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2022
Exports $2.05kWorld Rnk 119 / 157
Flag Rnk 580 / 740
2022
Destination $1.04k Trinidad and Tobago
2021 - 2022
FASTEST GROWING MARKET $1.04kTrinidad and Tobago
2022
PRODUCT COMPLEXITY IN Silicone1.72Rnk 20 / 1025
2022
Imports $3.29MWorld Rnk 90 / 215
Flag Rnk 356 / 1143
2022
Origin $469k United States
2021 - 2022
FASTEST GROWING ORIGIN $469kUnited States
2022
ECONOMIC COMPLEXITY of Bolivia-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $2.05k in Silicone, making it the 119th largest exporter of Silicone in the world. At the same year, Silicone was the 580th most exported product in Bolivia. The main destination of Silicone exports from Bolivia are: Trinidad and Tobago ($1.04k), Argentina ($1k), and Chile ($5).

The fastest growing export markets for Silicone of Bolivia between 2021 and 2022 were Trinidad and Tobago ($1.04k) and Argentina ($1k).

Imports In 2022, Bolivia imported $3.29M in Silicone, becoming the 90th largest importer of Silicone in the world. At the same year, Silicone was the 356th most imported product in Bolivia. Bolivia imports Silicone primarily from: United States ($919k), Brazil ($751k), China ($492k), Peru ($331k), and Argentina ($291k).

The fastest growing import markets in Silicone for Bolivia between 2021 and 2022 were United States ($469k), Brazil ($305k), and Argentina ($123k).

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 Silicone. 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)$2.05k
IMPORTS (2022)$3.29M
NET TRADE (2022)-$3.29M

In 2022, Bolivia exported $2.05k in Silicone. The main destinations of Bolivia exports on Silicone were Trinidad and Tobago ($1.04k), Argentina ($1k), and Chile ($5).

In 2022, Bolivia imported $3.29M in Silicone, mainly from United States ($919k), Brazil ($751k), China ($492k), Peru ($331k), and Argentina ($291k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Trinidad and Tobago$1.04k (1%)
Argentina$1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Bolivia WERE (2021 - 2022):
Chile-$3.45k (-99.9%)
Paraguay-$78 (-100%)
United States-$30 (-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 Silicone were:
China $2.2B
Germany $2.07B
United States $1.55B
In 2022, Bolivia's main importing competitors in Silicone were:
United States $1.2B
China $1B
South Korea $600M

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $1.93k
TOP IMPORT POTENTIALChina+ $420k

Silicone’s highest export potential is Argentina. With an export gap of $1.93k.   Silicone’s highest import potential is China with an import gap of $420k.

See methodology.

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