Bolivia - Foreign trade





Bolivia Foreign Trade 1612
Photo by: rrruss

Bolivia depends primarily on its mineral exports, especially zinc and natural gas. Tin exports, which had been an integral part of the Bolivian export schedule, have been gradually decreasing since 1946. The 1985 devaluation of tin caused major problems in the Bolivian economy, and now tin plays a minor role in Bolivia's exports. Exports of natural and manufactured gas and petroleum are expected to surpass those of other minerals in the future.

As a member of the Andean Community, Bolivia has generally enjoyed free trade with Peru, Ecuador, Colombia, and Venezuela. As of March 1997, the Bolivian government was negotiating with MERCOSUR to enter into that trade agreement and expand its trade opportunities eastward. However, the United States remains Bolivia's chief trading partner.

Bolivia's main attraction, and export commodity, is its natural minerals, including zinc, and gold (12% and 5% of total exports, respectively). The country also exports natural and manufactured gas (9%) to neighboring Brazil through a newly constructed pipeline. Agricultural exports include wood, oil seeds, and animal feed (1.9%, 6.0%, and 10.1%).

In 2000 Bolivia's imports were distributed among the following categories:

Bolivia

Consumer goods 14.0%
Food 13.1%
Fuels 4.4%
Industrial supplies 30.3%
Machinery 22.4%
Transportation 15.5%
Other 0.3%

Principal trading partners in 2000 (in millions of US dollars) were as follows:

Bolivia

COUNTRY EXPORTS IMPORTS BALANCE
United States 350 406 -56
Colombia 193 44 149
United Kingdom 168 10 158
Brazil 166 267 -101
Switzerland 164 12 152
Peru 61 93 -32
Argentina 54 264 -210
Venezuela 52 13 39
Chile 31 153 -122
Germany 13 38 -25

User Contributions:

Happy
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May 15, 2008 @ 4:16 pm
This is very interesting.Thank you for filling me in on this topic for my school research project. You helped out a lot!
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Feb 9, 2010 @ 3:15 pm
Thanks! It was interesting, and it helped me a LOT with my school research project too! Thanks a ton, again!
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Aug 25, 2010 @ 5:17 pm
Thanks a bunch, this was PERFECT for my report!
Adios!
kayla
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Sep 27, 2010 @ 3:15 pm
what are their major imports? And also what is the dollar value of their exports and imports?
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Dec 2, 2010 @ 10:10 am
thank you. It helped me so much. I'm doing a project for school
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Jan 6, 2011 @ 10:10 am
Thank you this is the best infomation i have gottin
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Feb 17, 2011 @ 3:15 pm
thank you for doing this .it helped me with my reseach
Marlene Hislop
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Apr 7, 2011 @ 4:16 pm
Does anyone know which percentage of Bolivia's minerals are consumed domestically?
andrew
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May 2, 2012 @ 3:15 pm
I need the imports are they even in here? anyway this is good for my project anyway
Whushy
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Jan 29, 2013 @ 5:17 pm
This Website really Helped me with my project at school! Thank you so much! The info was very accurate and the correct info i was looking for my project! Thanks a bunch! -Whushy💋
jacob
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Feb 17, 2013 @ 7:19 pm
awesome! thanks so much, helped me a ton for my school project!
jacob
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Feb 19, 2013 @ 11:11 am
awesome! thanks so much, helped me a ton for my school project!
Gabriel
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Mar 24, 2013 @ 10:10 am
Imports of Bolivia for those whom were asking and for others who will want to know. Petroleum oils, refined (19%), Cars (7%), Motor vehicles for transporting goods (4%), Wheat or meslin flour (3%), Automatic data processing machines (3%). For where this infortmation came from google what bolivia exports and its the link with "the observatory of economic complexety: Bolivia" in the title(due to this site i cannot post the actual link sorry) it also shows you the exports and with whom they trade the most with.
Isabella
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Feb 17, 2014 @ 3:15 pm
Cool I used it for a school project. I hope everyone else gets good info to.

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