duty rate treatement, 15%), Burkina Faso (Most Favoured Nation duty rate treatement, 15%), and Botswana (Most Favoured Nation duty rate treatement, 15%).

Subnational Monthly Trade

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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

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EXPORTS (2020): $3.01M

IMPORTS (2020): $1.25M

NET TRADE (2020): $1.76M

In 2020, Bolivia exported $3.01M in Friction Material. The main destinations of Bolivia exports on Friction Material were Paraguay ($643k), Peru ($572k), Brazil ($528k), El Salvador ($333k), and Ecuador ($206k).

In 2020, Bolivia imported $1.25M in Friction Material, mainly from Brazil ($772k), China ($113k), Peru ($108k), Japan ($103k), and United States ($32.7k).

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THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Bolivia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Bolivia WERE (2019 - 2020):

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Market Concentration

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In 2020, Bolivia's main exporting competitors in Friction Material were:

In 2020, Bolivia's main importing competitors in Friction Material were:

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