Stable with slight growth in agricultural and machinery sectors
Special Rates
Preferential Rate
0%
Applicable under the Andean Community (CAN) agreements if specific origin criteria are met and documentation is provided.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Extends Tariff Preferences for Bolivian Goods Under Specific Subheadings
The United States has announced a temporary extension of tariff preferences for certain Bolivian exports under U.S. note 21(l) subheadings, aiming to support trade relations despite past political tensions.
October 15, 2023
Impact: This extension is expected to boost Bolivian exports of specific goods to the U.S., particularly in sectors like textiles and agricultural products, fostering economic cooperation.
Bolivia Seeks Reinstatement of Full Trade Benefits with U.S.
Bolivian officials have initiated discussions with the U.S. to restore full trade benefits under the Andean Trade Preference Act (ATPA), which previously covered goods under U.S. note 21(l) subheadings, but were suspended in 2008 due to policy disagreements.
September 20, 2023
Impact: If successful, reinstatement could significantly increase Bolivian exports to the U.S. market, reducing tariffs on a wider range of products and improving bilateral trade.
U.S. Reviews Trade Agreements Impacting Bolivian Imports
The U.S. Trade Representative's office is conducting a review of trade agreements and tariff classifications, including those affecting Bolivian goods under specific subheadings of U.S. note 21(l), to assess compliance with current trade policies.
August 5, 2023
Impact: This review could lead to changes in tariff rates or eligibility for Bolivian products, potentially affecting the competitiveness of Bolivian exporters in the U.S. market.
Policy Updates
Temporary Extension of Tariff Preferences for Bolivia
The U.S. government has issued a temporary policy extension for tariff preferences on certain Bolivian imports classified under subheadings enumerated in U.S. note 21(l), effective until further review in 2024.
