Key Market Indicators
Bolivia's iron ore exports are projected to reach $5 million by 2026, up 4.6% on average each year. This compares to $3.8 million in 2021. Supply has grown 173.2% since 2010. In 2021, Bolivia was the 33rd biggest exporter, while Albania was 32nd. Brazil, Canada and South Africa were the next biggest exporters. Meanwhile, Bolivian iron ore imports are set to fall 18.2% year on year and reach $1,010 by 2026. In 2021, this figure was $3,090, with Luxembourg being the biggest importer. Japan, South Korea and Germany were the next biggest importers. Since 1999, Bolivian demand has decreased by 41.9% year on year.
