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Bolivia Contracts

Bolivia is rich with natural resources such as tin, tungsten, antimony, sulfur, copper, iron, oil, natural gas, silver and gold, yet it has the smallest GDP per capita in South America. The exploration of mineral resources, which accounts for nearly all the country's exports, and agriculture, which caters mainly to the local market, form the basis of Bolivia's economy. Bolivia's mineral wealth furnishes the bulk of its exports. Petroleum products, plastics, paper, aircraft and parts, foods, automobiles, and consumer goods are imported Chief Industries includes Mining, smelting, petroleum, food and beverages, tobacco, handicrafts, clothing, forestry, tourism. Bolivia Major Trading Partners are Brazil, U.S., Venezuela, Peru, Argentina, Colombia, Chile, China, and Japan. Bolivia will remain highly dependent on foreign aid unless and until it develop its substantial natural resources.