Macroeconomy/Finance

Bolivia achieved a positive commercial balance of $ 76 million in the first quarter

Foreign trade recorded a trade surplus of $76 million in the first quarter of this year according to data from the Bolivian Institute of Foreign Trade (IBCE). The positive balance is the result of a 19% drop in imports compared to the same period of the last administration. Exports rose 1.85%, from $2.026 billion in 2019, to $2.058 billion. The largest bilateral trade surplus was with India for a value of $180 million; the main bilateral trade deficit was with China for an amount of $357 million.

Source: El Deber