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Pricing

2019
Exports $63.8kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Magnesium0.95Rnk 193 / 1025
2019
Imports $56.5kWorld Rnk 106 / 168
Flag Rnk 923 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia-0.85Rnk 106 / 133

About

Imports In 2022, Bolivia imported $56.5k in Magnesium, becoming the 106th largest importer of Magnesium in the world. At the same year, Magnesium was the 923rd most imported product in Bolivia. Bolivia imports Magnesium primarily from: Germany ($42.6k), Argentina ($12.3k), Italy ($1.02k), Brazil ($428), and United States ($133).

The fastest growing import markets in Magnesium for Bolivia between 2021 and 2022 were Germany ($23.5k), Italy ($466), and Brazil ($428).

Latest Trends

Nov 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 Magnesium. 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 (2019)$63.8k
IMPORTS (2022)$56.5k
NET TRADE (2022)-$56.5k

In 2022, Bolivia imported $56.5k in Magnesium, mainly from Germany ($42.6k), Argentina ($12.3k), Italy ($1.02k), Brazil ($428), and United States ($133).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Magnesium were:
China $2.46B
Israel $231M
Turkey $152M
In 2022, Bolivia's main importing competitors in Magnesium were:
United States $877M
Canada $477M
Germany $211M

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $488
TOP IMPORT POTENTIALChina+ $22.8k

Magnesium’s highest export potential is United States. With an export gap of $488.   Magnesium’s highest import potential is China with an import gap of $22.8k.

See methodology.

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