Economic Challenges: Bolivia Faces 19.7% Export Drop and Trade Deficit

Bolivia’s foreign trade contracted sharply from January to August 2024, with exports plunging 19.7 percent and imports dropping 14 percent. The National Institute of Statistics (INE) released these concerning figures recently. Economists and the INE attribute this decline to a mix of adverse factors. Natural phenomena have affected productivity, while road blockades have disrupted transportation. […]