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Bolivia trade in 2024

In 2024, Bolivia exported $10.1 billion and imported $9.5 billion, a trade surplus of $556 million. It was the world's 103rd-largest exporter, with 0.04% of world exports. Its top export was natural gas and LPG (17% of the total) and its main trading partner was China (18.3% of its trade).

Summary

Exports
$10.1billion
Imports
$9.5billion
Trade balance
+$556million
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Natural gas and LPG (17%) and zinc ore (13.3%) together make up 30.3% of its exports.

  1. Natural gas and LPG$1.7 billion · 17%
    Main partner: Brazil
  2. Zinc ore$1.3 billion · 13.3%
    Main partner: Japan
  3. Gold$1.2 billion · 11.4%
    Main partner: Turkey
  4. Precious metal ore$1.1 billion · 11.2%
    Main partner: China
  5. Soybean meal and pellets$669 million · 6.6%
    Main partner: Peru
  6. Unwrought tin$639 million · 6.3%
    Main partner: Netherlands
  7. Soybean oil$417 million · 4.1%
    Main partner: Colombia
  8. Lead ore$342 million · 3.4%
    Main partner: South Korea
  9. Silver$200 million · 2%
    Main partner: Canada
  10. Coconuts, Brazil nuts and cashews$196 million · 1.9%
    Main partner: Netherlands

What it imports

Refined petroleum (21.2%) and cars (3.7%) together make up 25% of its imports.

