Applied tariffs
Simple average MFN applied
2023
11.8 %
Trade-weighted MFN average
2023
9.6 %
Share of MFN duty-free
2023
7.0 %
Bound tariffs
Simple average bound
40.0 %
Binding coverage
100.0 %
Share of bound duty-free
0.0 %
Imports
Total imports: 9,902.7 million USD in 2024
Imports by partner
China
22.3 %
2,212.1
million USD
Brazil
14.4 %
1,424.7
million USD
Argentina
11.0 %
1,092.1
million USD
Peru
10.1 %
1,003.1
million USD
European Union
10.1 %
998.4
million USD
United States of America
8.2 %
809.4
million USD
Chile
6.1 %
603.8
million USD
Japan
2.1 %
206.8
million USD
Mexico
1.9 %
189.3
million USD
India
1.8 %
182.3
million USD
Rest of the World
11.9 %
1,180.7
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
18.3 %
1,809.6
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
9.6 %
951.5
million USD
870322
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.000 cm³ but <= 1.500 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.5 %
150.2
million USD
210690
Food preparations, n.e.s.
1.4 %
138.6
million USD
870323
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.2 %
116.2
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.2 %
114.5
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
1.1 %
106.0
million USD
870431
Motor vehicles for the transport of goods, with only spark-ignition internal combustion piston engine, of a gross vehicle weight <= 5 t (excl. dumpers for off-highway use of subheading 8704.10 and special purpose motor vehicles of heading 8705)
1.0 %
99.6
million USD
380893
Herbicides, anti-sprouting products and plant-growth regulators, put up in forms or packings for retail sale or as preparations or articles (excl. goods of subheading 3808.59)
1.0 %
94.4
million USD
380891
Insecticides, put up in forms or packings for retail sale or as preparations or articles (excl. goods of subheadings 3808.52 to 3808.69)
0.9 %
91.3
million USD
Rest of the products
62.9 %
6,230.9
million USD
Exports
Total exports: 9,059.2 million USD in 2024
Exports by destination
Brazil
16.9 %
1,528.0
million USD
China
14.9 %
1,350.8
million USD
European Union
10.3 %
931.9
million USD
Japan
7.9 %
717.0
million USD
Peru
6.6 %
600.6
million USD
Korea, Republic of
6.1 %
553.8
million USD
Colombia
5.8 %
522.1
million USD
Argentina
5.7 %
512.5
million USD
United Arab Emirates
5.3 %
483.7
million USD
India
4.1 %
371.0
million USD
Rest of the World
16.4 %
1,487.8
million USD
Exports by products HS 2022
271121
Natural gas in gaseous state
17.8 %
1,614.7
million USD
260800
Zinc ores and concentrates
15.6 %
1,415.7
million USD
261610
Silver ores and concentrates
13.2 %
1,198.3
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
7.6 %
686.6
million USD
230400
Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
6.0 %
545.1
million USD
800110
Unwrought tin, not alloyed
5.8 %
528.1
million USD
150710
Crude soya-bean oil, whether or not degummed
2.8 %
252.9
million USD
260700
Lead ores and concentrates
2.5 %
230.6
million USD
711319
Articles of jewellery and parts thereof, of precious metal other than silver, whether or not plated or clad with precious metal (excl. articles > 100 years old)
2.1 %
188.1
million USD
080122
Fresh or dried brazil nuts, shelled
2.1 %
187.0
million USD
Rest of the products
24.4 %
2,212.0
million USD
Preferential regimes provided by Bolivia, Plurinational State of
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Bolivia, Plurinational State of as a beneficiary based on other economies reported preferential regimes
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