Bolivia Seen Decent Growth in Brazil Nut Exports in 2014

Other Tree And Bush Fruits And Nuts August 24, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

Bolivia dominates in the global Brazil nut trade. In 2014, Bolivia exported 25 thousand tonnes of Brazil nuts totaling 175 million USD, a robust 35% over the previous year. Its primary trading partner was the United Kingdom, where it supplied 24% of its total Brazil nut exports in value terms, accounting for 89.5% of the United Kingdom's total imports.

From 2007 to 2014, Bolivia was a net exporter of Brazil nuts. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.

Peru and Germany were among the other main global suppliers of Brazil nuts in 2014. The fastest growing exporters from 2007 to 2014 were Spain (+33% per year) and Germany (+27% per year). Germany significantly strengthened its position in the global export structure.

Bolivia's top 5 trading partners in 2014 were the United Kingdom, the U.S., Germany, the Netherlands and Australia, with a combined 83% share of Bolivia's Brazil nut exports. The share of Germany increased sharply (+14 percentage points), while the share of the United Kingdom illustrated negative dynamics (-16 percentage points).

Source: World: Brazil Nuts - Market Report. Analysis And Forecast To 2020