Imports in Bolivia decreased to Imports in Bolivia averaged This page provides the latest reported value for - Bolivia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bolivia Imports - values, historical data and charts - was last updated on April of Imports in Bolivia is expected to be Looking forward, we estimate Imports in Bolivia to stand at In the long-term, the Bolivia Imports is projected to trend around Trading Economics members can view, download and compare data from nearly countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
Features Questions? Contact us Already a Member? It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Click here to contact us. Please Paste this Code in your Website. Bolivia Imports. Bolivia main imports are: machinery and transport equipment 38 percent of total importschemicals and related products 15 percentmineral fuels and lubricants 14 percentiron and steel 7.
Main import partners are: Brazil 18 percent of total importsArgentina 13 percentChina 11 percent and United States 11 percent. Others include: Japan, Venezuela, Peru and Colombia. Compare Imports by Country. United Nations Comtrade Database. Bolivia Coronavirus Cases at Bureau of Western Hemisphere Affairs. The United States established diplomatic relations with Bolivia in following its independence from Spain.
Bolivia is generally open to foreign direct investment. As of Junethe Bolivian g overnment terminated the U. Principal U. Bolivia maintains an embassy in the United States at Massachusetts Ave. More information about Bolivia is available from the Department of State and other sources, some of which are listed here:.
Relations With Bolivia Office of the U. Trade Representative Countries Page U. Skip to content State Department Home. Anti-Corruption and Transparency. Arms Control and Nonproliferation. Climate and Environment. Combating Drugs and Crime. Countering Terrorism."This Is a Military Coup”: Bolivian President Evo Morales Resigns After Army Calls For His Ouster
Cyber Issues. Economic Prosperity and Trade Policy. Global Health. Global Women's Issues. Human Rights and Democracy. Human Trafficking. The Ocean and Polar Affairs. Refugee and Humanitarian Assistance.The constitutional capital is Sucrewhile the seat of government and executive capital is La Paz. The largest city and principal industrial center is Santa Cruz de la Sierralocated on the Llanos Orientales tropical lowlandsa mostly flat region in the east of the country.
The sovereign state of Bolivia is a constitutionally unitary statedivided into nine departments. Its geography varies from the peaks of the Andes in the West, to the Eastern Lowlands, situated within the Amazon Basin. It is bordered to the north and east by Brazilto the southeast by Paraguayto the south by Argentinato the southwest by Chileand to the northwest by Peru. One-third of the country is within the Andean mountain range. Spanish is the official and predominant language, although 36 indigenous languages also have official status, of which the most commonly spoken are GuaraniAymara and Quechua languages.
Before Spanish colonization, the Andean region of Bolivia was part of the Inca Empirewhile the northern and eastern lowlands were inhabited by independent tribes.
Spain built its empire in large part upon the silver that was extracted from Bolivia's mines. Over the course of the 19th and early 20th century Bolivia lost control of several peripheral territories to neighboring countries including the seizure of its coastline by Chile in Banzer's regime cracked down on leftist and socialist opposition and other forms of dissent, resulting in the torture and deaths of a number of Bolivian citizens.
Banzer was ousted in and later returned as the democratically elected president of Bolivia from to Bolivia remains the second poorest country in South America. Bolivia is very rich in mineralsincluding tinsilverand lithium. The name was approved by the Republic on 3 October The region now known as Bolivia had been occupied for over 2, years when the Aymara arrived.
U.S. Relations With Bolivia
However, present-day Aymara associate themselves with the ancient civilization of the Tiwanaku culture which had its capital at Tiwanakuin Western Bolivia. The capital city of Tiwanaku dates from as early as BC when it was a small, agriculturally based village. The community grew to urban proportions between AD and ADbecoming an important regional power in the southern Andes. According to early estimates, [ when? Around ADTiwanaku went from being a locally dominant force to a predatory state.
Tiwanaku expanded its reaches into the Yungas and brought its culture and way of life to many other cultures in Peru, Bolivia, and Chile. Tiwanaku was not a violent culture in many respects. In order to expand its reach, Tiwanaku exercised great political astuteness, creating colonies, fostering trade agreements which made the other cultures rather dependentand instituting state cults. The empire continued to grow with no end in sight. William H.
