Category: Macroeconomy/Finance

Information regarding Bolivia’s productive sector and the country’s macroeconomy.

Bolivia seeks to open markets in Europe and US

The Ministry of Productive Development is driving new opportunities for Bolivian exporters and seeks to open up markets in Europe and the United States, building on new trade agreements. Currently, Bolivia exports 345 products of more than 5,000 possibilities to the European Union and the situation is similar to the United States. Exportable products would be derivatives of camelids, quinoa, Amazonian fruits, wine products and non-metallic minerals.

YPFB loses $60 Mn per year at LNG plant

State oil company YPFB loses about $60 million per year from the operation of the natural gas liquefaction plant (LNG), according to estimates made by the consultancy Gas Energy Latin America (GELA). To date, the infrastructure operates on average 10% of its installed capacity. It is a 10 million cubic foot (MMpcd) liquefaction plant (MMpcd) and 33 regasification stations in remote populations in Bolivia, costing about $250 million.

Bolivian Stock Exchange: total transactions amounted to $11.8 bn in 2019

he Bolivian Stock Exchange (BSE) moved $1.8 billion in 2019, a figure lower than 30% than in 2018, due to the uncertainty generated by the cancelled elections of October 20 and more inferior liquidity in the market. However, demand for companies seeking to finance the public stock exchange grew; $550 million placed in new broadcasts in 2018 and $750 million in 2019. The outlook for 2020 is to reach $12 billion traded.