Bolivian official: Prices of many domestic food basket products are the lowest in South America

Published 2024년 8월 27일

Tridge summary

Bolivian Vice Minister of Agriculture and Livestock, Molinedo, highlighted the country's affordable family food basket prices in comparison to other South American nations, providing examples of lower prices for key food items like potatoes, onions, and rice. He also noted that chicken in Bolivia is less expensive than in many neighboring countries. However, the vice minister also drew attention to the issue of 'reverse smuggling' due to these low prices, leading to efforts to bolster border controls to address the problem.

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Original content

According to reports from Bolivia's "La Responsibility" and "La Rationale" on the 25th, Molinedo said that compared with South American countries such as Argentina, Paraguay, Chile and Brazil, the price of Bolivian family food baskets is significantly lower. He gave an example, saying that from the prices of the main products that make up the food basket, the price of potatoes remains at 45 to 55 Bolivianos per Arroba (Arroba, a Spanish unit of weight, 1 Arroba is equivalent to 11.5 kilograms), depending on the quality and size; tomatoes are 4 to 6 pesos per Arroba; onions are 4 to 6 pesos per Cuarti lla, a unit of weight equivalent to 1/4 arova) 5 bolivianos, and the same is true for carrots. However, the price of peas has risen slightly, to 20 bolivianos per quartia; broad beans are 20 to 25 bolivianos per quartia. In addition, chicken is 15.5 to 16 bolivianos per kilogram; beef prices are stable, 26 to 27 bolivianos per kilogram. Molinedo further compares: In Bolivia, the price ...

Source: Foodmate