Bolivia

Bolivia ranked No. 96 in total trade value through March with a total of $223.33 million. Exports totaled $120.89 million and Imports totaled $102.44 million, a surplus of $18.44 million.

U.S. trade with Bolivia rose to $223.33 million through March

Bolivia’s trade with the United States rose to $223.33 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 14.3 percent below its total trade during the same time period last year. U.S. exports to Bolivia decreased 7.31 percent while U.S. imports from Bolivia fell 21.3 percent. The U.S. surplus with Bolivia was $18.44 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Miami Int’l Airport; No. 2 Port of Baltimore, Md.; No. 3 Port of Houston; No. 4 Port Everglades, Fla.; and No. 5 Port of Oakland, Calif.. During the same period the previous year, the top five were No. 1 Miami Int’l Airport No. 2 Port of Baltimore, Md. No. 3 Port Everglades, Fla. No. 4 Port of Houston and No. 5 Port of Oakland, Calif.. In the current time period, the top five accounted for 75.01 percent of Bolivia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami Int’l Airport fell 9.3 percent to $93.53 million.
    Exports fell 6.14 percent to $59.15 million. Imports fell 14.28 percent to $34.38 million.
  • Trade with No. 2 Port of Baltimore, Md. fell 20.47 percent to $30.25 million.
    Exports rose 25.41 percent to $4.2 million. Imports fell 24.9 percent to $26.05 million.
  • Trade with No. 3 Port of Houston rose 1.57 percent to $17.73 million.
    Exports rose 18.06 percent to $17.11 million. Imports fell 79.03 percent to $621,580.
  • Trade with No. 4 Port Everglades, Fla. fell 22.8 percent to $16.59 million.
    Exports fell 22.71 percent to $15.66 million. Imports fell 24.21 percent to $931,751.
  • Trade with No. 5 Port of Oakland, Calif. fell 24.47 percent to $9.42 million.
    Exports fell 6.1 percent to $427,560. Imports fell 25.17 percent to $8.99 million.

Bolivia ranked No. 96 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 95.

Meanwhile, total U.S. trade with the world increased to $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to Bolivia by value through March were the categories of Civilian aircraft, parts; Cell phones, related equipment; Compressors and pumps; Prepared foods, beverages; and Computers, respectively. They accounted for 32.49 percent of total exports to Bolivia.

The value of the top five categories of U.S. imports from Bolivia –– Tin, unwrought; Silver, various forms; Gold; Misc. cereals, including buckwheat, millet, canary; and Tungsten ores, concentrates –– accounted for 72.32 percent of all inbound shipments.

Looking more closely at U.S. exports to Bolivia:

  • Civilian aircraft, parts rose 11.68 percent compared to last year to $13.87 million.
  • Cell phones, related equipment fell 30.56 percent compared to last year to $7.86 million.
  • Compressors and pumps rose 941.78 percent compared to last year to $6.42 million.
  • Prepared foods, beverages rose 68.93 percent compared to last year to $5.67 million.
  • Computers fell 8.42 percent compared to last year to $5.45 million.

Looking more closely at U.S. imports from Bolivia:

  • Tin, unwrought fell 18.28 percent compared to last year to $30.27 million.
  • Silver, various forms fell 24.76 percent compared to last year to $21.49 million.
  • Gold rose 41.63 percent compared to last year to $8.05 million.
  • Misc. cereals, including buckwheat, millet, canary fell 29.59 percent compared to last year to $7.29 million.
  • Tungsten ores, concentrates fell 24.49 percent compared to last year to $6.99 million.

In the latest annual figures available, Bolivia recorded $992.81 million in trade with the United States. Total U.S. exports to Bolivia were $ 537.97 million and imports from Bolivia were $454.83 million. The U.S. surplus with Bolivia was $83.14 million.