2023
Exports
$92.3MWorld Rnk 21 / 150
Flag Rnk 13 / 748
2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2023
Imports
$2.32kWorld Rnk 205 / 216
Flag Rnk 1082 / 1131
2023
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 105 / 132

About

Exports In 2023, Bolivia exported $92.3M in Seed Oils, making it the 21st largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 13th most exported product in Bolivia. The main destination of Seed Oils exports from Bolivia are: Ecuador ($39.9M), Colombia ($35.1M), Peru ($8.05M), Brazil ($4.29M), and India ($2.3M).

The fastest growing export markets for Seed Oils of Bolivia between 2022 and 2023 were Colombia ($4.72M), India ($2.3M), and Dominican Republic ($1.12M).

Imports In 2023, Bolivia imported $2.32k in Seed Oils, becoming the 205th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 1082nd most imported product in Bolivia. Bolivia imports Seed Oils primarily from: China ($1.27k), Brazil ($1.02k), United States ($16), and Spain ($15).

The fastest growing import markets in Seed Oils for Bolivia between 2022 and 2023 were China ($1.27k), Brazil ($1.02k), and United States ($16).

Latest Trends

Jan 2025

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 Seed Oils. 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 (2023)$92.3M
IMPORTS (2023)$2.32k
NET TRADE (2023)$92.3M

In 2023, Bolivia exported $92.3M in Seed Oils. The main destinations of Bolivia exports on Seed Oils were Ecuador ($39.9M), Colombia ($35.1M), Peru ($8.05M), Brazil ($4.29M), and India ($2.3M).

In 2023, Bolivia imported $2.32k in Seed Oils, mainly from China ($1.27k), Brazil ($1.02k), United States ($16), and Spain ($15).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Bolivia WERE (2022 - 2023):
Colombia$4.72M (15.5%)
India$2.3M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Bolivia WERE (2022 - 2023):
Ecuador-$20M (-33.4%)
Brazil-$4.83M (-52.9%)
Peru-$3.18M (-28.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bolivia's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, Bolivia's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $3.16M
TOP IMPORT POTENTIALArgentina+ $146k

Seed Oils’s highest export potential is Brazil. With an export gap of $3.16M.   Seed Oils’s highest import potential is Argentina with an import gap of $146k.

See methodology.

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