Bolivia hopes to resume beef exports this month

Published 2025년 3월 7일

Tridge summary

The Bolivian government is set to resume issuing new beef export permits in March, driven by increased international demand, particularly from China. This decision comes after a suspension in new permits in February, aimed at reducing local beef prices, which were over Bs 60 per kilo. Despite the measure, the price drop has been minimal, and the government aims to further reduce meat prices. The suspension of exports was not expected to negatively impact the Bolivian economy, as February sees low demand from China. However, in March and especially April, when demand from China increases, the losses from smuggling, speculation, and the lack of foreign currency and markets could be more noticeable.

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

Original content

More than a month after having restricted the issuance of new beef permits, the Government hopes that in March this activity can be resumed, due to the fact that international demand, especially in the Chinese market, increases. “March is a time when the percentage of exports is already increasing. We believe that in March we will have good news for the productive sector,” said the Vice Minister of Industrialization Policies, Luis Siles, on Thursday. Meat On February 5, the then Minister of Productive Development and Plural Economy, Néstor Huanca, reported that the authorization of new certificates of external supply was suspended, due to the price of beef in local markets. That month, the kilo of the product was sold for more than Bs 60, so the Government decided to suspend exports to increase demand and reduce costs. However, according to Siles, the reduction is still quite slight, so it is expected that the price of meat will drop even further to suspend the measure. “The ...

Source: Agromeat