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  • Bolivia (Plurinational State of)

    Bolivia (Plurinational State of)

    Development Challenges 

    Bolivia is the poorest country in South America. Its main economic activities include agriculture, forestry, fishing, mining, and manufacturing textiles, clothing, refined metals, and refined petroleum. The difficult topography of Bolivia, in addition to several environmental problems like deforestation, soil degradation, water pollution and the loss of biodiversity, have constrained efforts to modernize the agricultural sector and to develop the economy. Successive wars against neighbouring countries have caused Bolivia to lose over half of its territory after obtaining its independence. The country faces development challenges, including:

    • Vulnerability to natural disasters
    • Political instability
    • High inequality and deplorable living conditions of the native people, who constitute most of the population
    • Unemployment and urbanization caused by coca eradication
    • Rampant inflation and public sector corruption
    • Deep-seated poverty, social unrest, and illegal drug production
    • Lack of foreign investment in the key sectors of mining and hydrocarbons
    • Slow growth due to social exclusion

    Key Trade Issues 

    • Need to diversify the economy. Economic dependent on neighboring Argentina and Brazil
    • Need of more free trade agreements and limited international relevance
    • Need to become more competitive
    • Need to reduce high food prices
    • Need of better infrastructure

     Government Priorities 

    • To enhance private investment and constitution of the Plurinational state of Bolivia
    • To implement a far-reaching programme of macroeconomic stabilization and structural reform aimed at maintaining price stability, creating conditions for sustained growth
    • To continue privatization and implementation of autonomy and industrialization policy
    • To deepen intervention of the economy
    • To increase domestic demand


    Trade and Tariff Graphs

    Graphs of the country’s export markets, its export performance in a key sector and tariffs exporters of a sample product face.
    Trademap sample Trademap sample: The map uses color codes to illustrate the relative size of different markets in the overall exports of the country shown in pink.
    Trademap sample Trademap sample: The vertical axis shows import values by key importing countries, while the horizontal axis shows export values by the country for the same sector. I.e. the country has gained market share in the case of an importing country at the bottom right of chart and lost market share for countries top left. The size of circles is proportional to market size.
    Market access map sample Market access map sample: The world map shows trade values and tariff levels for a key export product by importing countries. Color codes indicate protection levels. Red circles denote trade volumes.

    Trade and Investment Data

    Detailed data on the country’s export performance, key imports and foreign investment, grouped by product and service categories (HS and BOP).

    Trade Information Sources

    A listing of country specific print and online publications on trade related topics. Includes information from both ITC and external sources.

    Trade Contacts

    The most important trade contacts, including importers’ and exporters’ associations, trade support institutions, trade promotion organizations and institutions providing business development assistance.