According to official data, mining investment in Bolivia closed 2019 with $4 million for prospecting and exploration. The investment executed was minimal, the reserves did not expand, putting the sector at risk in the medium term, only 20% of the mining cooperatives and 48% of the small miners have the Mining Identification Number.
Savings have fallen by 1.16%, from Bs 179.4 billion ($25.9 billion) in December 31, 2019 to Bs 177.4 billion ($25.6 billion) in January 31 of this year, according to data from the Bolivia’s Financial Authority (ASFI).
The Bolivian Port Services Administration (ASP-B) reported Thursday that a new Bolivian shipment of 10,679 tons of construction material arrived at the Peruvian port of Ilo in recent days onboard the ship Navios Soleil. It is the first shipment scheduled for this year. Bolivia plans to mobilize more than 100,000 tons of cargo through the port of Ilo, to consolidate this maritime terminal as a real alternative to Bolivian foreign trade.
As of December 31, 2019, the balance of Bolivia’s medium- and long-term public external debt reached $11,267.6 million, an increase of 10.7% compared to 2018, according to the Central Bank of Bolivia (BCB).
Thje volume of Bolivian exports through land in 2019 reached three million tonnes, same level as 2018 while imports grew from 4.9 to 5.1 million tonnes, according to the Bolivian Institute of Commerce (IBCE). The main exports were soy cakes, zinc minerals, soybean oil and liquified gas petroleum. The main imports were diesel, gasoline with a 90 – 95 index, wheat flower and iron or steel bars.