HS Icon Soybean Meal in  Flag Bolivia

2020
Exports | Imports
: $503M | $25.3k, World Rnk 8 / 108
Flag Rnk 5 / 720 | World Rnk 163 / 177
Flag Rnk 966 / 1129

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $45.9M | $13k, Peru |  Brazil

2020
ECONOMIC COMPLEXITY of Bolivia
: -0.99, Rnk 100 / 127

2020
PRODUCT COMPLEXITY  IN Soybean Meal
: -1.12, Rnk 872 / 1029

Exports In 2020, Bolivia exported $503M in Soybean Meal, making it the 8th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 5th most exported product in Bolivia. The main destination of Soybean Meal exports from Bolivia are: Peru ($272M), Colombia ($144M), Chile ($33M), Ecuador ($28.9M), and Turkey ($11.4M).

The fastest growing export markets for Soybean Meal of Bolivia between 2019 and 2020 were Peru ($45.9M), Spain ($6.5M), and Chile ($6.48M).

Imports In 2020, Bolivia imported $25.3k in Soybean Meal, becoming the 163rd largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 966th most imported product in Bolivia. Bolivia imports Soybean Meal primarily from: Brazil ($13k), United States ($12.2k), Argentina ($60), and Japan ($27).

The fastest growing import markets in Soybean Meal for Bolivia between N/A and 2020 were Brazil ($13k), United States ($12.2k), and Argentina ($60).

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%).

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 Soybean Meal. 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): $503M

IMPORTS (2020): $25.3k

NET TRADE (2020): $503M

In 2020, Bolivia exported $503M in Soybean Meal. The main destinations of Bolivia exports on Soybean Meal were Peru ($272M), Colombia ($144M), Chile ($33M), Ecuador ($28.9M), and Turkey ($11.4M).

In 2020, Bolivia imported $25.3k in Soybean Meal, mainly from Brazil ($13k), United States ($12.2k), Argentina ($60), and Japan ($27).

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THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Bolivia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Bolivia WERE (2019 - 2020):

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Market Concentration

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In 2020, Bolivia's main exporting competitors in Soybean Meal were:

In 2020, Bolivia's main importing competitors in Soybean Meal were:

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