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Bolivia import Statistics

Bolivia Import Data

The Pluractional State of Bolivia is another name for Bolivia. It is situated in South America's western region. Due to its geographical location, Bolivia has borders with several nations, including Brazil, Paraguay, Argentina, and Peru. Bolivia's economy is ranked 100th out of the world's most complicated. According to Bolivia trade data, Bolivia ranked 108th out of 226 nations in total imports in 2023. In today's globalized economy, import and export data plays a crucial role in understanding a country's economic trends and business opportunities. Let us delve into the intricacies of Bolivia trade data, specifically focusing on the import data for the year 2023. Whether you are a business owner looking to expand your market or an individual interested in understanding Bolivia's import dynamics, this trade data will provide you with the information you need. 

According to Bolivia import data, Bolivia imported goods worth $11.1 billion in 2023. Bolivia's imports of goods fell by 12% from the previous year to 2023. Mineral fuels and oils are Bolivia’s biggest imports, while China is its biggest import partner as per Bolivia customs data. Bolivia’s total GDP is $45.85 billion, with a GDP import share of 31.19%. Bolivia is a part of trading blocs such as Mercosur, ALBA, and GSP. Let us explore more about Bolivia import shipment data and shipment data along with major import trends. 

Bolivia Import Data | Bolivia Customs Data

108

The country has been ranked 108th in global imports, showing a significant position in the international trade landscape and import market.

0.04%

With a mere 0.04% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports and import share.

MINERAL FUELS AND OILS

Mineral fuels and oils are the biggest import commodities of the country, playing a vital role in its economy.

Please select a country or provide either a description or HS Code.
import

Top 10 Imports of Bolivia | Bolivia Import Data by HS Code

In 2023, Bolivia witnessed a range of significant imports that played a vital role in its economy. The top 10 imports of Bolivia in 2023 encompassed a diverse array of goods including mineral oils, vehicles, pharmaceuticals, and more. The top 10 imports of Bolivia in 2023 according to the Bolivia customs data and Bolivia import shipment data are:

  • Mineral fuels and oils (HS code 27): 26.32% ($3.02 billion) 
  • Nuclear reactors and machinery (HS code 84): 11.9% ($1.36 billion) 
  • Vehicles (HS code 87): 10.53% ($1.21 billion) 
  • Electrical machinery and equipment (HS code 85): 5.23% ($601.09 million) 
  • Plastics and articles thereof (HS code 39): 4.78% ($549.21 million) 
  • Iron and steel (HS code 72): 3.75% ($430.54 million) 
  • Miscellaneous chemical products (HS code 38): 3.53% ($405.44 million) 
  • Pharmaceutical products (HS code 30): 2.15% ($247.04 million) 
  • Articles of iron and steel (HS code 73): 2.04% ($234.38 million) 
  • Rubber and articles thereof (HS code 40): 1.96% ($225.31 million)
    • Partners

    Top 10 Import Partners of Bolivia | Bolivia Import Data by Country

    As for Bolivia's import partners, the country formed strong economic ties with several nations. China emerged as Bolivia's main import partner, with a mutually beneficial exchange of goods between the two countries. Brazil also played a pivotal role, ranking second among Bolivia's top import partners. Bolivia’s top 10 Import Partners in 2023 based on the Bolivia customs data and Bolivia import statistics include:

    Value In Percentage(%)

  • China: 21% (2.41 billion US$)
  • Brazil: 16.6% (1.91 billion US$)
  • Argentina: 9.4% (1.07 billion US$)
  • Chile: 8.8% (1.01 billion US$)
  • USA: 6.8% (783.11 million US$)
  • Peru: 6.4% (736.70 million US$)
  • Paraguay: 2.8% (321.95 million US$)
  • Japan: 2.4% (273.60 million US$)
  • Mexico: 2.2% (255.75 million US$)
  • Switzerland: 2% (225.77 million US$)
    • Sample Data

    The Significance of Bolivia Customs Data for Imports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Bolivia, a landlocked country in South America, heavily relies on imports to meet its domestic demand. Analyzing Bolivia's import data is instrumental in understanding the country's trade dynamics and identifying potential business opportunities. Bolivia's trade data and customs data showcase potential opportunities for foreign investors. Identifying sectors with high import demand opens avenues for partnerships, joint ventures, or investment in those industries. According to Bolivia customs data on imports, Bolivia imported goods worth $11.1 billion in 2023. The information we give you on Bolivia's import data and shipment data is extremely helpful and educational. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. We obtain trustworthy data from Bolivian customs ports, organizations, and other shipping firms. Bolivian import data includes many fields, such as HS codes, product descriptions, prices and quantities, port names, and currency values in particular. So, as you can see for Bolivia import-export data, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data or customs data looks like as a whole, with complete details.

    Benefits

    Benefits of Bolivia Import Data

  • Expand your firm into the Bolivian Market.
  • View Bolivia's most recent product demand and price projections.
  • Access the latest import trends in Bolivia.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Bolivia.
  • Create more ROI and long-term business goals.

    • Frequently Asked Questions!!

    According to Bolivia's Import Data, the total goods that Bolivia has imported in 2023 is $11.1 billion.

    Bolivia's Import Data and Bolivia customs data is important because it provides valuable insights into the country's economy, trade patterns, and market trends. It can also help businesses make informed decisions about entering the Bolivian market or sourcing products from Bolivia.

    Bolivia's Import Data for 2024 can be found on the TradeImeX website.

    Bolivia's Import Data typically includes details on the type of goods imported, HS codes, importer-exporter names, their origin and destination countries, quantity, value, and port names.

    According to the Bolivia shipment data and import data for 2023, the top 3 imports of Bolivia are mineral fuels and oils, nuclear reactors and machinery, and vehicles. 

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