What are the major imports of Bolivia?
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).
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).
Who are Bolivia’s biggest trading partners?
In 2017, Bolivia major trading partner countries for exports were Brazil, Argentina, United States, Korea, Rep. and Japan and for imports they were China, Brazil, Argentina, United States and Peru.
What products are made in Bolivia?
Economy of Bolivia
|Exports||$9.060 billion (2018 est.)|
|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)|
Is Bolivia poor or rich?
Bolivia is the poorest country in South America. Although classified as middle income, it is at the very low end of the scale. Since 2006, the Government of Bolivia has introduced economic and social reforms designed to meet the basic needs of the poorest people.
What is the main industry in Bolivia?
|Economic Trivia||Bolivia has had the highest growth rate in South America since the global recession.|
|Top Industries||Mining; Smelting; Petroleum; Food and Beverages|
What is the main export of Uruguay?
Uruguay has an export oriented economy. The country is one of the largest exporters of beef (21 percent of total exports). Other exports include: vegetables (16 percent of total exports), dairy products (9 percent), chemicals (6.3 percent) and rice (6 percent).
What does Bolivia depend on?
The country’s energy needs are relatively small but growing consistently. Bolivia uses oil for the majority of its power needs, followed by natural gas. The country has large reserves of both. Bolivia’s energy sector changed significantly when the government allowed privatization in the mid-1990s.