2022
Exports
$46.3kWorld Rnk 108 / 159
Flag Rnk 361 / 740
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$3.28MWorld Rnk 94 / 209
Flag Rnk 358 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $46.3k in Electric Furnaces, making it the 108th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 361st most exported product in Bolivia. The main destination of Electric Furnaces exports from Bolivia are: Colombia ($23.1k), United States ($22.2k), and Peru ($928).

The fastest growing export markets for Electric Furnaces of Bolivia between 2021 and 2022 were Colombia ($23.1k), United States ($22.2k), and Peru ($911).

Imports In 2022, Bolivia imported $3.28M in Electric Furnaces, becoming the 94th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 358th most imported product in Bolivia. Bolivia imports Electric Furnaces primarily from: Brazil ($1.04M), China ($955k), United States ($321k), Italy ($268k), and Germany ($180k).

The fastest growing import markets in Electric Furnaces for Bolivia between 2021 and 2022 were Brazil ($769k), China ($474k), and Italy ($130k).

Latest Trends

Jul 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 Electric Furnaces. 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)$46.3k
IMPORTS (2022)$3.28M
NET TRADE (2022)-$3.24M

In 2022, Bolivia exported $46.3k in Electric Furnaces. The main destinations of Bolivia exports on Electric Furnaces were Colombia ($23.1k), United States ($22.2k), and Peru ($928).

In 2022, Bolivia imported $3.28M in Electric Furnaces, mainly from Brazil ($1.04M), China ($955k), United States ($321k), Italy ($268k), and Germany ($180k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Colombia$23.1k (1%)
United States$22.2k (1%)
Peru$911 (5.36k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Bolivia WERE (2021 - 2022):Paraguay-$1.03k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Bolivia's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36.1k
TOP IMPORT POTENTIALChina+ $342k

Electric Furnaces’s highest export potential is United States. With an export gap of $36.1k.   Electric Furnaces’s highest import potential is China with an import gap of $342k.

See methodology.

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