Coconuts, Brazil nuts and cashews market in Bolivia

Earlier Report Observations

The market volume for coconuts, Brazil nuts and cashews in Bolivia exhibited strong fluctuations from 2018 to 2023. Starting at 10 167 tons in 2018, it declined to 6 937 tons by 2020, then rebounded to 10 126 tons in 2021. After a drop to 7 902 tons in 2022, the market surged to 11 522 tons in 2023, marking the highest point in the six-year period.

These movements were influenced by varying levels of domestic production, which ranged between 30 843 and 34 196 tons, and by shifts in international trade. Exports consistently accounted for a large share of output, while imports fell from 1 599 tons in 2018 to 279 tons in 2022 before rising to 526 tons in 2023.

Production coconuts, Brazil nuts and cashews in Bolivia

In kind, 2017-2020, t

Top producers of coconuts, Brazil nuts and cashews, 2017-2020

World map of production of coconuts, Brazil nuts and cashews, 2017-2020

Bolivia's production of coconuts, Brazil nuts, and cashews declined for the second year in a row. In 2020, the country produced 30 843 tonnes, marking a 1.0% decrease from the previous year. Looking at the period from 2017 to 2020, overall production grew by 22.2%, which translates to an average annual increase of 6.9%. The highest production level was recorded in 2018 at 34 196 tonnes, when output surged by 35.5%. However, the following year saw the sharpest decline of 8.9%.

Annual dynamics of production in Bolivia in kind, 2017-2020, t

Exports coconuts, Brazil nuts and cashews from Bolivia

Exports in kind, t

The export market for these nuts showed an unstable trend over the observed period. Bolivia's exports reached their lowest point in 2017, then peaked in 2018, with a 1.8-fold difference between these years. In 2020, the country exported 24 430 tonnes, representing a modest increase of 4.7% compared to 2019. The highest export volume was recorded in 2018 at 25 628 tonnes, which saw an 81.6% jump. Conversely, 2019 experienced the largest decline of 8.9%.

Annual dynamics of product's exports from Bolivia in kind, 2017-2020, t

From 2017 to 2020, the Netherlands, the United Kingdom, and Germany were the main buyers of Bolivia's coconuts, Brazil nuts, and cashews in terms of volume. The Netherlands accounted for 23.7% of exports, the United Kingdom for 17.8%, and Germany for 15.5%. Together, these three countries made up 57.0% of Bolivia's total exports in kind during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Bolivia in kind, 2017-2020

Exports in value, M $ US

Bolivia's export value of coconuts, Brazil nuts, and cashews fell for the second consecutive year. In 2020, exports amounted to 126.5 million US dollars, down 18.9% from the previous year. Over the 2017-2020 timeframe, export value decreased by 26.2%, averaging an annual decline of 9.6%. The peak was in 2018 at 221.2 million US dollars, which saw a 29.0% increase. The sharpest drop occurred in 2019, with a 29.5% decrease.

Annual dynamics of product's exports from Bolivia in value, 2017-2020, M $ US

Throughout 2017-2020, the Netherlands, the United Kingdom, and Germany remained the key destinations for Bolivia's nut exports in value terms. The Netherlands represented 21.3% of export value, the United Kingdom 17.4%, and Germany 16.3%. Collectively, these three markets accounted for 55.0% of Bolivia's total export flows in value during these years.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bolivia in value, 2017-2020

Imports coconuts, Brazil nuts and cashews to Bolivia

Imports in kind, t

Import volumes for these nuts in Bolivia displayed significant volatility. The lowest point was in 2020, while the peak occurred in 2018, with imports fluctuating 3.1 times between these years. In 2020, Bolivia imported 524 tonnes, a dramatic 54.4% drop from 2019. The highest import volume was recorded in 2018 at 1 599 tonnes, which saw a substantial increase of 124.9%.

Annual dynamics of product's imports to Bolivia in kind, 2017-2020, t

Between 2017 and 2020, Brazil, Indonesia, and Malaysia were consistently the top sources for Bolivia's imports of coconuts, Brazil nuts, and cashews in volume. Brazil supplied 49.4% of imports, Indonesia 18.0%, and Malaysia 12.6%. Together, these three countries accounted for 80.0% of Bolivia's total imports in kind over this period.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Bolivia in kind, 2017-2020

Imports in value, M $ US

Import values showed irregular changes, indicating a volatile market. The lowest value was in 2017, while the highest was in 2018, with a peak-to-trough ratio of 2.9 times. In 2020, Bolivia's imports of these nuts reached 0.4 million US dollars, marking an intense decline of 54.9% from the previous year. The maximum value was recorded in 2018 at 1.0 million US dollars, which saw a surge of 189.0%.

Annual dynamics of product's imports to Bolivia in value, 2017-2020, M $ US

From 2017 to 2020, three principal markets—Brazil, Indonesia, and Malaysia—collectively accounted for 72.5% of Bolivia's total import value for coconuts, Brazil nuts, and cashews.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Bolivia in value, 2017-2020