HS Icon Soybean Meal in  Flag Bolivia

2019
Exports | Imports
: $533M | $20.5k, World Rnk 8 / 107
Flag Rnk 4 / 637 | World Rnk 164 / 180
Flag Rnk 1012 / 1143

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $49.3M | $11.6k, Peru |  Brazil

2019
ECONOMIC COMPLEXITY of Bolivia
: -0.85, Rnk 116 / 147

2019
PRODUCT COMPLEXITY  IN Soybean Meal
: -1.12, Rnk 865 / 1029

Exports In 2019, Bolivia exported $533M in Soybean Meal, making it the 8th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 4th most exported product in Bolivia. The main destination of Soybean Meal exports from Bolivia are: Peru ($255M), Ecuador ($107M), Colombia ($97.4M), Chile ($33.6M), and Turkey ($29.9M).

The fastest growing export markets for Soybean Meal of Bolivia between 2018 and 2019 were Peru ($49.3M), Ecuador ($43.3M), and Turkey ($29.9M).

Imports In 2018, Bolivia imported $20.5k in Soybean Meal, becoming the 164th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 1012th most imported product in Bolivia. Bolivia imports Soybean Meal primarily from: Brazil ($11.6k) and United States ($8.87k).

The fastest growing import markets in Soybean Meal for Bolivia between 2017 and 2018 were Brazil ($11.6k) and United States ($8.87k).

Tariffs In 2018, the average tariff for Bolivia in Soybean Meal was 9.65%. The countries with the highest import tariffs for Soybean Meal were Angola (Most Favoured Nation duty rate treatement, 10%), Burundi (Most Favoured Nation duty rate treatement, 10%), Benin (Most Favoured Nation duty rate treatement, 10%), Burkina Faso (Most Favoured Nation duty rate treatement, 10%), and Botswana (Most Favoured Nation duty rate treatement, 10%).

Historical Data

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EXPORTS (2019): $533M

IMPORTS (2018): $20.5k

NET TRADE (2019): $533M

In 2019, Bolivia exported $533M in Soybean Meal. The main destinations of Bolivia exports on Soybean Meal were Peru ($255M), Ecuador ($107M), Colombia ($97.4M), Chile ($33.6M), and Turkey ($29.9M).

In 2018, Bolivia imported $20.5k in Soybean Meal, mainly from Brazil ($11.6k) and United States ($8.87k).

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IN 2018, Bolivia HAD A NEGATIVE NET TRADE IN Soybean Meal WITH:: Brazil , -$2.17k ($9.42k - $11.6k)

Flow

THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Bolivia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Bolivia WERE (2018 - 2019):

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Market Concentration

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In 2019, Bolivia's main exporting competitors in Soybean Meal were:

In 2019, Bolivia's main importing competitors in Soybean Meal were:

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Tariffs by Country

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In 2018, the average tariff for Bolivia in Soybean Meal was 9.65%.

The countries with the highest tariffs for Soybean Meal in Bolivia were Angola (Most Favoured Nation duty rate treatement, 10%), Burundi (Most Favoured Nation duty rate treatement, 10%), Benin (Most Favoured Nation duty rate treatement, 10%), Burkina Faso (Most Favoured Nation duty rate treatement, 10%), and Botswana (Most Favoured Nation duty rate treatement, 10%).