Bolivia's food exports grow by 49%, despite smuggling
Bolivia
Published Jun 12, 2021
Tridge summary
IBCE sees an opportunity to get out of the food crisis. The country exports soybean cake and oil, meat, sunflower oil, quinoa, sugar, milk, and coffee.
Original content
Page Seven / La Paz Although the country imports and faces food smuggling, until April 11% more was exported in volume and 49% in value compared to the same period in 2020 and production (food) increased by 1.34%, according to data from the Institute. Bolivian Foreign Trade (IBCE). This year it is anticipated that the country may reach a production record with an expansion of more than 4%, depending on the weather and other factors. Figures from the National Institute of Statistics (INE) and prepared by IBCE reveal that in four months of this year a value of 594 million dollars in food was exported, 49% more than in 2020 in value and 11% more in volume, while imports reached 164 million dollars (see graph). Sales of non-traditional products, 80% of which are food, exceed those of hydrocarbons. Among the foods that the country exports are soybean cake and oil, meats, sunflower oil, quinoa, sugar, bean flour, milk and cream, sesame seeds, coffee, peanuts, sorghum, palm hearts and ...
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