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Bolivia Trade Summary

2021

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 2021

Overall Exports and Imports for Bolivia 2021

Exports and imports of Bolivia in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 11,080 million.
  • The total value of imports (CIF) was 9,618 million.
  • At the HS6 digit level, 1,424 products were exported to 113 countries and 3,874 products were imported from 190 countries.

Bolivia top 5 Export and Import partners 2021

Top five countries to which Bolivia exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Bolivia exports to India worth US$ 1,850 million, with a partner share of 16.70 percent.
  2. Bolivia exports to Brazil worth US$ 1,449 million, with a partner share of 13.08 percent.
  3. Bolivia exports to Argentina worth US$ 1,043 million, with a partner share of 9.42 percent.
  4. Bolivia exports to Japan worth US$ 917 million, with a partner share of 8.27 percent.
  5. Bolivia exports to Colombia worth US$ 714 million, with a partner share of 6.44 percent.

Top five countries from which Bolivia imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Bolivia imports from China worth US$ 1,976 million, with a partner share of 20.54 percent.
  2. Bolivia imports from Brazil worth US$ 1,707 million, with a partner share of 17.75 percent.
  3. Bolivia imports from Argentina worth US$ 1,274 million, with a partner share of 13.25 percent.
  4. Bolivia imports from Peru worth US$ 809 million, with a partner share of 8.41 percent.
  5. Bolivia imports from Chile worth US$ 630 million, with a partner share of 6.55 percent.

Bolivia Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Bolivia exported Gold in unwrought forms non-monetary , worth US$ 2,553,836.77 million.
  2. Bolivia exported Natural gas in gaseous state , worth US$ 2,249,077.09 million.
  3. Bolivia exported Zinc ores and concentrates , worth US$ 1,381,611.04 million.
  4. Bolivia exported Silver ores and concentrates , worth US$ 869,883.78 million.
  5. Bolivia exported Oil-cake and other solid residues, of soya-bean , worth US$ 709,954.14 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$ 2,239,764.89 million.
  2. Bolivia imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth US$ 268,770.59 million.
  3. Bolivia imported Automobiles with reciprocating piston engine di , worth US$ 175,824.62 million.
  4. Bolivia imported Automobiles with reciprocating piston engine di , worth US$ 134,425.81 million.
  5. Bolivia imported Gas powered trucks with a GVW not exceeding fiv , worth US$ 133,020.89 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Bolivia in 2021 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 9.83 percent.
  • The trade weighted average tariff was 5.12 .
  • The total duty free imports in thousands of US dollars were 3,471,880.51 and duty free tariff line items share was 27.66 percent.

Development Indicators 2021

Key Development Indicators of Bolivia in 2021 are below

  • Bolivia GDP in current US dollar was 40,408 million.
  • GNI per capita, Atlas method (current US$) was 3,290.00 .
  • Bolivia Trade balance: as % of GDP was -3.37.
  • Trade balance in current US$ was -1,362.00 million.
  • Trade as percentage of GDP was 59.02 .
  • Trade in services as percentage of GDP was 6.05 .

Trade Indicators 2021

Trade Indicators for Bolivia in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 2.26.
  • World Growth in percentage was 12.59 and Bolivia Country Growth was 20.29 .