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Bolivia Trade Summary

2023

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 2023

Overall Exports and Imports for Bolivia 2023

Exports and imports of Bolivia in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 10,919 million.
  • The total value of imports (CIF) was 11,489 million.
  • At the HS6 digit level, 1,241 products were exported to 113 countries and 3,869 products were imported from 191 countries.

Bolivia top 5 Export and Import partners 2023

Top five countries to which Bolivia exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Bolivia exports to Brazil worth US$ 1,576 million, with a partner share of 14.44 percent.
  2. Bolivia exports to India worth US$ 1,319 million, with a partner share of 12.08 percent.
  3. Bolivia exports to China worth US$ 1,173 million, with a partner share of 10.74 percent.
  4. Bolivia exports to Argentina worth US$ 997 million, with a partner share of 9.13 percent.
  5. Bolivia exports to Colombia worth US$ 958 million, with a partner share of 8.77 percent.

Top five countries from which Bolivia imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Bolivia imports from China worth US$ 2,395 million, with a partner share of 20.84 percent.
  2. Bolivia imports from Brazil worth US$ 1,914 million, with a partner share of 16.66 percent.
  3. Bolivia imports from Argentina worth US$ 1,085 million, with a partner share of 9.45 percent.
  4. Bolivia imports from Chile worth US$ 1,016 million, with a partner share of 8.84 percent.
  5. Bolivia imports from United States worth US$ 782 million, with a partner share of 6.80 percent.

Bolivia Top 5 Productsexports imports at HS 6 digit level 2023

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 2,485,820.16 (US$ Thousands).
  2. Bolivia exported Natural gas in gaseous state , worth 2,049,682.70 (US$ Thousands).
  3. Bolivia exported Zinc ores and concentrates , worth 1,326,273.33 (US$ Thousands).
  4. Bolivia exported Oil-cake and other solid residues, of soya-bean , worth 921,349.36 (US$ Thousands).
  5. Bolivia exported Silver ores and concentrates , worth 882,536.06 (US$ Thousands).

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 2,933,721.73 (US$ Thousands).
  2. Bolivia imported Automobiles with reciprocating piston engine di , worth 231,281.18 (US$ Thousands).
  3. Bolivia imported Automobiles with reciprocating piston engine di , worth 204,256.45 (US$ Thousands).
  4. Bolivia imported Gas powered trucks with a GVW not exceeding fiv , worth 199,858.18 (US$ Thousands).
  5. Bolivia imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 132,920.76 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Bolivia in 2023 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 9.72 percent.
  • The trade weighted average tariff was 5.17 .
  • The total duty free imports in thousands of US dollars were 3,917,188.73 and duty free tariff line items share was 27.73 percent.

Development Indicators 2023

Key Development Indicators of Bolivia in 2023 are below

  • Bolivia GDP in current US dollar was 45,135 million.
  • GNI per capita, Atlas method (current US$) was 3,620.00 .
  • Bolivia Trade balance: as % of GDP was -5.39.
  • Trade balance in current US$ was -2,434.00 million.
  • Trade as percentage of GDP was 56.46 .
  • Trade in services as percentage of GDP was 7.90 .

Trade Indicators 2023

Trade Indicators for Bolivia in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 2.20.
  • World Growth in percentage was -3.13 and Bolivia Country Growth was -12.17 .