Bolivia recorded a trade surplus of 40.47 USD Million in March of 2020.

Balance of Trade in Bolivia averaged 11.90 USD Million from 1994 until 2020, reaching an all time high of 515.02 USD Million in September of 2012 and a record low of -356.08 USD Million in December of 2015. This page provides the latest reported value for - Bolivia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bolivia Balance of Trade - values, historical data and charts - was last updated on July of 2020.

Balance of Trade in Bolivia is expected to be -375.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Bolivia to stand at -190.00 in 12 months time. In the long-term, the Bolivia Balance of Trade is projected to trend around -180.00 USD Million in 2021 and -140.00 USD Million in 2022, according to our econometric models.

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Bolivia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
40.47 54.77 515.02 -356.08 1994 - 2020 USD Million Monthly

Bolivia Trade Last Previous Highest Lowest Unit
Balance of Trade 40.47 54.77 515.02 -356.08 USD Million [+]
Current Account -145.50 -294.60 760.10 -1077.30 USD Million [+]
Current Account to GDP -3.40 -4.60 12.10 -9.30 percent [+]
Imports 283.03 554.79 1081.12 119.76 USD Million [+]
Exports 235.81 595.26 1197.23 100.52 USD Million [+]
Capital Flows -234.00 -723.50 849.00 -1612.90 USD Million [+]
Remittances 324.00 330.00 381.32 18.10 USD Million [+]
Gold Reserves 42.50 42.51 42.52 28.34 Tonnes [+]
Foreign Direct Investment -4.40 108.70 1023.40 -505.47 USD Million [+]
External Debt 11267.60 10846.20 11267.60 2055.90 USD Million [+]
Crude Oil Production 61.00 61.00 62.00 23.00 BBL/D/1K [+]
Terrorism Index 3.39 0.00 3.39 0.00 [+]


Bolivia Balance of Trade
Bolivia has been recording consistent trade surpluses since 2004, mostly due to a rise in the shipments of commodities. Natural gas ,silver, zinc and soybeans account for 72 percent of total shipments. Main imports are: machinery and transport equipment , chemicals and related products and mineral fuels and lubricants. Main trading partners are: Brazil (33 percent of total exports and 18 percent of imports), Argentina (12 percent of exports and 13 percent of imports) and United States (10 percent of exports and 11 percent of imports). Others include: China, Peru and South Korea.