  1. Refined petroleum$2 billion · 21.2%
    Main partner: Chile
  2. Cars$356 million · 3.7%
    Main partner: China
  3. Pesticides and herbicides$245 million · 2.6%
    Main partner: China
  4. Trucks$166 million · 1.7%
    Main partner: China
  5. Medicines in measured doses or retail packs$158 million · 1.7%
    Main partner: India
  6. Gold$143 million · 1.5%
    Main partner: Turkey
  7. New tires$141 million · 1.5%
    Main partner: China
  8. Other food preparations$139 million · 1.5%
    Main partner: Brazil
  9. Crude petroleum$106 million · 1.1%
    Main partner: Argentina
  10. Bulldozers and excavators$96 million · 1%
    Main partner: China
By Harmonized System chapter (96)
ChapterExportsImports
26 · Ores and slag$3 billion$299 thousand
27 · Oil, gas and coal$1.8 billion$2.2 billion
71 · Gems and precious metals$1.5 billion$156 million
23 · Animal feed and food waste$705 million$58 million
80 · Tin$644 million$50 thousand
15 · Fats and oils$537 million$20 million
08 · Fruit and nuts$238 million$19 million
02 · Meat and offal$232 million$6 million
12 · Oilseeds and grains$203 million$32 million
31 · Fertilizers$170 million$98 million
44 · Wood$140 million$34 million
25 · Salt, stone and cement$115 million$11 million
10 · Cereals$104 million$15 million
88 · Aircraft and spacecraft$71 million$17 million
28 · Inorganic chemicals$69 million$74 million
17 · Sugar and sweets$49 million$39 million
84 · Mechanical machinery$38 million$1.2 billion
22 · Beverages and spirits$36 million$74 million
72 · Iron and steel$34 million$321 million
74 · Copper$32 million$24 million
04 · Dairy, eggs and honey$28 million$15 million
76 · Aluminum$24 million$82 million
85 · Electrical and electronic equipment$18 million$542 million
20 · Preserved fruit and vegetables$18 million$30 million
65 · Hats$18 million$6 million
19 · Baked goods and cereal products$17 million$65 million
48 · Paper and paperboard$16 million$172 million
41 · Hides and leather$16 million$203 thousand
09 · Coffee, tea and spices$16 million$7 million
18 · Cocoa and chocolate$16 million$36 million
07 · Vegetables$16 million$3 million
05 · Other animal products$15 million$2 million
90 · Precision and medical instruments$10 million$142 million
36 · Explosives and matches$10 million$32 million
81 · Other base metals$10 million$370 thousand
16 · Prepared meat and fish$9 million$13 million
94 · Furniture and lighting$9 million$71 million
68 · Stone, plaster and cement articles$8 million$24 million
51 · Wool$8 million$12 million
33 · Perfumes and cosmetics$7 million$141 million
29 · Organic chemicals$6 million$105 million
39 · Plastics$5 million$537 million
87 · Vehicles$5 million$838 million
42 · Leather goods and bags$5 million$22 million
54 · Synthetic filaments$4 million$25 million
69 · Ceramics$4 million$51 million
64 · Footwear$4 million$86 million
73 · Iron and steel products$3 million$212 million
61 · Knitted clothing$3 million$23 million
34 · Soap and cleaning products$2 million$116 million
63 · Home textiles and used clothing$2 million$11 million
38 · Miscellaneous chemicals$2 million$312 million
30 · Pharmaceuticals$2 million$248 million
11 · Milling products and malt$2 million$75 million
75 · Nickel$2 million$307 thousand
52 · Cotton$1 million$17 million
62 · Woven clothing$1 million$19 million
78 · Lead$1 million$184 thousand
21 · Food preparations$1 million$195 million
86 · Railway equipment$959 thousand$6 million
32 · Dyes, paints and tanning agents$761 thousand$73 million
95 · Toys and sports gear$582 thousand$59 million
82 · Tools and cutlery$515 thousand$63 million
97 · Art and antiques$483 thousand$129 thousand
49 · Books and printed matter$461 thousand$50 million
83 · Miscellaneous metal goods$419 thousand$51 million
35 · Glues, starches and enzymes$371 thousand$40 million
40 · Rubber$324 thousand$185 million
56 · Felt, nonwovens and rope$306 thousand$13 million
58 · Special fabrics and lace$245 thousand$11 million
91 · Watches and clocks$238 thousand$6 million
70 · Glass$207 thousand$59 million
67 · Feathers and artificial flowers$179 thousand$3 million
47 · Wood pulp$131 thousand$36 million
59 · Coated and technical textiles$128 thousand$15 million
96 · Other manufactured goods$110 thousand$49 million
93 · Weapons and ammunition$105 thousand$5 million
92 · Musical instruments$83 thousand$4 million
14 · Other plant products$74 thousand$35 thousand
24 · Tobacco$72 thousand$9 million
01 · Live animals$29 thousand$18 million
37 · Photographic goods$22 thousand$6 million
06 · Live plants and flowers$21 thousand$984 thousand
46 · Wicker and basketware$15 thousand$90 thousand
79 · Zinc$9 thousand$2 million
60 · Knitted fabric$9 thousand$28 million
57 · Carpets and rugs$7 thousand$6 million
53 · Other plant fibers$5 thousand$592 thousand
13 · Gums and plant extracts$4 thousand$4 million
43 · Fur and fur goods$1 thousand$40 thousand
66 · Umbrellas and canes$252$2 million
55 · Synthetic staple fibers$246$60 million
03 · Fish and seafood$21$3 million
89 · Ships and boats$0$3 million
45 · Cork$0$490 thousand
50 · Silk$0$12 thousand

Trading partners

Its main destination is Brazil (14.9% of exports) and its main source is China (23% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
Brazil1.514.9%Land
China1.413.9%Sea
Peru0.747.4%Land
Argentina0.646.4%Land
Japan0.616%Sea
South Korea0.575.7%Sea
Turkey0.494.9%Air
United Arab Emirates0.484.8%Air
Colombia0.484.8%Sea
India0.383.8%Air

Who it buys from

PartnerValue (USD billions)ShareMode
China2.223%Sea
Brazil1.414.7%Land
Chile0.889.3%Land
United States0.818.5%Sea
Argentina0.798.3%Land
Peru0.616.4%Land
Belgium0.282.9%Sea
Japan0.192%Sea
Mexico0.192%Sea
India0.181.9%Sea

Overview 1995–2024

In 2024, Bolivia accounted for 0.04% of world exports, compared with 0.03% in 1995.

