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Bolivia Trade Summary

2020

Bolivia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BOLIVIA 2020

Overall Exports and Imports for Bolivia 2020

Exports and imports of Bolivia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 7,033 million.
  • The total value of imports (CIF) was 7,115 million.
  • At the HS6 digit level, 1,285 products were exported to 113 countries and 3,849 products were imported from 182 countries.

Bolivia top 5 Export and Import partners 2020

Top five countries to which Bolivia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Bolivia exports to Brazil worth US$ 1,117 million, with a partner share of 15.88 percent.
  2. Bolivia exports to Argentina worth US$ 1,028 million, with a partner share of 14.62 percent.
  3. Bolivia exports to India worth US$ 718 million, with a partner share of 10.20 percent.
  4. Bolivia exports to Japan worth US$ 529 million, with a partner share of 7.53 percent.
  5. Bolivia exports to Peru worth US$ 463 million, with a partner share of 6.59 percent.

Top five countries from which Bolivia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Bolivia imports from China worth US$ 1,584 million, with a partner share of 22.26 percent.
  2. Bolivia imports from Brazil worth US$ 1,199 million, with a partner share of 16.85 percent.
  3. Bolivia imports from Argentina worth US$ 719 million, with a partner share of 10.11 percent.
  4. Bolivia imports from United States worth US$ 572 million, with a partner share of 8.03 percent.
  5. Bolivia imports from Peru worth US$ 560 million, with a partner share of 7.87 percent.

Bolivia Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Bolivia along with trade value are:

  1. Bolivia exported Natural gas in gaseous state , worth US$ 1,989,292.58 million.
  2. Bolivia exported Gold in unwrought forms non-monetary , worth US$ 1,229,638.38 million.
  3. Bolivia exported Zinc ores and concentrates , worth US$ 820,435.72 million.
  4. Bolivia exported Oil-cake and other solid residues, of soya-bean , worth US$ 490,585.05 million.
  5. Bolivia exported Silver ores and concentrates , worth US$ 481,837.86 million.

The top five imported HS 6 digit level products from world by Bolivia along with trade value are

  1. Bolivia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 912,339.74 million.
  2. Bolivia imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth US$ 140,491.82 million.
  3. Bolivia imported Automobiles with reciprocating piston engine di , worth US$ 133,729.32 million.
  4. Bolivia imported Wheat or meslin flour , worth US$ 127,347.71 million.
  5. Bolivia imported Other medicaments of mixed or unmixed products, , worth US$ 114,380.63 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Bolivia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 9.95 percent.
  • The trade weighted average tariff was 5.18 .
  • The total duty free imports in thousands of US dollars were 3,006,440.62 and duty free tariff line items share was 27.35 percent.

Development Indicators 2020

Key Development Indicators of Bolivia in 2020 are below

  • Bolivia GDP in current US dollar was 36,630 million.
  • GNI per capita, Atlas method (current US$) was 3,120.00 .
  • Bolivia Trade balance: as % of GDP was -4.96.
  • Trade balance in current US$ was -1,816.00 million.
  • Trade as percentage of GDP was 45.50 .
  • Trade in services as percentage of GDP was 5.93 .

Trade Indicators 2020

Trade Indicators for Bolivia in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 2.16.
  • World Growth in percentage was -3.75 and Bolivia Country Growth was -7.86 .