2022
Exports
$1.03BWorld Rnk 5 / 124
Flag Rnk 4 / 740
falsefalse Colombia
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.24Rnk 894 / 1025
2022
Imports
$27.1kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $1.03B in Soybean Meal, making it the 5th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 4th most exported product in Bolivia. The main destination of Soybean Meal exports from Bolivia are: Colombia ($554M), Peru ($307M), Chile ($98.2M), Turkey ($28.1M), and Poland ($14.2M).

The fastest growing export markets for Soybean Meal of Bolivia between 2021 and 2022 were Colombia ($230M), Chile ($55.4M), and Turkey ($18.4M).

Imports In 2020, Bolivia imported $27.1k in Soybean Meal, becoming the 0th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 0th most imported product in Bolivia. Bolivia imports Soybean Meal primarily from: N/A.

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 Soybean Meal. 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)$1.03B
IMPORTS (2020)$27.1k
NET TRADE (2022)$1.03B

In 2022, Bolivia exported $1.03B in Soybean Meal. The main destinations of Bolivia exports on Soybean Meal were Colombia ($554M), Peru ($307M), Chile ($98.2M), Turkey ($28.1M), and Poland ($14.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Colombia$230M (70.7%)
Chile$55.4M (129%)
Turkey$18.4M (189%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Bolivia WERE (2021 - 2022):
Ecuador-$12.1M (-74.9%)
Venezuela-$7.4M (-100%)
Ghana-$4.6M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bolivia's main exporting competitors in Soybean Meal were:
In 2022, Bolivia's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $7.51M
TOP IMPORT POTENTIALBrazil+ $768

Soybean Meal’s highest export potential is Turkey. With an export gap of $7.51M.   Soybean Meal’s highest import potential is Brazil with an import gap of $768.

See methodology.

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