Tax: up to 31%
Duties: up to 15%
Restricted Items: Second-hand goods, restrictions on shipment value
Non-working days: Saturday, Sunday, and Public Holidays
Lead Time: 4-5 weeks
Best carrier option: Freight Forwarder or Courier
Prominent Languages: Spanish
South America is a challenging continent for import/export due to endemic operational and bureaucratic limitations. Bolivia is no different when it comes to the challenges faced by importers.
Corruption and bureaucracy are some of the main challenges faced by trade. The country’s legal system is complex and can be difficult to navigate.
Additionally, several compliance requirements should be considered when shipping into Bolivia. Notably, there are restrictions on shipment value to consider. Shipments into Bolivia that exceed a threshold will require further documentation and permissions.
Bolivia is a member of the World Trade Organization (WTO) and the Latin American Integration Association (ALADI). The trade agreements that Bolivia is part of have helped to promote cross-border trade and economic growth in the country.
South America is a challenging continent for import/export due to endemic operational and bureaucratic limitations. Bolivia is no different when it comes to the challenges faced by importers.
Corruption and bureaucracy are some of the main challenges faced by trade. The country’s legal system is complex and can be difficult to navigate.
Additionally, several compliance requirements should be considered when shipping into Bolivia. Notably, there are restrictions on shipment value to consider. Shipments into Bolivia that exceed a threshold will require further documentation and permissions.
Bolivia is a member of the World Trade Organization (WTO) and the Latin American Integration Association (ALADI). The trade agreements that Bolivia is part of have helped to promote cross-border trade and economic growth in the country.
How TecEx Can Help You Import into Bolivia
TecEx has vast experience dealing with high and low-value imports into Bolivia. We expertly navigate import regulations to ensure your goods are delivered safely and legally, regardless of their value. Our full Delivered Duties Paid (DDP) service covers everything from the pick-up to final delivery. TecEx’s Team of dedicated professionals is constantly investigating changes in import requirements into all 200+ of our destinations. This allows our clients to import into new or obscure destinations confidently.
The high demand for quality goods and services due to Bolivia’s large quantities of raw materials, territorial diversity, and natural resources boost steady innovation and entrepreneurial activity in the technology sector.
Bolivia has a low-cost workforce, making it an attractive destination for IT outsourcing companies. There are over 30 languages widely spoken in Bolivia. Quechua and Aymara are two other prominent languages in Bolivia.
TecEx is your go-to Importer of Record (IOR) and Exporter of Record (EOR) partner when importing and exporting to and out of Bolivia. Our in-depth understanding of Bolivian customs requirements and regulations offers a reliable and efficient DDP option for Bolivia and other challenging destinations in South America.
Your global trade solution for Bolivia
Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.
Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.