Bolivia: Export value grows 51% compared to last year

Published 2021년 6월 29일

Tridge summary

Bolivian exports have experienced a significant surge, reaching a seven-year high of $3,953 million between January and May 2021, a 51% increase compared to the same period last year, as reported by the Bolivian Institute of Foreign Trade (IBCE). This growth is attributed to a 23% increase in the volume of sales abroad and a 48% increase in traditional products like minerals, despite a decrease in hydrocarbon sales. Non-traditional exports, which account for 26% of the total, saw a 19% volume and 61% value increase. However, there was a decline in traditional products such as ethyl alcohol, quinoa, and palm hearts.

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Original content

Digital Page Seven The value of Bolivian exports as of May 2021 reached the highest value in the last seven years, the Bolivian Institute of Foreign Trade (IBCE) reported today. The rebound in exported value is 51% compared to the same period last year. Between January and May, the country exported 3,953 million dollars, a value that is 51 percent more than that registered in the same period of the last administration (2,042.1 million dollars) and the highest since 2015, highlighted the IBCE in its Cifras bulletin, which is prepared with data from the National Institute of Statistics (INE). The institution also highlighted that the volume of sales abroad grew by 23%. Exports of traditional products that have a weight of 74% in total exports increased 48% and 24% in value and volume, respectively, due to the significant increase in international mineral prices. An outstanding figure in the reduction of the value of hydrocarbon sales in the analyzed period from 924.8 million dollars ...

Source: Paginasiete