Bolivia / South Korea

Overview In December 2023, Bolivia exported $20M and imported $6.44M from South Korea, resulting in a positive trade balance of $13.5M. Between December 2022 and December 2023 the exports of Bolivia have decreased by $-23.4M (-54%) from $43.4M to $20M, while imports decreased by $-810k (-11.2%) from $7.26M to $6.44M.

Trade In December 2023, the top exports of Bolivia to South Korea were Zinc ores and concentrates ($28.5M), Precious metal ores and concentrates ($12.9M), Lead ores and concentrates ($3.73M), Other ferrous waste and scrap ($125k), and Other non-ferrous base metal waste and... ($103k). In December 2023 the top imports of Bolivia from South Korea were Motor vehicles for the transport of... ($3.52M), Mechanical shovels, excavators and shovel-loaders, self-propelled ($1.17M), Polyethylene ($455k), Polyacetals and other polyethers ($426k), and Articulated link chain, and parts thereof,... ($246k).

Origins In December 2023 the exports of Bolivia were mainly from Potosí ($15.5M), Oruro ($1.97M), La Paz ($1.5M), Chuquisaca ($854k), and Santa Cruz ($83.9k), while imports destinations were mainly Oruro ($2.65M), Santa Cruz ($2.36M), La Paz ($855k), Cochabamba ($519k), and Chuquisaca ($47.5k).

Growth In December 2023, the decrease in Bolivia's year-by-year exports to South Korea was explained primarily by an decrease in product exports in Precious metal ores and concentrates ($-20.8M or -61.8%), Lead ores and concentrates ($-12.1M or -76.4%), and Other non-ferrous base metal waste and... ($-232k or -69.2%). In December 2023, the decrease in Bolivia's year-by-year imports  from South Korea was explained primarily by an decrease in product imports  in Organic chemical products, n.e.s. ($-631k or -98.9%), Synthetic staple fibres, not carded, combed... ($-253k or -81.1%), and Medicaments, n.e.s. ($-186k or -53.9%).