2022
Exports
$101kWorld Rnk 96 / 145
Flag Rnk 293 / 740
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$1.71MWorld Rnk 100 / 209
Flag Rnk 439 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $101k in Synthetic Rubber, making it the 96th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 293rd most exported product in Bolivia. The main destination of Synthetic Rubber exports from Bolivia are: Peru ($19.3k), United States ($17.2k), Chile ($16.8k), Libya ($8.53k), and Azerbaijan ($7.85k).

The fastest growing export markets for Synthetic Rubber of Bolivia between 2021 and 2022 were Chile ($16.8k), Peru ($16.3k), and United States ($11.9k).

Imports In 2022, Bolivia imported $1.71M in Synthetic Rubber, becoming the 100th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 439th most imported product in Bolivia. Bolivia imports Synthetic Rubber primarily from: United Arab Emirates ($395k), Peru ($326k), Argentina ($213k), South Korea ($185k), and Russia ($108k).

The fastest growing import markets in Synthetic Rubber for Bolivia between 2021 and 2022 were United Arab Emirates ($395k), South Korea ($124k), and Peru ($79.8k).

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 Synthetic Rubber. 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)$101k
IMPORTS (2022)$1.71M
NET TRADE (2022)-$1.61M

In 2022, Bolivia exported $101k in Synthetic Rubber. The main destinations of Bolivia exports on Synthetic Rubber were Peru ($19.3k), United States ($17.2k), Chile ($16.8k), Libya ($8.53k), and Azerbaijan ($7.85k).

In 2022, Bolivia imported $1.71M in Synthetic Rubber, mainly from United Arab Emirates ($395k), Peru ($326k), Argentina ($213k), South Korea ($185k), and Russia ($108k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Chile$16.8k (1%)
Peru$16.3k (548%)
United States$11.9k (220%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Bolivia WERE (2021 - 2022):
Brazil-$4.67k (-86.2%)
Nicaragua-$2.77k (-100%)
Netherlands-$1.96k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Synthetic Rubber were:
In 2022, Bolivia's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $53.4k
TOP IMPORT POTENTIALSouth Korea+ $159k

Synthetic Rubber’s highest export potential is United States. With an export gap of $53.4k.   Synthetic Rubber’s highest import potential is South Korea with an import gap of $159k.

See methodology.

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