Bolivia

Bolivia

The Bolivian state-owned company Yacimientos de Litio Bolivianos (YBL) and the mining company of Rosatom - Uranium One Group, have signed an agreement on the construction of a lithium processing plant in the department of Potosi.
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The economy of Bolivia is mixed. Traditionally, a significant role in it is played by the state, which still controls a significant share in mining enterprises. The main branches of the national economy: industry (38.3%), services (48.5%), agriculture (13.2%)

Bolivia holds a leading position in the world in reserves of tin, zinc, silver, tungsten, lead, lithium, antimony and gold. The country also has significant reserves of oil, gas and iron ore. The main type of ore raw material mined in Bolivia is tin.
Coca, coffee, bananas, oranges and cocoa, rice, tropical fruits and cassava are grown in agriculture. The Cochabamba department is distinguished by the most fertile soils suitable for various crops. Wheat, corn, barley, vegetables, tropical fruits, as well as dairy products are produced here; agricultural products are partially consumed locally, and partially exported to large cities. From domestic animals, in addition to pigs, cattle and sheep, llamas and alpacas are bred.

Bolivia's railways share a railway network with Chile, Argentina, Brazil, Paraguay and Uruguay. There is air communication with the countries of Europe and America. River transport is developed.

The export structure is dominated by associated petroleum gas, zinc ore, gold, soybeans and products from it, other metal ores, tin, oil, coffee, fruits, etc. are also exported; the main export trading partners are Brazil, the USA, Argentina, Colombia and China.

Imports are dominated by cars, trucks, petroleum products, buses, iron ore and rolled products, chemicals, food and other finished industrial products are also imported. The main import partners are China, Brazil, Chile, the USA and Argentina.