Country intelligence · BOL · 2024

Bolivia trade profile

In 2024, Bolivia recorded $9.9B in merchandise exports and $7.7B in imports, producing a $2.2B trade surplus. Exports changed -8.4% from the previous year, while imports changed -16.1%.[1]

Exports

$9.9B

-8.4%

Imports

$7.7B

-16.1%

Trade balance

$2.2B

surplus

Active partners

270

9 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$9.9B$7.7B$2.2B-8.4%
2023$10.8B$9.2B$1.6B-21.5%
2022$13.7B$10.0B$3.7B+30.6%
2021$10.5B$8.0B$2.5B+50.8%
2020$7.0B$5.8B$1.2B-17.8%
2019$8.5B$8.0B$511.5M-1.3%
2018$8.6B$8.3B$328.9M+10.6%
2017$7.8B$7.7B$90.9M+10.9%
2016$7.0B$7.1B-$72.4M-18.9%
2015$8.6B$8.1B$512.1M-32.0%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 26 · HS chapter

28 active HS6 lines · 30 export partners

$2.8B
2

HS 27 · Mineral fuels and oils

33 active HS6 lines · 23 export partners

$1.8B
3

HS 71 · Precious metals and stones

42 active HS6 lines · 46 export partners

$1.7B
4

HS 23 · HS chapter

16 active HS6 lines · 25 export partners

$653.2M
5

HS 15 · HS chapter

36 active HS6 lines · 39 export partners

$542.9M
6

HS 80 · HS chapter

5 active HS6 lines · 36 export partners

$525.1M
7

HS 02 · HS chapter

18 active HS6 lines · 19 export partners

$367.4M
8

HS 08 · HS chapter

60 active HS6 lines · 82 export partners

$225.0M

Leading export markets

Destinations rank bilateral export flows from Bolivia; growth describes each corridor rather than the whole economy.

1

China

Annual change +18.1% · 3-year CAGR 35.0%

$1.5B
2

Brazil

Annual change -3.7% · 3-year CAGR 2.1%

$1.5B
3

Türkiye

Annual change +892.4% · 3-year CAGR 76.5%

$785.5M
4

Peru

Annual change -5.8% · 3-year CAGR -2.3%

$706.8M
5

Argentina

Annual change -44.1% · 3-year CAGR -17.2%

$592.6M
6

South Korea

Annual change +32.6% · 3-year CAGR 10.3%

$588.7M
7

Japan

Annual change +23.3% · 3-year CAGR -7.9%

$524.2M
8

Colombia

Annual change -31.5% · 3-year CAGR -8.0%

$449.2M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.