2022
Exports
$90.7kWorld Rnk 127 / 162
Flag Rnk 303 / 740
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$225MWorld Rnk 30 / 217
Flag Rnk 5 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $90.7k in Raw Iron Bars, making it the 127th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 303rd most exported product in Bolivia. The main destination of Raw Iron Bars exports from Bolivia are: Peru ($85.3k) and Chile ($5.44k).

The fastest growing export markets for Raw Iron Bars of Bolivia between 2021 and 2022 were Peru ($85.3k) and Chile ($4.34k).

Imports In 2022, Bolivia imported $225M in Raw Iron Bars, becoming the 30th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 5th most imported product in Bolivia. Bolivia imports Raw Iron Bars primarily from: Brazil ($126M), Peru ($95.3M), Argentina ($1.58M), Ecuador ($1.02M), and China ($237k).

The fastest growing import markets in Raw Iron Bars for Bolivia between 2021 and 2022 were Peru ($8.43M), Ecuador ($263k), and United States ($68.5k).

Latest Trends

Sep 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 Raw Iron Bars. 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)$90.7k
IMPORTS (2022)$225M
NET TRADE (2022)-$225M

In 2022, Bolivia exported $90.7k in Raw Iron Bars. The main destinations of Bolivia exports on Raw Iron Bars were Peru ($85.3k) and Chile ($5.44k).

In 2022, Bolivia imported $225M in Raw Iron Bars, mainly from Brazil ($126M), Peru ($95.3M), Argentina ($1.58M), Ecuador ($1.02M), and China ($237k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Peru$85.3k (1%)
Chile$4.34k (394%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Bolivia WERE (2021 - 2022):Colombia-$14.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Bolivia's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $73.6k
TOP IMPORT POTENTIALTurkey+ $1.24M

Raw Iron Bars’s highest export potential is Peru. With an export gap of $73.6k.   Raw Iron Bars’s highest import potential is Turkey with an import gap of $1.24M.

See methodology.

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