Bolivia - Road VehiclesBolivia - Road Vehicles

This is a best prospect industry sector for this country. Includes a market overview and trade data

Last Published: 7/12/2019

Overview

Much of the new growth is in personal vehicles and trucks, but there is also increased interest in buses and other heavy vehicles.
As of December 31, 2014, the government only authorizes the importation of vehicles one year old or newer. This means that the Bolivian fleet is extremely divided between new vehicles and significantly older ones.

	2017	2018	2019 estimated*
Total Local Production	0	0	NA
Total Exports	0	0	NA
Total Imports	1,197,920,303	1,042,828,773	NA
Imports from the US	64,548,280	49,100,014	NA
Total Market Size	1,197,920,303	1,042,828,773	NA
Exchange Rates	6.86	6.86	NA

*The Bolivian government does not provide estimates.
(total market size = (total local production + imports) - exports)
Units: USD
Source: National Statistics Bureau (INE)

Leading Sub-Sectors

Cars, trucks, and buses and their associated maintenance equipment and spare parts are all markets that are growing.
Tractors, cycles and other land vehicles, along with their parts and accessories, are also growing markets.

Opportunities

U.S. companies can export new vehicles, as well as vehicle-related services, maintenance, and spare parts for older models.
Bolivia imports almost all of its road construction equipment and materials, and there are opportunities for U.S. companies to export equipment for road construction. Because of the varied topography, road construction in Bolivia is one of the most expensive in the region, generally costing the government between $1 million and $1.5 million per kilometer. At least one U.S. company is beginning to see success selling road construction technology to Bolivia.

Web Resources

Bolivian Authority of Transport and Telecoms (in Spanish)
Bolivian Highway Administration (in Spanish)
Bolivian Ministry of Public Works
Vias Bolivia

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