Understand why Bolivia Ranks 88th in the List of Largest Importer Countries

Bolivia is the world’s 88^th largest importer country in the world and the 101^st most complex economy according to the ECI (Economic complexity Index). Every year millions of commodities Bolivia imports in very rich high quantity from different countries of the globe including Brazil, Argentina, the United States, Colombia, Japan, South Korea, Peru, Belgium, the United Arab Emirates and China etc.

With the reference of import data in Bolivia, the major imports of Bolivia are Cars (6.1%), Refined Petroleum (5.4%), Delivery trucks (4.4%), Large Construction Vehicles (2.4%) and Pesticides (2.3%).Here below is the list of top products that Bolivia majorly imports to different parts of the globe in the largest number of quantity throughout the year.

Top Bolivia Imports	Worth of imported products	Total imports in percentage
Machinery including computers	US $1.3 billion dollars	15.6% of total imports
Vehicles	US $1.1 billion dollars	13.6%
Mineral fuels including oil	US $767.9 million dollars	9.1%
Electric machinery & equipment	US $667.4 million dollars	7.9%
Plastics & plastic articles	US $445.4 million dollars	5.3%
Iron and steel	US $400 million dollars	4.7%
Other chemical goods	US $276.5 million dollars	3.3%
Articles of Iron or steel	US $250.5 million dollars	3%
Pharmaceuticals	US $184 million dollars	2.2%
Optical, technical, medical apparatus	US $179.3 million dollars	2.1%

In order to lead a successful import business in Bolivia, It is very important to check background statistics, top importers, quantity & price of Bolivia import trade and all these information can only be fetched from import data in Bolivia. Finding the accurate version of import data is the most important primary task to increase profit margin and expanding business globally. One must analyze current market scenario and demand of top import products.