2022
Exports
$320kWorld Rnk 89 / 201
Flag Rnk 200 / 740
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$6.63MWorld Rnk 88 / 220
Flag Rnk 244 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $320k in Electric Soldering Equipment, making it the 89th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 200th most exported product in Bolivia. The main destination of Electric Soldering Equipment exports from Bolivia are: Canada ($183k), Germany ($73.7k), Austria ($52.8k), United States ($5.81k), and Chile ($3.27k).

The fastest growing export markets for Electric Soldering Equipment of Bolivia between 2021 and 2022 were Canada ($183k), Germany ($73.7k), and Austria ($52.8k).

Imports In 2022, Bolivia imported $6.63M in Electric Soldering Equipment, becoming the 88th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 244th most imported product in Bolivia. Bolivia imports Electric Soldering Equipment primarily from: China ($2.23M), Chile ($1.99M), United States ($738k), Brazil ($483k), and Canada ($233k).

The fastest growing import markets in Electric Soldering Equipment for Bolivia between 2021 and 2022 were United States ($293k), Canada ($194k), and Brazil ($120k).

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 Soldering Equipment. 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)$320k
IMPORTS (2022)$6.63M
NET TRADE (2022)-$6.31M

In 2022, Bolivia exported $320k in Electric Soldering Equipment. The main destinations of Bolivia exports on Electric Soldering Equipment were Canada ($183k), Germany ($73.7k), Austria ($52.8k), United States ($5.81k), and Chile ($3.27k).

In 2022, Bolivia imported $6.63M in Electric Soldering Equipment, mainly from China ($2.23M), Chile ($1.99M), United States ($738k), Brazil ($483k), and Canada ($233k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Canada$183k (1%)
Germany$73.7k (1%)
Austria$52.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Bolivia WERE (2021 - 2022):
Honduras-$3.3k (-100%)
Paraguay-$1.61k (-100%)
United States-$1.49k (-20.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Electric Soldering Equipment were:
In 2022, Bolivia's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCanada+ $78.2k
TOP IMPORT POTENTIALChina+ $719k

Electric Soldering Equipment’s highest export potential is Canada. With an export gap of $78.2k.   Electric Soldering Equipment’s highest import potential is China with an import gap of $719k.

See methodology.

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