Andean Group - February 2015 (ISSN 1741-4466)

Exports: According to estimates by the Instituto Boliviano de Comercio Exterior (IBCE), a private sector lobby group, Bolivia’s exports rose by 5% year on year in 2014 to reach US$13bn, while imports grew 12% to reach US$10.5bn. The US$2.5bn trade surplus was down 15% on 2013, however. According to the IBCE, Bolivia’s main export markets in 2014 were Brazil, which took 29% of Bolivia’s exports, followed by Argentina (20%), the US (16%), Colombia (5%) and Peru (4%). On the import side, China overtook Brazil as Bolivia’s main import supplier, providing 17% of the total, followed by Brazil (16%), the US (12%), Argentina (11%) and Peru (6%).

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