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Germany a market of opportunities for exports that reached 20.8 mn euros

Germany is a market of ample opportunities for Bolivia’s exportable supply. Last year the export volume of Bolivian nuts to Germany reached 3,447 tons, with a value of 20.8 million euros. The export of quinoa reached 7.2 million euros, and chia seeds amounted to 2.1 million euros. In the case of tin, sales amounted to 700,000 euros. Bolivian purchases to the German market amounted to 144.7 million Euros in capital goods.

Cochabamba’s metropolitan train runs out of financing and carries $43 million in debt

The Government informed the Spanish company, Joca Molinari, that there are no more resources for the Cochabamba metropolitan train, and that external financing will seek to continue with the project. A debt of more than Bs 300 million ($43 mn) carries forward. The project demands a total of $447 million, of which three quarters has already paid. Government seeks external financing.

Minera San Cristobal paid $346.2 mn of taxes in 2019

According to the Sustainability Report presented, in the 2019 administration the San Cristobal Mining Company (MSC) had a production of 447 thousand tons of zinc-silver concentrate and 82 thousand tons of lead-silver concentrate, a total of 7.7% less than in 2018. At the national level, MSC paid taxes in the amount of 230.5 million dollars, corresponding to the 2018 management, as well as advance tax payments in the amount of 115.6 million dollars, corresponding to 2019. The royalties paid to the department of Potosí in 2019 amounted to $40.1 million (85%), and $7.1 million royalties destined only to the municipality of Colcha K.

Forest fires consume 2.3 million hectares

Forest fires in Bolivia consumed 2.3 million hectares of forest and pastureland, according to data released by the Fundación Amigos de la Naturaleza (FAN). From January to September 14, 2020, an approximate area of 2.3 million hectares burned throughout the country. The calculations based on the processing of a total of 5,309 satellite images. Forest fires in Bolivia are often caused by deforestation, which allows the expansion of the agricultural and livestock frontier. The high temperatures also favor them.

Five new markets for meat exports

On the occasion of the 210th anniversary of Santa Cruz’s libertarian feat, the government announced five new markets to export Bolivian beef in the coming months, enabling the export of meat to the markets of Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan.

Over $3.5 billion smuggled into the country during the pandemic

The industrialists of Oruro expressed yesterday their concern about smuggling and hope that with the agreement signed with the National Customs it will be possible to stop the illicit, the sector noted that only in the pandemic entered the country illegal goods valued at $ 3.5 billion, which leads to a loss of $ 2 billion to entrepreneurs legally established in the territory.

20.7% of the population of Santa Cruz dedicated to commerce

According to the results of the Continuous Employment Survey (ECE), which depends on the National Institute of Statistics (INE), in the second quarter of 2020, 20.7% of the total working population of Santa Cruz is employed in commerce. It is followed by manufacturing industry with 14.9%; transportation and storage with 11.2%; lodging, services and meals with 10.0%; education services with 5.9%; agriculture, livestock, hunting and fishing, and forestry with 5.1%. The remaining 23.6% corresponds to other branches of economic activity. The Gross Domestic Product (GDP) of Santa Cruz was 12.18 billion dollars until 2019.