Macroeconomy/Finance

Bolivia showed a trade surplus of $27 mn in Q1 2020

Between January and April 2020, Bolivia experienced a trade surplus of $27 million despite a 14% drop in exports, but imports fell by a higher proportion, 30% over the same period of the last administration. The primary destination countries for Bolivian products were Brazil, Argentina and India, and the leading suppliers for the domestic market were: China, Brazil and Argentina. The most significant bilateral trade surplus was recorded with India, amounting to $171 million; while the primary bilateral trade deficit was with China, amounting to $403 million.

Source: IBCE