HS Icon Metalworking Machine Parts in  Flag Bolivia

2020
Exports | Imports
: $1.38k | $1.58M, World Rnk 167 / 198
Flag Rnk 580 / 720 | World Rnk 117 / 218
Flag Rnk 414 / 1129

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $537 | $158k, Belgium |  Spain


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


PRODUCT COMPLEXITY  IN Metalworking Machine Parts
: 1.45, Rnk 68 / 1028

Exports In 2020, Bolivia exported $1.38k in Metalworking Machine Parts, making it the 167th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 580th most exported product in Bolivia. The main destination of Metalworking Machine Parts exports from Bolivia are: United States ($847) and Belgium ($537).

The fastest growing export markets for Metalworking Machine Parts of Bolivia between 2019 and 2020 were Belgium ($537).

Imports In 2020, Bolivia imported $1.58M in Metalworking Machine Parts, becoming the 117th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 414th most imported product in Bolivia. Bolivia imports Metalworking Machine Parts primarily from: China ($290k), Spain ($285k), Brazil ($239k), United States ($232k), and Italy ($215k).

The fastest growing import markets in Metalworking Machine Parts for Bolivia between 2019 and 2020 were Spain ($158k), Italy ($69.2k), and Mexico ($53.6k).

Tariffs In 2018, the average tariff for Bolivia in Metalworking Machine Parts was 6.18%. The countries with the highest import tariffs for Metalworking Machine Parts were Angola (Most Favoured Nation duty rate treatement, 6.43%), Burundi (Most Favoured Nation duty rate treatement, 6.43%), Benin (Most Favoured Nation duty rate treatement, 6.43%), Burkina Faso (Most Favoured Nation duty rate treatement, 6.43%), and Botswana (Most Favoured Nation duty rate treatement, 6.43%).

Subnational Monthly Trade

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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 Metalworking Machine Parts. 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): $1.38k

IMPORTS (2020): $1.58M

NET TRADE (2020): -$1.58M

In 2020, Bolivia exported $1.38k in Metalworking Machine Parts. The main destinations of Bolivia exports on Metalworking Machine Parts were United States ($847) and Belgium ($537).

In 2020, Bolivia imported $1.58M in Metalworking Machine Parts, mainly from China ($290k), Spain ($285k), Brazil ($239k), United States ($232k), and Italy ($215k).

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IN 2020, Bolivia HAD A NEGATIVE NET TRADE IN Metalworking Machine Parts WITH:: United States , -$232k ($847 - $232k)

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THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Bolivia WERE (2019 - 2020):: Belgium, $537 (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Bolivia WERE (2019 - 2020):

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Market Concentration

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In 2019, Bolivia's main exporting competitors in Metalworking Machine Parts were:

In 2019, Bolivia's main importing competitors in Metalworking Machine Parts were:

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