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Exports In 2023, Bolivia exported $88.6M in Borax, making it the 2nd largest exporter of Borax in the world. At the same year, Borax was the 14th most exported product in Bolivia. The main destination of Borax exports from Bolivia are: Brazil ($43.2M), Peru ($12.2M), China ($9.25M), United States ($5.62M), and Indonesia ($4.27M).

The fastest growing export markets for Borax of Bolivia between 2022 and 2023 were India ($3.9M), United States ($2.81M), and China ($918k).

Imports In 2023, Bolivia imported $6.41k in Borax, becoming the 96th largest importer of Borax in the world. At the same year, Borax was the 1053rd most imported product in Bolivia. Bolivia imports Borax primarily from: China ($4.49k), Chile ($1.62k), Peru ($232), Colombia ($36), and Brazil ($29).

The fastest growing import markets in Borax for Bolivia between 2022 and 2023 were China ($2.41k), Chile ($1.62k), and Colombia ($36).

Latest Trends

Jan 2025

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 Borax. 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 (2023)$88.6M
IMPORTS (2023)$6.41k
NET TRADE (2023)$88.6M

In 2023, Bolivia exported $88.6M in Borax. The main destinations of Bolivia exports on Borax were Brazil ($43.2M), Peru ($12.2M), China ($9.25M), United States ($5.62M), and Indonesia ($4.27M).

In 2023, Bolivia imported $6.41k in Borax, mainly from China ($4.49k), Chile ($1.62k), Peru ($232), Colombia ($36), and Brazil ($29).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Bolivia WERE (2022 - 2023):
India$3.9M (1%)
United States$2.81M (100%)
China$918k (11%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Bolivia WERE (2022 - 2023):
Indonesia-$1.15M (-21.2%)
Chile-$860k (-53%)
Ecuador-$174k (-58.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bolivia's main exporting competitors in Borax were:
In 2023, Bolivia's main importing competitors in Borax were:
China $94.5M
Brazil $85.9M
India $38.8M

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Trade Value of Borax by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.03M
TOP IMPORT POTENTIALChina+ $1.62k

Borax’s highest export potential is China. With an export gap of $1.03M.   Borax’s highest import potential is China with an import gap of $1.62k.

See methodology.

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