2022
Exports
$132MWorld Rnk 22 / 152
Flag Rnk 12 / 740
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$181kWorld Rnk 179 / 211
Flag Rnk 807 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $132M in Seed Oils, making it the 22nd largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 12th most exported product in Bolivia. The main destination of Seed Oils exports from Bolivia are: Ecuador ($98.2M), Peru ($11.3M), Colombia ($10.5M), Brazil ($8.9M), and Costa Rica ($1.71M).

The fastest growing export markets for Seed Oils of Bolivia between 2021 and 2022 were Ecuador ($20.2M), Peru ($9.12M), and Chile ($802k).

Imports In 2022, Bolivia imported $181k in Seed Oils, becoming the 179th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 807th most imported product in Bolivia. Bolivia imports Seed Oils primarily from: Argentina ($180k) and Switzerland ($667).

The fastest growing import markets in Seed Oils for Bolivia between 2021 and 2022 were Switzerland ($667).

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 Seed Oils. 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)$132M
IMPORTS (2022)$181k
NET TRADE (2022)$132M

In 2022, Bolivia exported $132M in Seed Oils. The main destinations of Bolivia exports on Seed Oils were Ecuador ($98.2M), Peru ($11.3M), Colombia ($10.5M), Brazil ($8.9M), and Costa Rica ($1.71M).

In 2022, Bolivia imported $181k in Seed Oils, mainly from Argentina ($180k) and Switzerland ($667).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Ecuador$20.2M (25.9%)
Peru$9.12M (429%)
Chile$802k (956%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Bolivia WERE (2021 - 2022):
Colombia-$10.3M (-49.6%)
Dominican Republic-$1.31M (-100%)
Costa Rica-$142k (-7.68%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Bolivia's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $3.16M
TOP IMPORT POTENTIALArgentina+ $146k

Seed Oils’s highest export potential is Brazil. With an export gap of $3.16M.   Seed Oils’s highest import potential is Argentina with an import gap of $146k.

See methodology.

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