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Exports In 2022, Bolivia exported $80.1M in Borax, making it the 2nd largest exporter of Borax in the world. At the same year, Borax was the 16th most exported product in Bolivia. The main destination of Borax exports from Bolivia are: Brazil ($44.2M), Peru ($12.1M), China ($8.19M), Indonesia ($4.31M), and United States ($3.01M).

The fastest growing export markets for Borax of Bolivia between 2021 and 2022 were Peru ($11.1M), Brazil ($10.9M), and Chile ($1.94M).

Imports In 2022, Bolivia imported $207k in Borax, becoming the 57th largest importer of Borax in the world. At the same year, Borax was the 784th most imported product in Bolivia. Bolivia imports Borax primarily from: Brazil ($204k), China ($1.78k), and Peru ($396).

The fastest growing import markets in Borax for Bolivia between 2021 and 2022 were China ($1.78k).

Latest Trends

Sep 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 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 (2022)$80.1M
IMPORTS (2022)$207k
NET TRADE (2022)$79.9M

In 2022, Bolivia exported $80.1M in Borax. The main destinations of Bolivia exports on Borax were Brazil ($44.2M), Peru ($12.1M), China ($8.19M), Indonesia ($4.31M), and United States ($3.01M).

In 2022, Bolivia imported $207k in Borax, mainly from Brazil ($204k), China ($1.78k), and Peru ($396).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borax EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Peru$11.1M (1.1k%)
Brazil$10.9M (32.6%)
Chile$1.94M (2.19k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Borax BY Bolivia WERE (2021 - 2022):
India-$7.92M (-100%)
United States-$6.02M (-66.7%)
Malaysia-$2.69M (-75.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Borax were:
In 2022, Bolivia's main importing competitors in Borax were:
China $121M
Brazil $70.4M
India $25.3M

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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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