2023
Exports
$412kWorld Rnk 108 / 198
Flag Rnk 196 / 748
2023
PRODUCT COMPLEXITY IN Spices
-1.59Rnk 959 / 1025
2023
Imports
$134kWorld Rnk 187 / 224
Flag Rnk 849 / 1131
2023
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 105 / 132

About

Exports In 2023, Bolivia exported $412k in Spices, making it the 108th largest exporter of Spices in the world. At the same year, Spices was the 196th most exported product in Bolivia. The main destination of Spices exports from Bolivia are: Spain ($379k), Saudi Arabia ($20.7k), Argentina ($8.14k), United Arab Emirates ($1.39k), and Jordan ($1k).

The fastest growing export markets for Spices of Bolivia between 2022 and 2023 were Spain ($45.5k), Saudi Arabia ($20.7k), and Argentina ($8.14k).

Imports In 2023, Bolivia imported $134k in Spices, becoming the 187th largest importer of Spices in the world. At the same year, Spices was the 849th most imported product in Bolivia. Bolivia imports Spices primarily from: Peru ($88.7k), United States ($17.8k), Argentina ($13.1k), Spain ($11.3k), and Brazil ($776).

The fastest growing import markets in Spices for Bolivia between 2022 and 2023 were Peru ($72.6k), Spain ($1.47k), and Italy ($461).

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 Spices. 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)$412k
IMPORTS (2023)$134k
NET TRADE (2023)$278k

In 2023, Bolivia exported $412k in Spices. The main destinations of Bolivia exports on Spices were Spain ($379k), Saudi Arabia ($20.7k), Argentina ($8.14k), United Arab Emirates ($1.39k), and Jordan ($1k).

In 2023, Bolivia imported $134k in Spices, mainly from Peru ($88.7k), United States ($17.8k), Argentina ($13.1k), Spain ($11.3k), and Brazil ($776).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Bolivia WERE (2022 - 2023):
Spain$45.5k (13.6%)
Saudi Arabia$20.7k (1%)
Argentina$8.14k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Bolivia WERE (2022 - 2023):
United Arab Emirates-$4.27k (-75.5%)
Egypt-$2.86k (-100%)
Denmark-$513 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $11.4k
TOP IMPORT POTENTIALPeru+ $20.6k

Spices’s highest export potential is United Arab Emirates. With an export gap of $11.4k.   Spices’s highest import potential is Peru with an import gap of $20.6k.

See methodology.

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