2022
Exports
$22.3MWorld Rnk 41 / 128
Flag Rnk 36 / 740
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$2.79kWorld Rnk 118 / 130
Flag Rnk 1074 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $22.3M in Iron Ore, making it the 41st largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 36th most exported product in Bolivia. The main destination of Iron Ore exports from Bolivia are: Romania ($11.3M), Argentina ($3.97M), United Kingdom ($3.07M), China ($2.89M), and Brazil ($707k).

The fastest growing export markets for Iron Ore of Bolivia between 2021 and 2022 were Romania ($11.3M), United Kingdom ($3.07M), and Argentina ($2.95M).

Imports In 2022, Bolivia imported $2.79k in Iron Ore, becoming the 118th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1074th most imported product in Bolivia. Bolivia imports Iron Ore primarily from: Peru ($1.33k), China ($592), Poland ($537), Japan ($178), and Brazil ($153).

The fastest growing import markets in Iron Ore for Bolivia between 2021 and 2022 were Peru ($1.33k), China ($592), and Poland ($537).

Latest Trends

Oct 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 Iron Ore. 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)$22.3M
IMPORTS (2022)$2.79k
NET TRADE (2022)$22.3M

In 2022, Bolivia exported $22.3M in Iron Ore. The main destinations of Bolivia exports on Iron Ore were Romania ($11.3M), Argentina ($3.97M), United Kingdom ($3.07M), China ($2.89M), and Brazil ($707k).

In 2022, Bolivia imported $2.79k in Iron Ore, mainly from Peru ($1.33k), China ($592), Poland ($537), Japan ($178), and Brazil ($153).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Romania$11.3M (1%)
United Kingdom$3.07M (1%)
Argentina$2.95M (290%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Bolivia WERE (2021 - 2022):
China-$1.74M (-37.6%)
Spain-$692 (-100%)
Netherlands-$229 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Bolivia's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $7.99M
TOP IMPORT POTENTIALPeru+ $4.86k

Iron Ore’s highest export potential is China. With an export gap of $7.99M.   Iron Ore’s highest import potential is Peru with an import gap of $4.86k.

See methodology.

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