2022
Exports
$274kWorld Rnk 143 / 224
Flag Rnk 215 / 740
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$64.1MWorld Rnk 93 / 225
Flag Rnk 18 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $274k in Medical Instruments, making it the 143rd largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 215th most exported product in Bolivia. The main destination of Medical Instruments exports from Bolivia are: United States ($83.6k), Germany ($64.8k), Panama ($37.4k), Chile ($21.7k), and Poland ($21.4k).

The fastest growing export markets for Medical Instruments of Bolivia between 2021 and 2022 were United States ($55.8k), Panama ($37.4k), and Germany ($31.5k).

Imports In 2022, Bolivia imported $64.1M in Medical Instruments, becoming the 93rd largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 18th most imported product in Bolivia. Bolivia imports Medical Instruments primarily from: China ($14.2M), United States ($10.2M), Germany ($7.03M), Japan ($6.28M), and Brazil ($3.97M).

The fastest growing import markets in Medical Instruments for Bolivia between 2021 and 2022 were Japan ($4.15M), Spain ($3.43M), and China ($1.9M).

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 Medical Instruments. 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)$274k
IMPORTS (2022)$64.1M
NET TRADE (2022)-$63.8M

In 2022, Bolivia exported $274k in Medical Instruments. The main destinations of Bolivia exports on Medical Instruments were United States ($83.6k), Germany ($64.8k), Panama ($37.4k), Chile ($21.7k), and Poland ($21.4k).

In 2022, Bolivia imported $64.1M in Medical Instruments, mainly from China ($14.2M), United States ($10.2M), Germany ($7.03M), Japan ($6.28M), and Brazil ($3.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
United States$55.8k (201%)
Panama$37.4k (1%)
Germany$31.5k (94.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Bolivia WERE (2021 - 2022):
Brazil-$63.5k (-100%)
Canada-$27.4k (-90.4%)
Slovenia-$25.5k (-96.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Medical Instruments were:
In 2022, Bolivia's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $264k
TOP IMPORT POTENTIALUnited States+ $6.94M

Medical Instruments’s highest export potential is United States. With an export gap of $264k.   Medical Instruments’s highest import potential is United States with an import gap of $6.94M.

See methodology.

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