Bolivia: Agricultural production and quinoa fall

Published 2022년 2월 16일

Tridge summary

Despite optimistic GDP growth projections, 2021 data from Bolivia's National Institute of Statistics and the Institute of Foreign Trade reveal a downturn in key agricultural sectors, including quinoa, cocoa, heart of palm, beans, corn, and bananas. This decline, particularly in quinoa exports, is due to both internal and external factors such as land use restrictions, smuggling, low productivity, competition, and falling prices. The internal challenges are exacerbated by free trade and anti-protectionist policies, land distribution issues, and a lack of democratic agrarian policy. Additionally, the expansion of coca cultivation, which is protected, and the destruction of other crops due to smuggling have contributed to the decline in agricultural production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

as well as foreign exchange earnings from exports. However, while these "optimistic" versions say one thing, the national agrarian reality reveals pessimistic data that deny the official assertions. Indeed, according to official data from the National Institute of Statistics (INE), analyzed by the Institute of Foreign Trade (IBCE ), in the past 2021 several important items of agricultural production had a considerable drop, which generally determined the fall of the volume produced, as well as the income provided by some exports. Therefore, GDP growth does not have the pretty colors with which it is painted. The collapse of agricultural production was registered in the items of quinoa, cocoa, heart of palm, beans, corn, banana, wood and others, but especially of the quinoa that was being exported and becoming a source of foreign exchange for the national economy. In this regard, in 2020 the country exported 37.7 million kilos of quinoa worth 92.4 million dollars; but in 2021, that ...

Source: Notiboliviarural