# Plurinational State of Bolivia to KOR HS 854140 new corridor signal

This page reviews a reported new-corridor signal for electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 38/100
- Reported period: 2024
- Buyer market imports: $2.2B
- Buyer market growth: -2.5%
- Current exporter share: 0.0%
- Share gap: 37.6%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $2.2B
- Three-year buyer-import projection: $2.9B
- Supplier countries observed: 72
- Average buyer imports: $1.5B
- Historical buyer-import peak: $2.7B
- Full-history buyer-import CAGR: +9.0%
- Latest buyer-import annual change: -2.5%

## Competition landscape

- Top supplier: Japan
- Top supplier share: 37.6%
- Market concentration: 2,497
- Exporter share: 0.0%
- Share gap to peer benchmark: 37.6%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 17,263 km
- Trade agreement: Not reported
- Business entry time: 8 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $34.8K
- GDP per-person growth: +8.6%
- Population: 51,745k
- GDP: $1.8T
- GDP five-year CAGR: Not reported
- Investment rate: 32.1%
- Savings rate: 33.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $77.7 | +0.0% |

## Broader route context

Broader Plurinational State of Bolivia to KOR route exports provide route context only; they are not presented as HS 854140 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $7.5M | +0.0% |
| 1996 | $550.4K | -92.7% |
| 1997 | $610.4K | +10.9% |
| 1998 | $16.3M | +2562.0% |
| 1999 | $7.7M | -52.7% |
| 2000 | $5.7M | -25.7% |
| 2001 | $11.7M | +105.2% |
| 2002 | $7.2M | -39.0% |
| 2003 | $23.7M | +231.2% |
| 2004 | $57.4M | +142.1% |
| 2005 | $52.1M | -9.2% |
| 2006 | $123.8M | +137.4% |
| 2007 | $204.6M | +65.3% |
| 2008 | $571.8M | +179.5% |
| 2009 | $290.4M | -49.2% |
| 2010 | $279.1M | -3.9% |
| 2011 | $424.6M | +52.1% |
| 2012 | $285.6M | -32.7% |
| 2013 | $305.3M | +6.9% |
| 2014 | $355.2M | +16.3% |
| 2015 | $274.8M | -22.6% |
| 2016 | $364.1M | +32.5% |
| 2017 | $485.8M | +33.4% |
| 2018 | $551.8M | +13.6% |
| 2019 | $370.4M | -32.9% |
| 2020 | $242.7M | -34.5% |
| 2021 | $438.5M | +80.7% |
| 2022 | $582.8M | +32.9% |
| 2023 | $443.9M | -23.8% |
| 2024 | $588.7M | +32.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Plurinational State of Bolivia to AUS | HS 870323 | New corridor | $6.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bol-aus-870323) |
| Plurinational State of Bolivia to SGP | HS 848690 | New corridor | $4.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bol-sgp-848690) |
| Plurinational State of Bolivia to India | HS 852990 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bol-ind-852990) |
| Plurinational State of Bolivia to Germany | HS 870880 | New corridor | $3.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bol-deu-870880) |
| Plurinational State of Bolivia to Germany | HS 760612 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bol-deu-760612) |
| Plurinational State of Bolivia to GBR | HS 850760 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bol-gbr-850760) |
| Plurinational State of Bolivia to Germany | HS 710813 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bol-deu-710813) |
| Plurinational State of Bolivia to Germany | HS 711021 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bol-deu-711021) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.