2022
Exports
$4.71MWorld Rnk 31 / 153
Flag Rnk 73 / 740
2022
PRODUCT COMPLEXITY IN Friction Material
0.27Rnk 464 / 1025
2022
Imports
$1.62MWorld Rnk 83 / 211
Flag Rnk 454 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $4.71M in Friction Material, making it the 31st largest exporter of Friction Material in the world. At the same year, Friction Material was the 73rd most exported product in Bolivia. The main destination of Friction Material exports from Bolivia are: Brazil ($647k), El Salvador ($593k), United States ($577k), Nicaragua ($511k), and Peru ($509k).

The fastest growing export markets for Friction Material of Bolivia between 2021 and 2022 were El Salvador ($350k), United States ($311k), and Nicaragua ($251k).

Imports In 2022, Bolivia imported $1.62M in Friction Material, becoming the 83rd largest importer of Friction Material in the world. At the same year, Friction Material was the 454th most imported product in Bolivia. Bolivia imports Friction Material primarily from: Brazil ($807k), Japan ($224k), Uruguay ($193k), China ($127k), and Peru ($86.3k).

The fastest growing import markets in Friction Material for Bolivia between 2021 and 2022 were Uruguay ($193k), Brazil ($48.1k), and China ($42.2k).

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 Friction Material. 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)$4.71M
IMPORTS (2022)$1.62M
NET TRADE (2022)$3.08M

In 2022, Bolivia exported $4.71M in Friction Material. The main destinations of Bolivia exports on Friction Material were Brazil ($647k), El Salvador ($593k), United States ($577k), Nicaragua ($511k), and Peru ($509k).

In 2022, Bolivia imported $1.62M in Friction Material, mainly from Brazil ($807k), Japan ($224k), Uruguay ($193k), China ($127k), and Peru ($86.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
El Salvador$350k (144%)
United States$311k (117%)
Nicaragua$251k (96.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Bolivia WERE (2021 - 2022):
Paraguay-$252k (-36%)
Peru-$143k (-22%)
Brazil-$140k (-17.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Friction Material were:
In 2022, Bolivia's main importing competitors in Friction Material were:

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $409k
TOP IMPORT POTENTIALBrazil+ $92.7k

Friction Material’s highest export potential is United States. With an export gap of $409k.   Friction Material’s highest import potential is Brazil with an import gap of $92.7k.

See methodology.

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