Andean Group - October 2019

BOLIVIA | Exports down. Last month a private sector lobby, Instituto Boliviano de Comercio Exterior (IBCE), released a report which found that Bolivia’s exports totalled US$4.97bn in the first seven months of 2019, down 6% on the same period in 2018. According to the IBCE report, which was based on figures from the national statistics institute (INE), non-traditional exports fell 4% in value terms but were up 18% in volume terms. Meanwhile, traditional exports (hydrocarbons and minerals) were down both 7% in value terms and 27% in volume terms. Bolivia’s exports totalled US$8.96bn in 2018, up 9% on the previous year according to the official news agency, Abi.

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