Key Market Indicators
Bolivia is set to see an increase in its wool imports and exports over the next five years. Imports are expected to reach $8 million by 2026, growing at a rate of 1.6% year on year on average since 1997. In 2021, Bolivia ranked 68th in the world for imports, with the Philippines ahead at $7.3 million. Italy, Germany and the United Kingdom followed as the next three biggest importers. Exports are expected to reach $14.6 million by 2026, growing at a rate of 3.3% year on year since 1997. In 2021, Bolivia ranked 47th in the world for exports, with the United Arab Emirates ahead at $12 million. China, Italy and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
