Macroeconomy/Finance

Imports in Bolivia decreased by 70% due to coronavirus

Since the beginning of the Covid-19 outbreak in China, merchandise imported into Bolivia has decreased by 70%. With the closure of borders, the Departmental Chamber of Transport believes that their situation will become even worse. According to the Bolivian Institute of Foreign Trade (IBCE), in January 2020 Bolivian imports reached $753 million, 15% less compared to the same period in 2019; in volume, the decrease was 22%.

Source: Los Tiempos