2023
Exports
$132MWorld Rnk 28 / 136
Flag Rnk 10 / 748
2023
PRODUCT COMPLEXITY IN Silver
-0.85Rnk 794 / 1025
2023
Imports
$61kWorld Rnk 111 / 179
Flag Rnk 923 / 1131
2023
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 105 / 132

About

Exports In 2023, Bolivia exported $132M in Silver, making it the 28th largest exporter of Silver in the world. At the same year, Silver was the 10th most exported product in Bolivia. The main destination of Silver exports from Bolivia are: Canada ($109M), United States ($13.9M), Brazil ($4.98M), Switzerland ($1.62M), and Hong Kong ($1.52M).

The fastest growing export markets for Silver of Bolivia between 2022 and 2023 were United States ($8.99M), Canada ($8.11M), and Switzerland ($1.62M).

Imports In 2023, Bolivia imported $61k in Silver, becoming the 111th largest importer of Silver in the world. At the same year, Silver was the 923rd most imported product in Bolivia. Bolivia imports Silver primarily from: Italy ($21.5k), Brazil ($17.2k), Chile ($5.9k), Spain ($4.92k), and France ($4.65k).

The fastest growing import markets in Silver for Bolivia between 2022 and 2023 were Brazil ($11.9k), China ($2.26k), and Spain ($2.06k).

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 Silver. 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)$132M
IMPORTS (2023)$61k
NET TRADE (2023)$132M

In 2023, Bolivia exported $132M in Silver. The main destinations of Bolivia exports on Silver were Canada ($109M), United States ($13.9M), Brazil ($4.98M), Switzerland ($1.62M), and Hong Kong ($1.52M).

In 2023, Bolivia imported $61k in Silver, mainly from Italy ($21.5k), Brazil ($17.2k), Chile ($5.9k), Spain ($4.92k), and France ($4.65k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Bolivia WERE (2022 - 2023):
United States$8.99M (183%)
Canada$8.11M (8.04%)
Switzerland$1.62M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Bolivia WERE (2022 - 2023):Brazil-$2.5M (-33.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.93M
TOP IMPORT POTENTIALChile+ $26k

Silver’s highest export potential is United States. With an export gap of $7.93M.   Silver’s highest import potential is Chile with an import gap of $26k.

See methodology.

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