2022
Exports
$34.3kWorld Rnk 96 / 158
Flag Rnk 387 / 740
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$30.8MWorld Rnk 41 / 213
Flag Rnk 63 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $34.3k in Industrial Furnaces, making it the 96th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 387th most exported product in Bolivia. The main destination of Industrial Furnaces exports from Bolivia are: Colombia ($20.7k), Uganda ($12.5k), United States ($700), and Chile ($382).

The fastest growing export markets for Industrial Furnaces of Bolivia between 2021 and 2022 were Colombia ($20.7k), Uganda ($12.5k), and United States ($420).

Imports In 2022, Bolivia imported $30.8M in Industrial Furnaces, becoming the 41st largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 63rd most imported product in Bolivia. Bolivia imports Industrial Furnaces primarily from: China ($25.8M), Brazil ($1.5M), United States ($1.23M), Germany ($870k), and Spain ($525k).

The fastest growing import markets in Industrial Furnaces for Bolivia between 2021 and 2022 were China ($24.7M), United States ($1.19M), and Germany ($858k).

Latest Trends

Nov 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 Industrial Furnaces. 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)$34.3k
IMPORTS (2022)$30.8M
NET TRADE (2022)-$30.7M

In 2022, Bolivia exported $34.3k in Industrial Furnaces. The main destinations of Bolivia exports on Industrial Furnaces were Colombia ($20.7k), Uganda ($12.5k), United States ($700), and Chile ($382).

In 2022, Bolivia imported $30.8M in Industrial Furnaces, mainly from China ($25.8M), Brazil ($1.5M), United States ($1.23M), Germany ($870k), and Spain ($525k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Colombia$20.7k (1%)
Uganda$12.5k (1%)
United States$420 (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Bolivia WERE (2021 - 2022):
Trinidad and Tobago-$8.12k (-100%)
Spain-$1.7k (-100%)
Paraguay-$25 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Bolivia's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $6.5k
TOP IMPORT POTENTIALBrazil+ $561k

Industrial Furnaces’s highest export potential is Colombia. With an export gap of $6.5k.   Industrial Furnaces’s highest import potential is Brazil with an import gap of $561k.

See methodology.

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