Bolivia is officially known as Plurinational State of Bolivia. Is a
landlock country located in western-capital South America. It is
bordered to the north and east by Brazil, to the southeast by
Paraguay, to the south by Argentina, to the southwest by Chile,
and to the northwest by Peru.
One-third of the country is within the Andean mountain range.
With 1,098,581 km2 of area, Bolivia is the fifth largest country
in South America, after Brazil, Argentina, Peru and Colombia,
the 27th largest in the world. Bolivia has the highest salt flats, lake, administrative capital city,
golf course, Irish pub, road, and cable car in the world.
Mining, Smelting, Petroleum and Food & Beverages Industries
are in great demand in Bolivia. Top trade partners of Bolivia are
Brazil, Argentina and China.
Free Trade Agreements
Bolivia is
a member of the Andean Community (CAN) with Colombia, Ecuador, and Peru. The CAN agreement has significantly reduced most internal trade barriers between these countries.
Along with Chile, Colombia, Ecuador, and Peru, Bolivia is also an associate
member of the Common Market of the South group
. The full members
include Argentina, Brazil, Paraguay, Venezuela, and Uruguay.
Tourism
Darius Morgan Martin, born in Romania, grew up in France and came to
Bolivia in the 1950
s
. In 1958 he decided to show this beautiful destination to
the world, opening the first incoming tour operator in Bolivia, Crillon Tours
.
With
1
.48 million international tourists visiting Bolivia in 2019
, the South
American country experienced
a bumpy but significant growth in the volume
of inbound tourism in the past decade
. That year, Bolivia’s total inbound
tourism expenditure amounted to 964 million USD
Economy
In 2020
, GDP per capita of Bolivia was 12
,373
.05 USD
.
Agriculture, forestry, and fishing accounted for 14% of Bolivia’s gross domestic product (GDP).
Imports:
Machinery, Petroleum Products,
Vehicles, Iron and Steels, Plastic