According to the National Institute of Statistics (INE), the leading market for Bolivia´s imports is China, which in 2018 received more than $2 billion to import almost one million tons of different products. In 2019 the amount rose to $2.1 billion. The beef industry, vehicle imports, construction, agricultural input imports, tourism and overseas transportation, are affected.
The Government and the CAO conducted an overflight in the affected areas. The overflow of the Rio Piraí flooded 10,000 hectares n Limoncito, and the overflow of the Rio Grande flooded 1,000 hectares in the Litoral area. Most of the flooded area planted soybeans.
YPFB’s Corporate Contracting Management presented the Annual Contracting Program (PAC). There are 52 contracting processes registered for three consultancies and the acquisition of polyethene, black steel, galvanized steel, city gates, district regulation stations (DRS), galvanized steel and polyethene accessories.
The Carnival festivities generated an economic movement of more than 70 million Bolivians ($10 million) during eight days of celebration, in which the region received nearly 100,000 tourists.
According to official data, mining investment in Bolivia closed 2019 with $4 million for prospecting and exploration. The investment executed was minimal, the reserves did not expand, putting the sector at risk in the medium term, only 20% of the mining cooperatives and 48% of the small miners have the Mining Identification Number.
Savings have fallen by 1.16%, from Bs 179.4 billion ($25.9 billion) in December 31, 2019 to Bs 177.4 billion ($25.6 billion) in January 31 of this year, according to data from the Bolivia’s Financial Authority (ASFI).
The Bolivian Port Services Administration (ASP-B) reported Thursday that a new Bolivian shipment of 10,679 tons of construction material arrived at the Peruvian port of Ilo in recent days onboard the ship Navios Soleil. It is the first shipment scheduled for this year. Bolivia plans to mobilize more than 100,000 tons of cargo through the port of Ilo, to consolidate this maritime terminal as a real alternative to Bolivian foreign trade.
As of December 31, 2019, the balance of Bolivia’s medium- and long-term public external debt reached $11,267.6 million, an increase of 10.7% compared to 2018, according to the Central Bank of Bolivia (BCB).
Thje volume of Bolivian exports through land in 2019 reached three million tonnes, same level as 2018 while imports grew from 4.9 to 5.1 million tonnes, according to the Bolivian Institute of Commerce (IBCE). The main exports were soy cakes, zinc minerals, soybean oil and liquified gas petroleum. The main imports were diesel, gasoline with a 90 – 95 index, wheat flower and iron or steel bars.
The manager of Santa Cruz Agricultural Chamber (CAO), Edilberto Osinaga, reported that climatic phenomena, such as droughts and floods, have not affected even 1% of the crops in the country and that supply is guaranteed. The current cultivated area in the country reaches 2.7 million hectares. According to data from the National Institute of Agrarian Insurance, rains and droughts have affected some 15,000 hectares of crops.