Bolivia main imports are: machinery and transport equipment (38 percent of total imports), chemicals and related products (15 percent), mineral fuels and lubricants (14 percent), iron and steel (7.4 percent) and food products and livestock (7 percent).
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Contents
What are the top 3 exports of Bolivia?
The most recent exports are led by Petroleum Gas ($2.37B), Gold ($1.85B), Zinc Ore ($843M), Soybean Meal ($533M), and Soybean Oil ($289M). The most common destination for the exports of Bolivia are Argentina ($1.24B), Brazil ($1.24B), United Arab Emirates ($950M), India ($798M), and United States ($444M).
What are the major exports in Bolivia?
In the last two decades Bolivia has become a major exporter of natural gas (43 percent of total exports). Other exports include: silver (12 percent of total exports), zinc (10 percent) and soybeans and related products (7 percent).
What does Bolivia import from the US?
The top import categories (2-digit HS) in 2019 were: precious metal and stone (silver, gold) ($160 million), tin ($115 million), cereals (quinoa) ($39 million), ores, slag, and ash (tungsten) ($31 million), and edible fruit & nuts (brazil nuts) ($24 million).
What is the main product of Bolivia?
Economy of Bolivia
| Statistics | |
|---|---|
| Export goods | natural gas, silver, zinc, lead, tin, gold, quinoa, soybeans and soy products |
| Main export partners | Brazil 17.9% Argentina 16% United States 7.8% Japan 7.3% India 6.6% South Korea 6.3% Colombia 5.8% China 5.1% United Arab Emirates 4.7% (2017) |
| Imports | $9.996 billion (2019 est.) |
What does Bolivia import and export with the US?
The United States is one of Bolivia’s top trade partners with $827.1 million in bilateral goods trade in 2020.U.S. exports to Bolivia include machinery, aircraft, vehicles, and optical and medical instruments. U.S. imports from Bolivia include tin, precious stones, ores, cereals, and fruits and nuts.
What type of economy is Bolivia?
Bolivia has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. In addition, Bolivia is a member of the Andean Community (ANCOM).
What is Bolivia famous for?
Among so much more, Bolivia is known for its astonishing sights such as the Uyuni Salt Flats and Lake Titicaca, its quaint historic towns like Sucre and Potosí, and its impressive ethnic and linguistic diversity.
Why is Bolivia so poor?
More than 80 percent of Bolivia’s rural population lives below the poverty line, a fact that is largely due to the low productivity of small-scale farming. With no mass production techniques and frequent water shortages, the quality of product and the money said products generate remain low.
Is Bolivia poor or rich?
Bolivia is one of the poorest and most unequal countries in Latin America. This article discusses several dimensions of Bolivia’s poverty, including income poverty and inequality, lack of access to safe water and sanitation, high infant mortality, malnutrition, and a lack of basic infrastructure.
What do we get from Bolivia?
Trade of Bolivia
Soybeans are the principal agricultural export. Manufactured products constitute the largest segment of total imports; machinery and equipment for industry and transport are among the main items.
What is Bolivia industry?
Historically, mineral processing (including oil refining) and the preparation of agricultural products have dominated Bolivian industry. In the early 21st century there were major investments in the processing of soybeans and the manufacture of textiles, wood products, and soft drinks.
What are 3 interesting facts about Bolivia?
21 Fascinating Facts About Bolivia
- Bolivia is home to 37 official languages.
- Sucre is the official capital of Bolivia.
- Salar de Uyuni is the world’s biggest mirror!
- Simón Bolívar is known as the Liberator.
- Bolivia is a landlocked country.
- Altitude sickness can be a concern in La Paz!
What is Brazil main export?
In 2019, Brazil most exported products were soybean and crude oil or bituminous mineral oils, reaching an export value of 26.1 billion U.S. dollars and 24.2 billion dollars, respectively. Iron ore and its concentrates was Brazil third most exported product, with 22.7 billion U.S. dollars worth of exports.
What does Brazil export to the US?
The top export categories (2-digit HS) in 2019 were: mineral fuels ($12 billion), aircraft ($7.0 billion), machinery ($4.9 billion), electrical machinery ($3.4 billion), and organic chemicals ($2.0 billion).
Is Bolivia poor country?
Bolivia is the poorest country in South America. Although classified as middle income, it is at the very low end of the scale.Still, Bolivia has one of the highest levels of extreme poverty in Latin America and the rate of poverty reduction has stagnated over the last few years.
Are drugs legal in Bolivia?
The current law prohibits drug use and punishes possession for personal use with internment and forced treatment. Domestically, a legal market for coca leaf has always existed and Bolivia is trying to change the international legal regime for the coca leaf.
What are 5 important facts about Bolivia?
Read on to learn 10 new facts about the compelling country that is Bolivia.
- Cochabamba has a bigger Jesus statue than Rio.
- La Paz is not the Capital City.
- Incredible diversity.
- It has the highest lake in the world.
- It once had an ocean.
- Early indigenous inhabits were seriously ancient.
What is Bolivia capital?
La Paz, city, administrative capital of Bolivia, west-central Bolivia. It is situated some 42 miles (68 km) southeast of Lake Titicaca. La Paz, Bol.
Is Bolivia a safe place?
Bolivia is somewhat safe to visit, though it has many dangers. You should be aware that tourist hotspots, restaurants, shops and public transportation are places where most thefts and pickpocketing occur, and that violent crime exists on the streets, too.
What’s the poorest country in South America?
Here are the 10 poorest countries in South America: Montserrat ($62.05 Mn) Anguilla ($337.52 Mn)
Poorest Countries In South America 2021.
| Country | Bolivia |
|---|---|
| GDP (IMF ’19) | $43.69 Bn |
| GDP (UN ’16) | $33.81 Bn |
| Per Capita | $33.81 Bn |
