2022
Exports
$2.82MWorld Rnk 126 / 223
Flag Rnk 49 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$220MWorld Rnk 120 / 226
Flag Rnk 10 / 96
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $2.82M in Pharmaceutical products, making it the 126th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 49th most exported product in Bolivia. The main destination of Pharmaceutical products exports from Bolivia are: Paraguay ($1.63M), Peru ($295k), Uruguay ($186k), Guatemala ($144k), and Colombia ($139k).

The fastest growing export markets for Pharmaceutical products of Bolivia between 2021 and 2022 were Paraguay ($873k), Uruguay ($162k), and Guatemala ($144k).

Imports In 2022, Bolivia imported $220M in Pharmaceutical products, becoming the 120th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 10th most imported product in Bolivia. Bolivia imports Pharmaceutical products primarily from: India ($34.2M), Chile ($24.2M), Argentina ($22.2M), United States ($16.3M), and Brazil ($13.4M).

The fastest growing import markets in Pharmaceutical products for Bolivia between 2021 and 2022 were Chile ($4.14M), Romania ($3.27M), and Brazil ($2.34M).

Latest Trends

Jul 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 Pharmaceutical products. 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)$2.82M
IMPORTS (2022)$220M
NET TRADE (2022)-$218M

In 2022, Bolivia exported $2.82M in Pharmaceutical products. The main destinations of Bolivia exports on Pharmaceutical products were Paraguay ($1.63M), Peru ($295k), Uruguay ($186k), Guatemala ($144k), and Colombia ($139k).

In 2022, Bolivia imported $220M in Pharmaceutical products, mainly from India ($34.2M), Chile ($24.2M), Argentina ($22.2M), United States ($16.3M), and Brazil ($13.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Paraguay$873k (116%)
Uruguay$162k (667%)
Guatemala$144k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Bolivia WERE (2021 - 2022):
Peru-$226k (-43.4%)
Belgium-$85.1k (-99.8%)
France-$25.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Pharmaceutical products were:
In 2022, Bolivia's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPeru+ $299k
TOP IMPORT POTENTIALIndia+ $15M

Pharmaceutical products’s highest export potential is Peru. With an export gap of $299k.   Pharmaceutical products’s highest import potential is India with an import gap of $15M.

See methodology.

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