Isbell states "Tiahuanaco underwent a dramatic transformation between AD and that established new monumental standards for civic architecture and greatly increased the resident population. Archaeologists note a dramatic adoption of Tiwanaku ceramics into the cultures which became part of the Tiwanaku empire.
Tiwanaku's power was further solidified through the trade it implemented among the cities within its empire. Tiwanaku's elites gained their status through the surplus food they controlled, collected from outlying regions and then redistributed to the general populace. Further, this elite's control of llama herds became a powerful control mechanism as llamas were essential for carrying goods between the civic centre and the periphery.
These herds also came to symbolize class distinctions between the commoners and the elites. Through this control and manipulation of surplus resources, the elite's power continued to grow until about AD Southern Command.
Senior State Department Official on U. Engagement with Bolivia. The United States established diplomatic relations with Bolivia in following its independence from Spain. Despite these challenges, the United States maintains a strong and respectful relationship with the Bolivian people, with whom the United States partners to advance entrepreneurship, cultural, and educational initiatives. Bolivia is the third largest producer of cocaine in the world and its government permits the licit cultivation of significant quantities of coca.
The United States is one of Bolivia's top trade partners. Bolivia is generally open to foreign direct investment, but legal uncertainties include regulatory changes called for in the Bolivian constitution. The government nationalized numerous companies that were privatized in the s.
As of Junethe Bolivian Government terminated the U. While economic growth has been positive throughout the last decade, Bolivia remains one of the poorest countries in the Western Hemisphere. Skip to content State Department Home. Anti-Corruption and Transparency. Arms Control and Nonproliferation. Climate and Environment. Combating Drugs and Crime. Countering Terrorism.
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Professional Ethos. Joint Strategic Plan.Census Bureau data. The U. During the same period the previous year, the top five were No. In the current time period, the top five accounted for Bolivia ranked No.
U.S. Relations With Bolivia
In the same period one year ago, it ranked No. Meanwhile, total U. The top five U. They accounted for The value of the top five categories of U. Total U. Generic selectors. Exact matches only. Search in title. Search in content. Search in excerpt. Search in posts. Search in pages. Data loading Among those top five: Trade with No. Exports rose Imports rose 3. Trade with No. Imports fell Exports fell Looking more closely at U.
Compressors and pumps rose Cell phones, related equipment fell Prepared foods, beverages rose Computers fell Silver, various forms fell 9. Gold rose Coconuts, brazil nuts, cashew nuts fell 5.Bolivia, named after independence fighter Simon BOLIVAR, broke away from Spanish rule in ; much of its subsequent history has consisted of a series of coups and countercoups, with the last coup occurring in Democratic civilian rule was established inbut leaders have faced difficult problems of deep-seated poverty, social unrest, and illegal drug production.
In DecemberBolivians elected Movement Toward Socialism leader Evo MORALES president - by the widest margin of any leader since the restoration of civilian rule in - after he ran on a promise to change the country's traditional political class and empower the nation's poor, indigenous majority. His party maintained control of the legislative branch of the government, which has allowed him to continue his process of change.
In FebruaryMORALES narrowly lost a referendum to approve a constitutional amendment that would have allowed him to compete in the presidential election. However, a Supreme Court ruling stating that term limits violate human rights provided the justification for MORALES to be chosen by his party to run again in MORALES attempted to claim victory in the 20 October election, but widespread allegations of electoral fraud, rising violence, and pressure from the military ultimately forced him to flee the country.
An interim government is preparing new elections for Bolivia ranks at or near the bottom among Latin American countries in several areas of health and development, including poverty, education, fertility, malnutrition, mortality, and life expectancy.
On the positive side, more children are being vaccinated and more pregnant women are getting prenatal care and having skilled health practitioners attend their births. Public education is of poor quality, and educational opportunities are among the most unevenly distributed in Latin America, with girls and indigenous and rural children less likely to be literate or to complete primary school.
