International Trade in Bolivia

International Trade in Bolivia

In 2010, Bolivia succeeded in showing robust economic growth estimated at 4%.With the country being very rich in natural resources, Bolivia's economy is driven by the export of raw materials, particularly minerals products and hydrocarbons. Bolivia has the second largest natural gas... Read more

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Market Analyses About Bolivia (4)

Import and Export Services in Bolivia (89)

  • FocusEconomics S.L.

    FocusEconomics S.L.

    Economic Intelligence, Bolivia

    FocusEconomics is a leading provider of economic intelligence for Asia, Europe and the Americas. FocusEconomics has established a solid...
  • Binaria

    Binaria

    Management Consulting, Bolivia

    InfoSuite is a unique Business Intelligence, forecasting and budgeting solution. InfoSuite for Microsoft Dynamics is an...

Business Tips About Bolivia (14)

Agents and Distributors in Bolivia (7)

  • Peacock Trading

    Peacock Trading

    Commodity Sales and Distribution, Bolivia

    We are specialized in international marketing of food products company , raw materials for the manufacture of human foods, additives and...
  • Ministry of Comerce - Strategic Inteligence Unit

    Process Outsourcing , Bolivia

    Advising Report Trade Monitoring and Evaluation

Overview About International Trade in Bolivia

Economic Overview

In 2010, Bolivia succeeded in showing robust economic growth estimated at 4%.

With the country being very rich in natural resources, Bolivia's economy is driven by the export of raw materials, particularly minerals products and hydrocarbons. Bolivia has the second largest natural gas reserves in South America nad would like to become a world exporter of lithium. In 2005, government implemented a law on hydrocarbons, introducing strong royalties and obliging foreign companies to work with a national company.

In relation to the slowing down of the global economy, Bolivia is suffering from the drop in commodity prices, a high rate of inflation, a high foreign debt and a lack of investments. The government has tried to maintain the social balance by implementing a policy of redistribution of the income from exports.

Bolivia remains one of the poorest countries in Latin America, where 60% of the population lives below the threshold of poverty, where the wealth is unevenly distributed and where unemployment is significant. The country must also modernize its infrastructures.

 

FDI in Figures

The foreign investment stock share of the GDP dropped despite an increase in FDI flow

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