Bolivia: Sales abroad drop and 60 products are no longer exported

Published 2020년 8월 17일

Tridge summary

The COVID-19 pandemic and economic crises in Bolivia and globally have significantly impacted the country's exports, with over 60 national products ceasing export operations in the first half of this year. The most affected sectors are mining, agribusiness, and manufacturing, leading to a 25% decrease in exports, totaling $3,109 million, a drop of $1,045 million compared to the same period in 2019. The National Chamber of Exporters of Bolivia has expressed concern over the situation, pointing out financial difficulties, delays in export procedures, and issues with commercial promotion. Products such as iron minerals, lemon peels, and various agricultural and manufacturing products have seen a significant decrease in international sales.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first half of this year, more than 60 national products were stopped exporting due to the COVID-19 pandemic. The drop in foreign sales affects mining, agribusiness and manufacturing. Exporters see the future "uncertain". The new coronavirus, the health quarantine decreed by the Government and the economic crisis in Bolivia and the world affected national exports. All sectors experienced a contraction that influenced their productive and commercial activity. According to data from the National Institute of Statistics (INE), processed by the Bolivian Institute of Foreign Trade (IBCE), during the first half of this year exports totaled $ 3,109 million, 25% less than that registered in the same period of 2019. It is about $ us 1,045 million less than what was exported in the last administration; In addition, more than 60 products from the mining, agribusiness and manufacturing sectors were no longer sold abroad unlike in 2019. The products that do not appear with commercial ...

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