2022
Exports
$37.7MWorld Rnk 123 / 214
Flag Rnk 26 / 740
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$1.12BWorld Rnk 109 / 225
Flag Rnk 1 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $37.7M in Refined Petroleum, making it the 123rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 26th most exported product in Bolivia. The main destination of Refined Petroleum exports from Bolivia are: Spain ($13.6M), Panama ($7.51M), Ecuador ($4.05M), Colombia ($3.22M), and Peru ($2.38M).

The fastest growing export markets for Refined Petroleum of Bolivia between 2021 and 2022 were Spain ($7.13M), Ecuador ($3.15M), and Colombia ($2.23M).

Imports In 2022, Bolivia imported $1.12B in Refined Petroleum, becoming the 109th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Bolivia. Bolivia imports Refined Petroleum primarily from: Chile ($416M), Singapore ($217M), Peru ($168M), United States ($53.6M), and Argentina ($38.7M).

The fastest growing import markets in Refined Petroleum for Bolivia between 2021 and 2022 were Chile ($264M), Singapore ($138M), and Lithuania ($30.2M).

Latest Trends

Aug 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 Refined Petroleum. 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)$37.7M
IMPORTS (2022)$1.12B
NET TRADE (2022)-$1.09B

In 2022, Bolivia exported $37.7M in Refined Petroleum. The main destinations of Bolivia exports on Refined Petroleum were Spain ($13.6M), Panama ($7.51M), Ecuador ($4.05M), Colombia ($3.22M), and Peru ($2.38M).

In 2022, Bolivia imported $1.12B in Refined Petroleum, mainly from Chile ($416M), Singapore ($217M), Peru ($168M), United States ($53.6M), and Argentina ($38.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Spain$7.13M (110%)
Ecuador$3.15M (354%)
Colombia$2.23M (226%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Bolivia WERE (2021 - 2022):
United States-$162k (-36.8%)
France-$50.1k (-91.6%)
Ukraine-$41.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Refined Petroleum were:
In 2022, Bolivia's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $5.47M
TOP IMPORT POTENTIALUnited States+ $84.1M

Refined Petroleum’s highest export potential is Brazil. With an export gap of $5.47M.   Refined Petroleum’s highest import potential is United States with an import gap of $84.1M.

See methodology.

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