Bolivia, Plurinational State of
South & Central America and the Caribbean
Trade in Bolivia, Plurinational State of
| The Plurinational State of Bolivia was the world’s 89th largest exporter of goods and 125th largest exporter of commercial services in 2022. Export values were $13.65 billion and $941 million USD respectively. The Plurinational State of Bolivia’s top export category was Fuels and mining products, followed by Agricultural products, and Manufactures. In 2022, The Plurinational State of Bolivia’s main export destination markets for goods and services trade were to Brazil, Argentina and India, with trade representing 67.76 per cent of GDP. In terms of imports, The Plurinational State of Bolivia is the world’s 102nd largest importer of goods and 102nd largest importer of commercial services. Import values were $13.05 billion and $2.73 billion USD respectively in 2022. The Plurinational State of Bolivia’s top import category was Manufactures, followed by Fuels and mining products and Machinery and transport equipment. Leading import partners were China, Brazil and Argentina. The Plurinational State of Bolivia is part of 4 different Regional Trade Agreements, including Andean Community (CAN) and Global System of Trade Preferences among Developing Countries (GSTP). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Plurinational State of Bolivia |
Abbreviation |
BO |
Capital |
Sucre |
WTO Membership Date |
12 September 1995 |
Legal System |
civil law system with influences from Roman, Spanish, canon (religious), French, and indigenous law |
Language |
Spanish, Quechua, Aymarà |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Bolivian boliviano |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Government MSME Agency |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Last Reviewed: June, 2024
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