2023
Exports
$17.5MWorld Rnk 45 / 127
Flag Rnk 39 / 748
falsefalse Argentina
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$341World Rnk 115 / 125
Flag Rnk 1111 / 1131
2023
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 105 / 132

About

Exports In 2023, Bolivia exported $17.5M in Iron Ore, making it the 45th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 39th most exported product in Bolivia. The main destination of Iron Ore exports from Bolivia are: Argentina ($9.24M), Kenya ($4.62M), China ($3.13M), Brazil ($353k), and Paraguay ($145k).

The fastest growing export markets for Iron Ore of Bolivia between 2022 and 2023 were Kenya ($4.62M), China ($237k), and South Korea ($2.15k).

Imports In 2023, Bolivia imported $341 in Iron Ore, becoming the 115th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1111th most imported product in Bolivia. Bolivia imports Iron Ore primarily from: Peru ($341).

Latest Trends

Dec 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 Iron Ore. 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)$17.5M
IMPORTS (2023)$341
NET TRADE (2023)$17.5M

In 2023, Bolivia exported $17.5M in Iron Ore. The main destinations of Bolivia exports on Iron Ore were Argentina ($9.24M), Kenya ($4.62M), China ($3.13M), Brazil ($353k), and Paraguay ($145k).

In 2023, Bolivia imported $341 in Iron Ore, mainly from Peru ($341).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Bolivia WERE (2022 - 2023):
Kenya$4.62M (1%)
China$237k (8.18%)
South Korea$2.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Bolivia WERE (2022 - 2023):
Romania-$11.3M (-100%)
United Kingdom-$3.07M (-100%)
Argentina-$876k (-8.66%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bolivia's main exporting competitors in Iron Ore were:
In 2023, Bolivia's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.99M
TOP IMPORT POTENTIALPeru+ $4.86k

Iron Ore’s highest export potential is China. With an export gap of $7.99M.   Iron Ore’s highest import potential is Peru with an import gap of $4.86k.

See methodology.

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