Bolivia blocks oil exports to Peru and risks a new price escalation in the country

게시됨 2024년 12월 16일

Tridge 요약

The government of Bolivia has temporarily halted its exports of refined oil due to rising domestic prices and a shortage, causing a 60% increase in prices in Peru, where Bolivia is a major supplier of edible oil. Nearly a third of the edible oil consumed in Peru is imported, with Bolivia contributing over half of this supply. The suspension may not significantly affect the Peruvian market, however, as the country allows tariff-free imports and has the capacity to replace Bolivian oil with local production or imports from other countries. This situation reflects a previous experience with soybean meal interruptions in 2023, when Peru successfully found alternative imports and adapted to the situation, indicating a similar ability to handle this current challenge with refined soybean oil.

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원본 콘텐츠

(Agraria.pe) A new concern is brewing on the tables of Peruvian families, after the government of Bolivian President Luis Arce decreed the temporary suspension of refined oil exports due to the rise in prices in the domestic market of Bolivia. This decision has been pushed aside due to the shortage of the product in the high plateau territory, which has caused, in turn, prices to increase by 60%. Why should this threat of state protectionism worry Peruvian households? Because almost a third of the edible oil consumed in our country is imported, and of this, more than half corresponds to the Bolivian supply, according to figures from the Ministry of Agrarian Development and Irrigation (Midagri) collected by the National Society of Industries (SNI). Not all edible vegetable oil comes from soybeans, but it is the main input used by the neighboring country to the south. It can also be prepared with olive, palm, canola or sunflower, although its representation is angular. At the end of ...

출처: Agraria