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Sunday, 08 November 2009   |   Last Updated: 23 July 2009

 

Bolivia

bolivia flag

U.S.-Bolivia Trade Facts

Bolivia is currently our 98th largest goods trading partner with $900 million in total (two way) goods trade during 2008. Goods exports totaled $389 million; Goods imports totaled $511 million. The U.S. goods trade deficit with Bolivia was $122 million in 2007.

Exports

Bolivia was the United States' 105th largest goods export market in 2008.

U.S. goods exports to Bolivia in 2008 were $389 million, up 40.2% ($112 million) from 2007 and up 111% from 1994 (the year prior to Uruguay Round).

The top export categories (2-digit HS) in 2008 were: Machinery ($125 million), Vehicles ($47 million), Electrical Machinery ($41 million), Optic and Medical Instruments ($28 million), and Precious Stones (jewelry) ($26 million).

U.S. exports of agricultural products to Bolivia totaled $24 million in 2008. Leading categories include: wheat ($4 million), fruit and vegetable juices ($3 million), and snack foods (excluding nuts) ($3 million).

Imports

Bolivia was the United States' 91st largest supplier of goods imports in 2008.

U.S. goods imports from Bolivia totaled $511 million in 2008, up 40.9% ($148 million) from 2007 and up 96% over the last 14 years.

The five largest import categories in 2008 were: Mineral Fuel (crude) ($161 million), Precious Stones and Metals (jewelry) ($99 million), Tin ($94 million), Wood ($31 million), and Ores, Slag and Ash (tungsten) ($26 million).

U.S. imports of agricultural products from Bolivia totaled $56 million in 2008. Leading categories include: tree nuts ($24 million), other vegetable oils ($11 million), and coffee unroasted) ($5 million).

Trade Balance

The U.S. goods trade deficit with Bolivia was $122 million in 2008, a 43.3% increase ($37 million) over 2007.

Investment

U.S. foreign direct investment (FDI) in Bolivia (stock) was $262 million in 2007, down 7 percent from 2006.

Bolivia FDI in the United States (stock) was $2 million in 2007, the same as in 2006.