2022
Exports
$325kWorld Rnk 105 / 194
Flag Rnk 199 / 740
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$96.3kWorld Rnk 190 / 223
Flag Rnk 876 / 1143
2022
ECONOMIC COMPLEXITY of Bolivia
-0.85Rnk 106 / 133

About

Exports In 2022, Bolivia exported $325k in Spices, making it the 105th largest exporter of Spices in the world. At the same year, Spices was the 199th most exported product in Bolivia. The main destination of Spices exports from Bolivia are: Spain ($317k), United Arab Emirates ($5.33k), Egypt ($2.23k), Denmark ($485), and Estonia ($260).

The fastest growing export markets for Spices of Bolivia between 2021 and 2022 were Spain ($317k), Denmark ($485), and Estonia ($168).

Imports In 2022, Bolivia imported $96.3k in Spices, becoming the 190th largest importer of Spices in the world. At the same year, Spices was the 876th most imported product in Bolivia. Bolivia imports Spices primarily from: United States ($42k), Argentina ($17.3k), Peru ($15.5k), Lebanon ($8.45k), and Spain ($7.12k).

The fastest growing import markets in Spices for Bolivia between 2021 and 2022 were Argentina ($7.48k), Lebanon ($5.47k), and Peru ($4.84k).

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 Spices. 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)$325k
IMPORTS (2022)$96.3k
NET TRADE (2022)$229k

In 2022, Bolivia exported $325k in Spices. The main destinations of Bolivia exports on Spices were Spain ($317k), United Arab Emirates ($5.33k), Egypt ($2.23k), Denmark ($485), and Estonia ($260).

In 2022, Bolivia imported $96.3k in Spices, mainly from United States ($42k), Argentina ($17.3k), Peru ($15.5k), Lebanon ($8.45k), and Spain ($7.12k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Bolivia WERE (2021 - 2022):
Spain$317k (1%)
Denmark$485 (1%)
Estonia$168 (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Bolivia WERE (2021 - 2022):
Egypt-$3.45k (-60.8%)
United Arab Emirates-$2.73k (-33.9%)
United States-$848 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $11.4k
TOP IMPORT POTENTIALPeru+ $20.6k

Spices’s highest export potential is United Arab Emirates. With an export gap of $11.4k.   Spices’s highest import potential is Peru with an import gap of $20.6k.

See methodology.

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