HS Icon Soybean Oil in  Flag Bolivia

2019
Exports | Imports
: $289M | $4.35M, World Rnk 7 / 117
Flag Rnk 5 / 637 | World Rnk 93 / 212
Flag Rnk 261 / 1067

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

2019
PRODUCT COMPLEXITY  IN Soybean Oil
: -0.99, Rnk 839 / 1029

Exports In 2019, Bolivia exported $289M in Soybean Oil, making it the 7th largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 5th most exported product in Bolivia. The main destination of Soybean Oil exports from Bolivia are: Colombia ($189M), Ecuador ($82.2M), Peru ($12.5M), and Chile ($5.37M).

The fastest growing export markets for Soybean Oil of Bolivia between 2018 and 2019 were Ecuador ($26.4M) and Colombia ($22.1M).

Imports In 2019, Bolivia imported $4.35M in Soybean Oil, becoming the 93rd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 261st most imported product in Bolivia. Bolivia imports Soybean Oil primarily from: Brazil ($4.35M).

Tariffs In 2018, the average tariff for Bolivia in Soybean Oil was 9.65%. The countries with the highest import tariffs for Soybean Oil 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): $289M

IMPORTS (2019): $4.35M

NET TRADE (2019): $285M

In 2019, Bolivia exported $289M in Soybean Oil. The main destinations of Bolivia exports on Soybean Oil were Colombia ($189M), Ecuador ($82.2M), Peru ($12.5M), and Chile ($5.37M).

In 2019, Bolivia imported $4.35M in Soybean Oil, mainly from Brazil ($4.35M).

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

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

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Market Concentration

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

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

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Tariffs by Country

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

The countries with the highest tariffs for Soybean Oil 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%).