Bolivia / Ecuador

Overview In December 2023, Bolivia exported $21.1M and imported $3.64M from Ecuador, resulting in a positive trade balance of $17.4M. Between December 2022 and December 2023 the exports of Bolivia have decreased by $-21.5M (-50.5%) from $42.6M to $21.1M, while imports decreased by $-92.9k (-2.49%) from $3.73M to $3.64M.

Trade In December 2023, the top exports of Bolivia to Ecuador were Soya bean oil and its fractions ($4M), Sunflower seed or safflower oil and... ($3.31M), ....seed ($591k), Motor spirit (gasoline) and other light... ($469k), and Meat and offal (other than liver),... ($400k). In December 2023 the top imports of Bolivia from Ecuador were Animal or vegetable fats and oils... ($279k), Albuminoidal substances, modified starches and glues ($267k), Angles, shapes and sections (excluding rails)... ($239k), Bars and rods (other than those... ($203k), and Cooking or heating apparatus of a... ($198k).

Origins In December 2023 the exports of Bolivia were mainly from Santa Cruz ($20.4M), Cochabamba ($531k), Potosí ($138k), Chuquisaca ($3.42k), and La Paz ($1.05k), while imports destinations were mainly Oruro ($1.37M), Santa Cruz ($1.17M), La Paz ($888k), Cochabamba ($185k), and Tarija ($26.3k).

Growth In December 2023, the decrease in Bolivia's year-by-year exports to Ecuador was explained primarily by an decrease in product exports in Soya bean oil and its fractions ($-15.2M or -79.1%), Sunflower seed or safflower oil and... ($-6.01M or -64.5%), and Other nitrogen-function compounds ($-69.5k or -39.2%). In December 2023, the decrease in Bolivia's year-by-year imports  from Ecuador was explained primarily by an decrease in product imports  in Articles of paper pulp, paper, paperboard... ($-281k or -59.5%), Fish, prepared or preserved, n.e.s.; caviar... ($-269k or -86.2%), and Albuminoidal substances, modified starches and glues ($-171k or -39.1%).