Wine and wine products market in Bolivia

Earlier Report Observations

From 2018 to 2021, Bolivia's wine market volume remained relatively stable, averaging around 14 500 t per year. The presidential decree of 2018 initiated the country's accession to the International Organization of Vine and Wine (OIV), which was finalized in late 2020, strengthening the sector's international ties. This period also saw the first significant export of Bolivian wine to Europe, with a shipment of about 7 000 bottles to Belgium in 2020, opening doors to demanding markets. International awards in 2021, including multiple gold medals at the Bacchus contest in Madrid, boosted the global image of Bolivian wines, coinciding with a gastronomic boom in major cities like La Paz that supported domestic consumption.

After peaking at 14 807 t in 2021, the market volume declined to 12 668 t in 2022 and further to 11 593 t in 2023. During this period, Bolivian wines continued to gain international acclaim, such as the 'TRI' wine from Campos de Solana winning several gold medals and being named Wine of the Year. A regulatory change in 2022 expanded duty-free import of winemaking machinery until September 2023, aiming to modernize local production facilities. The share of grapes destined for wine production in Bolivia increased significantly, reaching 60% by 2022, reflecting a shift in agricultural focus that supported domestic wine output while imports contracted sharply.

Production wine and wine products in Bolivia

In kind, 2017-2020, t

Top producers of wine and wine products, 2017-2020

World map of production of wine and wine products, 2017-2020

In 2019, Bolivia's wine and wine products production reached its peak at 8,400 tonnes. The following year, in 2020, production remained nearly unchanged, showing only minor fluctuations compared to 2019. The lowest production level was recorded in 2018 at 6,737 tonnes. That year saw the largest decline of 19.6%, while 2019 experienced the most significant increase of 24.7%.

Annual dynamics of production in Bolivia in kind, 2017-2020, t

Exports wine and wine products from Bolivia

Exports in kind, t

The market demonstrated considerable volatility during the observed period. Exports reached their lowest point in 2017 and peaked in 2019, with a 4.2-fold difference between these years. In 2020, Bolivia's wine and wine products exports amounted to 96 tonnes, representing a substantial 62.8% decrease compared to the previous year. The maximum export volume was recorded in 2019 at 257 tonnes, which also marked the largest annual increase of 107.7%.

Annual dynamics of product's exports from Bolivia in kind, 2017-2020, t

Between 2017 and 2020, three key markets—Ecuador, the United States, and the United Kingdom—collectively accounted for 77.7% of Bolivia's total wine and wine products exports by volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Bolivia in kind, 2017-2020

Exports in value, K $ US

Export values showed irregular patterns, indicating a volatile market environment. The lowest point occurred in 2017, while exports peaked in 2019, with a 2.6-fold gap between these years. In 2020, Bolivia's wine and wine products exports were valued at 506 thousand US dollars, reflecting a dramatic 49.8% decline compared to the previous year. The maximum value was recorded in 2019 at 1,006 thousand US dollars, while 2018 saw the largest increase of 96.0%.

Annual dynamics of product's exports from Bolivia in value, 2017-2020, K $ US

From 2017 to 2020, the United States (28.6% of export value), Ecuador (16.5%), and the United Kingdom (14.1%) played the leading roles in Bolivia's wine and wine products exports by value, together accounting for 59.2% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bolivia in value, 2017-2020

Imports wine and wine products to Bolivia

Imports in kind, t

After two consecutive years of decline, Bolivia's wine and wine products imports showed improvement. In 2020, imports reached 6,492 tonnes, marking a 10.7% increase compared to the previous year. However, between 2017 and 2020, imports decreased by 32.3% overall, equivalent to an annualized decline of 12.2%. The lowest import volume was recorded in 2019 at 5,862 tonnes, which also saw the largest annual decrease of 25.5%.

Annual dynamics of product's imports to Bolivia in kind, 2017-2020, t

During the 2017-2020 period, Argentina (38.0% of import volume), Brazil (17.4%), and Panama (12.8%) accounted for the largest shares of Bolivia's wine and wine products imports by volume, together comprising 68.2% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Bolivia in kind, 2017-2020

Imports in value, K $ US

Bolivia's wine and wine products import value declined for the third consecutive year. In 2020, imports totaled 1,000 thousand US dollars, representing a 12.7% decrease compared to 2019. Between 2017 and 2020, import values decreased by 32.7% overall, equivalent to an annualized decline of 12.4%.

Annual dynamics of product's imports to Bolivia in value, 2017-2020, K $ US

From 2017 to 2020, three principal markets—Argentina, the United Kingdom, and Mexico—collectively accounted for 61.3% of Bolivia's total wine and wine products imports by value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Bolivia in value, 2017-2020