2022
Exports
$337MWorld Rnk 10 / 139
Flag Rnk 8 / 740
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$2.13MWorld Rnk 98 / 200
Flag Rnk 409 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $337M in Soybeans, making it the 10th largest exporter of Soybeans in the world. At the same year, Soybeans was the 8th most exported product in Bolivia. The main destination of Soybeans exports from Bolivia are: Argentina ($250M), Peru ($53.3M), Colombia ($21.4M), Paraguay ($12.4M), and Uruguay ($272k).

The fastest growing export markets for Soybeans of Bolivia between 2021 and 2022 were Argentina ($236M), Peru ($23M), and Colombia ($21.4M).

Imports In 2022, Bolivia imported $2.13M in Soybeans, becoming the 98th largest importer of Soybeans in the world. At the same year, Soybeans was the 409th most imported product in Bolivia. Bolivia imports Soybeans primarily from: Argentina ($2.13M), Paraguay ($477), and Brazil ($100).

The fastest growing import markets in Soybeans for Bolivia between 2021 and 2022 were Argentina ($6.52k) and Paraguay ($477).

Latest Trends

Oct 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 Soybeans. 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)$337M
IMPORTS (2022)$2.13M
NET TRADE (2022)$335M

In 2022, Bolivia exported $337M in Soybeans. The main destinations of Bolivia exports on Soybeans were Argentina ($250M), Peru ($53.3M), Colombia ($21.4M), Paraguay ($12.4M), and Uruguay ($272k).

In 2022, Bolivia imported $2.13M in Soybeans, mainly from Argentina ($2.13M), Paraguay ($477), and Brazil ($100).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Argentina$236M (1.68k%)
Peru$23M (75.7%)
Colombia$21.4M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Bolivia WERE (2021 - 2022):Guatemala-$13.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Soybeans were:
In 2022, Bolivia's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $6.42M
TOP IMPORT POTENTIALArgentina+ $669k

Soybeans’s highest export potential is Colombia. With an export gap of $6.42M.   Soybeans’s highest import potential is Argentina with an import gap of $669k.

See methodology.

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