INSUBCONTINENT EXCLUSIVE:
Bolivia experienced a significant drop in both exports and imports during the first quarter of the year 2024.According to the IBCE, using
data from the INE, exports fell 27% and imports 16% compared to last year.External sales, which were $2.645 billion in the first quarter of
2023, decreased to $1.921 billion in the same period of 2024.Imports also saw a decline, dropping from $2.797 billion in the first three
quarter of 2024.One of the most affected products was soy, which saw a decline of $115 million in exports and a volume reduction of 185,000
sectors to address the crisis in Bolivian foreign trade.He emphasized the need for a social and productive pact to enhance productivity,
dollar crisis is boosting agro-industrial exports.He also urged the government to work collaboratively with the private sector and avoid
deficit, now in its second year.
