Overview In December 2021 Bolivia exported $966M and imported $1.19B, resulting in a negative trade balance of $224M. Between December 2020 and December 2021 the exports of Bolivia have increased by $178M (22.6%) from $788M to $966M, while imports increased by $334M (39.1%) from $855M to $1.19B.
Trade In December 2021, the top exports of Bolivia were Gold, non-monetary (excluding gold ores and... ($247M), Natural gas, in the gaseous state ($202M), Zinc ores and concentrates ($106M), Tin and tin alloys, unwrought ($68.2M), and Precious metal ores and concentrates ($54.4M). In December 2021 the top imports of Bolivia were Gas oils ($347M), Motor spirit (gasoline) and other light... ($90.8M), Bars and rods (other than those... ($23.3M), Insecticides put up in forms or... ($21.1M), and Motor vehicles for the transport of... ($16M).
Origins In December 2021 the exports of Bolivia were mainly from Santa Cruz ($263M), La Paz ($216M), Potosí ($194M), Tarija ($108M), and Beni ($90.9M), while imports destinations were mainly Santa Cruz ($454M), La Paz ($226M), Oruro ($209M), Tarija ($174M), and Cochabamba ($67.8M).
Destinations In December 2021, Bolivia exported mostly to India ($235M), Brazil ($149M), Argentina ($91.2M), Japan ($65.5M), and South Korea ($60M), and imported mostly from China ($185M), Brazil ($184M), Argentina ($182M), Chile ($137M), and Peru ($112M).
Growth In December 2021, the increase in Bolivia's year-by-year exports was explained primarily by an increase in exports to Japan ($25.8M or 67.7%), Peru ($20.5M or 56.7%), and South Korea ($18.2M or 54%), and product exports increase in Oilcake and other solid residues (except... ($26.1M or 86.5%), Precious metal ores and concentrates ($22.4M or 43.9%), and Soya bean oil and its fractions ($13.8M or 89.3%). In December 2021, the increase in Bolivia's year-by-year imports was explained primarily by an increase in imports from Chile ($37.3M or 130%), Peru ($10.8M or 18%), and Singapore ($10.7M or 1.27k%), and product imports increase in Gas oils ($73.4M or 319%), Motor spirit (gasoline) and other light... ($8.71M or 30.1%), and Pharmaceutical goods, other than medicaments ($6.05M or 641%).