Bolivia’s crude oil and natural gas exports to Argentina have fluctuated significantly over the past decade. The peak in 2014 was 2.47 billion USD, then exports plummeted by 43.52% in 2015 and further by 46.52% in 2016. However, there was recovery with a peak in 2018 at 1.35 billion USD.
From 2018 onward, there were smaller fluctuations, including a decrease in 2019 and 2020 but some recovery in 2021. The value reached 1.39 billion USD in 2023. Projected exports for 2024 and beyond show a steady increase, with a forecast annual growth rate of around 1.1% and an overall growth of 5.6% by 2028.
Future trends to watch include the stabilization and slight growth in exports to Argentina. Stakeholders should closely monitor geopolitical and economic factors that could impact these trends. Regulatory changes or shifts in energy policy in either country could also affect future export levels.
