2023
Exports
$249MWorld Rnk 10 / 142
Flag Rnk 9 / 748
2023
PRODUCT COMPLEXITY IN Soybeans
-1.67Rnk 968 / 1025
2023
Imports
$2.48MWorld Rnk 94 / 193
Flag Rnk 400 / 1131
2023
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 105 / 132

About

Exports In 2023, Bolivia exported $249M in Soybeans, making it the 10th largest exporter of Soybeans in the world. At the same year, Soybeans was the 9th most exported product in Bolivia. The main destination of Soybeans exports from Bolivia are: Argentina ($199M), Peru ($34.9M), Colombia ($6.49M), Chile ($5.45M), and Chinese Taipei ($1.18M).

The fastest growing export markets for Soybeans of Bolivia between 2022 and 2023 were Chile ($5.42M), Chinese Taipei ($1.18M), and Indonesia ($1.01M).

Imports In 2023, Bolivia imported $2.48M in Soybeans, becoming the 94th largest importer of Soybeans in the world. At the same year, Soybeans was the 400th most imported product in Bolivia. Bolivia imports Soybeans primarily from: Argentina ($2.27M), Paraguay ($191k), Uruguay ($20.7k), and Brazil ($4.05k).

The fastest growing import markets in Soybeans for Bolivia between 2022 and 2023 were Paraguay ($190k), Argentina ($87.6k), and Uruguay ($20.7k).

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 Soybeans. 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)$249M
IMPORTS (2023)$2.48M
NET TRADE (2023)$247M

In 2023, Bolivia exported $249M in Soybeans. The main destinations of Bolivia exports on Soybeans were Argentina ($199M), Peru ($34.9M), Colombia ($6.49M), Chile ($5.45M), and Chinese Taipei ($1.18M).

In 2023, Bolivia imported $2.48M in Soybeans, mainly from Argentina ($2.27M), Paraguay ($191k), Uruguay ($20.7k), and Brazil ($4.05k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Bolivia WERE (2022 - 2023):
Chile$5.42M (16.5k%)
Chinese Taipei$1.18M (1%)
Indonesia$1.01M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Bolivia WERE (2022 - 2023):
Argentina-$85.7M (-30.1%)
Peru-$26.2M (-42.9%)
Colombia-$14.9M (-69.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bolivia's main exporting competitors in Soybeans were:
In 2023, Bolivia's main importing competitors in Soybeans were:
China $56.6B
Japan $2.14B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $6.42M
TOP IMPORT POTENTIALArgentina+ $669k

Soybeans’s highest export potential is Colombia. With an export gap of $6.42M.   Soybeans’s highest import potential is Argentina with an import gap of $669k.

See methodology.

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