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2022
Exports $9.65kWorld Rnk 84 / 109
Flag Rnk 485 / 740
2022
Destination $9.56k Turkey
2021 - 2022
FASTEST GROWING MARKET $9.56kTurkey
2022
PRODUCT COMPLEXITY IN Wool-2.11Rnk 1004 / 1025
2022
Imports $881kWorld Rnk 44 / 137
Flag Rnk 568 / 1143
2022
Origin $284k Argentina
2021 - 2022
FASTEST GROWING ORIGIN $284kArgentina
2022
ECONOMIC COMPLEXITY of Bolivia-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $9.65k in Wool, making it the 84th largest exporter of Wool in the world. At the same year, Wool was the 485th most exported product in Bolivia. The main destination of Wool exports from Bolivia are: Turkey ($9.56k) and United Kingdom ($90).

The fastest growing export markets for Wool of Bolivia between 2021 and 2022 were Turkey ($9.56k) and United Kingdom ($90).

Imports In 2022, Bolivia imported $881k in Wool, becoming the 44th largest importer of Wool in the world. At the same year, Wool was the 568th most imported product in Bolivia. Bolivia imports Wool primarily from: Argentina ($881k) and United Arab Emirates ($12).

The fastest growing import markets in Wool for Bolivia between 2021 and 2022 were Argentina ($284k) and United Arab Emirates ($12).

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 Wool. 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)$9.65k
IMPORTS (2022)$881k
NET TRADE (2022)-$871k

In 2022, Bolivia exported $9.65k in Wool. The main destinations of Bolivia exports on Wool were Turkey ($9.56k) and United Kingdom ($90).

In 2022, Bolivia imported $881k in Wool, mainly from Argentina ($881k) and United Arab Emirates ($12).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Turkey$9.56k (1%)
United Kingdom$90 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Bolivia WERE (2021 - 2022):
China-$2.15M (-100%)
United Arab Emirates-$11 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Wool were:
Australia $2.22B
South Africa $301M
New Zealand $275M
In 2022, Bolivia's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.19k
TOP IMPORT POTENTIALAustralia+ $1.35k

Wool’s highest export potential is China. With an export gap of $1.19k.   Wool’s highest import potential is Australia with an import gap of $1.35k.

See methodology.

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