Cars are the first product that Bolivia imports from Colombia

Pgina Siete / La Paz

Vehicles are the main import product of Colombian market in the country, a commercial activity that recorded last year the figure of 25 million dollars in motorized imports .

The data correspond to the Bolivian Institute of Foreign Trade (IBCE) which, in its newsletter of July, collected information on the commercial relations existing between Bolivia and the Republic of Colombia.

In this order, the main shipment of goods The neighboring country corresponds to the automotive market, followed by polypropylene as the raw material for different industries, whose imports reached $ 12 million in 2017.

A similar figure is that which left the management of imports of perfumes from Colombia, while the imports of paales reported an amount of nine million dollars.

On the other hand, in the commercial relations between the two countries, Bo livia maintains a trade surplus against Colombia, since exports of domestic products to this market last year reached 336 million dollars .

The main product of Bolivian exports to Colombia is the soybean cake, which in figures 191 million dollars

Second, crude soybean oil, a product that for exports to Colombia 123 million of dollars in 2017.

The raw sunflower oil is the third export product of Bolivia to the Colombian market, which in the past management totaled $ 12 million.

Finally, the export of Bolivian milk powder to the Colombian market reached 10 million US dollars.

] Rosario Quisbert, representative of the IBCE Liaison Office in La Paz, said the trade balance between Bolivia and Colombia was still positive for national interests, given the scale Every year, our exports reached $ 336 million and we imported something of $ 225 million. In Colombia, we buy public and private transport vehicles with different characteristics, then we buy polypropylene, we buy perfumes and pastes, which are the four main products, says Quisbert.

The Colombian market has 48 million inhabitants destination for non-traditional exports of Bolivia, such as soybean, sunflower and milk powder, among other products.