Bolivia / Uruguay

Overview In December 2023, Bolivia exported $1.14M and imported $6.57M from Uruguay, resulting in a negative trade balance of $5.44M. Between December 2022 and December 2023 the exports of Bolivia have increased by $237k (26.4%) from $899k to $1.14M, while imports decreased by $-2.18M (-24.9%) from $8.75M to $6.57M.

Trade In December 2023, the top exports of Bolivia to Uruguay were Oilcake and other solid residues (except... ($323k), Wood of non-coniferous species, sawn or... ($290k), Acyclic monohydric alcohols ($98k), Fibreboard of wood or other ligneous... ($90.8k), and Bread, pastry, cakes, biscuits and other... ($81.4k). In December 2023 the top imports of Bolivia from Uruguay were Insecticides put up in forms or... ($2.93M), Malt, whether or not roasted (including... ($1.74M), Medicaments, n.e.s. ($668k), Milk and cream, concentrated or sweetened ($653k), and Albuminoidal substances, modified starches and glues ($266k).

Origins In December 2023 the exports of Bolivia were mainly from Santa Cruz ($895k), Cochabamba ($107k), Tarija ($58.6k), Beni ($34.6k), and La Paz ($32.8k), while imports destinations were mainly Tarija ($3.55M), Santa Cruz ($1.13M), La Paz ($1.13M), Potosí ($385k), and Cochabamba ($372k).

Growth In December 2023, the increase in Bolivia's year-by-year exports to Uruguay was explained primarily by an increase in product exports in Wood of non-coniferous species, sawn or... ($220k or 315%), Oilcake and other solid residues (except... ($112k or 53.3%), and Acyclic monohydric alcohols ($77.2k or 371%). In December 2023, the decrease in Bolivia's year-by-year imports  from Uruguay was explained primarily by an decrease in product imports  in Insecticides put up in forms or... ($-400k or -12%), Chemical products and preparations, n.e.s. ($-236k or -76%), and Food preparations, n.e.s. ($-137k or -98.9%).