Bolivia is a landlocked country in western-central South America that shares borders with Argentina, Paraguay, Chile, Peru, and Brazil. La Paz is the executive capital and seat of government, whereas Sucre is the constitutional capital. In 2024, Bolivia's GDP is projected to be at USD 49.5 billion. According to global trade data, the nation is now the 96th-largest exporter in the world. India is the largest importer of Bolivian commodities, according to the most recent data available. In 2024, as per Bolivia export data, Bolivia's overall export value is projected to be around USD 11.2 billion, with natural gas ranking as the top export.
Through commercial corridors, pipeline partnerships, and regional collaboration, Bolivia has maintained substantial export ties despite its landlocked status. It exports a wide variety of commodities and natural resources, including minerals, energy, and agricultural goods. Bolivia's access to international markets is being improved by ongoing advancements in logistics and transportation infrastructure.