Bolivia has a solid macro-economic situation and a very low unemployment level. The country faces development challenges, including high inequality and poor living conditions and low levels of investments in key economic sectors. Bolivia’s key trade issues include the need to diversify the economy into products with higher value added and services as well as to upgrade its infrastructure. In this context the Bolivian Government is trying to enhance private investment; continue the implementation of a far-reaching program of macroeconomic stabilization and structural reform creating conditions for sustained growth; continue implementation of autonomy and industrialization policy; while increasing domestic demand. ITC aims to work both at national and provincial level to strengthen the existing trade support institutions.
Notes: Top 20 products listed in decreasing order of their export potential to the world. Development indicators are relative to the country’s current situation, green indicating performance above its trade-weighted median and red otherwise. A blank cell indicates that data are not available. A blank cell in export potential means that the product was not consistently demanded over five years by any country in the respective region. Exports (US$ thousand) correspond to average exports to the world over the period 2009-2013.