Bolivia Net Trade (Goods & Services, BoP)
Bolivia's net trade (goods & services, bop) fell to $-1.08 billion in 2023, down from $1 billion in 2022, according to World Bank. This represents a decrease of 208% ($2.09 billion) from the previous year. Bolivia has net trade (goods & services, bop) lower than the global median (-$1.08 billion vs median -$215.12 million). Compared with the median in Americas, Bolivia is lower (-$1.08 billion vs regional median -$131.64 million) and ranks 28th out of 39 countries in Americas.
Yearly Historical Data (1976-2023)
(in Billion USD)Bolivia Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Bolivia, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.