Exports and imports

Exports grew 7-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 10.1
  • Imports 9.5
  • Balance +0.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.4 billion$2 billion-$636 million
1996$1.4 billion$2.3 billion-$861 million
1997$1.5 billion$2.8 billion-$1.4 billion
1998$1.5 billion$3.1 billion-$1.6 billion
1999$1.5 billion$2.2 billion-$633 million
2000$1.6 billion$2.1 billion-$495 million
2001$1.5 billion$1.8 billion-$264 million
2002$1.5 billion$1.9 billion-$409 million
2003$1.8 billion$2 billion-$173 million
2004$2.5 billion$2.3 billion$132 million
2005$3 billion$3.1 billion-$91 million
2006$4.2 billion$3.7 billion$466 million
2007$4.9 billion$4.4 billion$456 million
2008$7.3 billion$6.2 billion$1 billion
2009$5.8 billion$5.5 billion$255 million
2010$7 billion$6.4 billion$597 million
2011$9.1 billion$9.1 billion-$10 million
2012$11 billion$9.3 billion$1.7 billion
2013$13 billion$9.9 billion$3.1 billion
2014$13.4 billion$10.8 billion$2.7 billion
2015$9.1 billion$9.9 billion-$814 million
2016$7.7 billion$8.7 billion-$1 billion
2017$8.5 billion$9.7 billion-$1.3 billion
2018$9.4 billion$10.3 billion-$989 million
2019$9.1 billion$9.8 billion-$665 million
2020$7.1 billion$7.2 billion-$16 million
2021$11.3 billion$9 billion$2.2 billion
2022$14.1 billion$12.4 billion$1.6 billion
2023$10.8 billion$11.2 billion-$426 million
2024$10.1 billion$9.5 billion$556 million

World rank

Bolivia rose from 105th to 103rd among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 105th in 1995
  • 103rd in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995105th
1996109th
1997107th
1998106th
1999106th
2000115th
2001115th
2002117th
2003115th
2004114th
2005114th
2006108th
2007107th
200898th
200999th
201098th
201197th
201290th
201388th
201487th
201596th
2016100th
201798th
201897th
201997th
2020105th
202194th
202293rd
2023102nd
2024103rd

What it sells

Its top export group is still ores and slag: 30% in 2024

% of exports by Harmonized System chapter.

  • Other 14%
  • Meat and offal 2%
  • Fruit and nuts 2%
  • Fats and oils 5%
  • Tin 6%
  • Animal feed and food waste 7%
  • Gems and precious metals 15%
  • Oil, gas and coal 18%
  • Ores and slag 30%

Source: CEPII BACI

Show the numbers
Chapter19952024
Ores and slag22.7%29.8%
Oil, gas and coal10.3%17.5%
Gems and precious metals19.8%15.3%
Animal feed and food waste4.5%7%
Tin9.1%6.4%
Fats and oils2.6%5.3%
Fruit and nuts2.1%2.4%
Meat and offal0.22%2.3%
Other28.8%14%

Who it trades with

China went from 0.5% to 18% of Bolivia's trade

% of total trade (exports + imports) with each partner.

  • China 18%
  • Brazil 15%
  • Argentina 7%
  • Peru 7%
  • United States 6%

Source: CEPII BACI

Show the numbers
Partner19952024
China0.47%18.3%
Brazil14.1%14.8%
Argentina10.3%7.3%
Peru6.6%6.9%
United States20.4%5.8%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Santa Cruz basinOil and gas · 3.4 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Santa Cruz$35.3 billion (PPP, 2021 dollars)
  • La Paz$20.5 billion (PPP, 2021 dollars)
  • Cochabamba$15.7 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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