Emigrants primarily seek jobs and better wages in Argentina the principal destinationthe US, and Spain. In recent years, more restrictive immigration policies in Europe and the US have increased the flow of Bolivian emigrants to neighboring countries. Fewer Bolivians migrated to Brazil in and because of its recession; increasing numbers have been going to Chile, mainly to work as miners.
Bolivia is a resource rich country with strong growth attributed to captive markets for natural gas exports — to Brazil and Argentina. However, the country remains one of the least developed countries in Latin America because of state-oriented policies that deter investment. Following an economic crisis during the early s, reforms in the s spurred private investment, stimulated economic growth, and cut poverty rates.
The period was characterized by political instability, racial tensions, and violent protests against plans - subsequently abandoned - to export Bolivia's newly discovered natural gas reserves to large Northern Hemisphere markets.
Inthe government passed hydrocarbon laws that imposed significantly higher royalties and required foreign firms then operating under risk-sharing contracts to surrender all production to the state energy company in exchange for a predetermined service fee; the laws engendered much public debate.
High commodity prices between and sustained rapid growth and large trade surpluses with GDP growing 6. The global decline in oil prices that began in late exerted downward pressure on the price Bolivia receives for exported gas and resulted in lower GDP growth rates - 4. A lack of foreign investment in the key sectors of mining and hydrocarbons, along with conflict among social groups, pose challenges for the Bolivian economy. MORALES passed an investment law and promised not to nationalize additional industries in an effort to improve the investment climate.
Chile and Peru rebuff Bolivia's reactivated claim to restore the Atacama corridor, ceded to Chile inbut Chile offers instead unrestricted but not sovereign maritime access through Chile for Bolivian products; contraband smuggling, human trafficking, and illegal narcotic trafficking are problems in the porous areas of its border regions with all of its neighbors Argentina, Brazil, Chile, Paraguay, and Peru.
We read every letter or e-mail we receive, and we will convey your comments to CIA officials outside OPA as appropriate. However, with limited staff and resources, we simply cannot respond to all who write to us.Bolivia Facts: The Economy in Bolivia.
Economy in Bolivia: This country is rich in natural resources. But its economic development has been limited for several reasons:. Traditional elites, when they have ruled, have sold natural resources for personal wealth without developing the economy as a whole.
Revolutionaries, when they have ruled, have tried to "divide the economic pie," but have lacked an understanding of genuine wealth creation, thus, like in other socialist countries there has been economic decline.
Persisting obstacles for economic competition include an inadequate transportation infrastructure and the nation's landlocked location. Economic growth was about 4 percent and inflation was at 4. Major Trading Partners Brazil, U. Industries Mining, smelting, petroleum, food and beverages, tobacco, handicrafts, clothing, forestry, tourism in Bolivia Natural Resources Tin, natural gas, petroleum, zinc, tungsten, antimony, silver, iron, lead, gold, timber, hydropower The revolution of brought agrarian reform based on the break-up of large agricultural estates and the nationalization of mines.
These reforms, which increased wages, also resulted in a decrease in agricultural production, and a drastic drop in mineral output. The Bolivian government, facing demands from powerful leftist labor unions, failed to lay off surplus miners. It also failed to promote greater efficiency in many other sectors of the economy.
Thus, despite the political and social reforms embodied in the revolution, the rate of national economic growth remained extremely low. The economy of Bolivia, largely dependent on the earnings from tin exportation, fluctuated wildly with world tin prices. In the early s, the nation's businesses stagnated as a result of falling tin prices, bad harvests, debt repayments, and inflation that became hyperinflation.
However, these market-oriented reforms did not fundamentally change the government's centralized nature, fully open the Bolivian economy, or create the technical expertise and entrepreneurial spirit important for economic growth. Nearly all parties attempted to gain wealth by gaining control of the natural resources and selling them rather than using them as a national endowment. Bolivia has the second-largest reserves of natural gas in South America, but the referendum which re-nationalized Bolivia's hydrocarbon industries, created chaos in the industry.
In Marchindigenous groups led by radical activists blocked roads leading into the highland capital of La Paz, threatening gas and food supplies. In Maylawmakers passed a new hydrocarbons measure that levied a 32 percent tax on top of an existing 18 percent royalty on oil and gas production.