January 17, 2022

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Bolivian president highlights biggest trade surplus in seven years

Bolivian president highlights biggest trade surplus in seven years

Peace-. Today, Bolivian President Luis Ars highlighted the trade surplus recorded in October, the highest in seven years, which he considered a sign of the strength of the process of rebuilding the national economy.

“With the unity of the people, we are working to promote economic reconstruction. He wrote in his account on the social networking site Twitter, “Until October 2021, our total exports amounted to nine thousand and eight million dollars and imports seven thousand and 424 million, leaving a trade surplus of one thousand 584 million, which is the highest in seven years.” .

He added that this important indicator comes even with an increase in imports due to the reactivation of public investment projects, the purchase of medicines, tests and vaccines to attend, prevent and contain Covid-19, and the reactivation of the internal productive dynamics.

According to data published by the National Institute of Statistics, as of October 2021, exports from this country grew by 64 percent, while imports rose 31 percentage points.

The main markets for exports were India, Brazil and Argentina, while the largest suppliers were China, Brazil and Argentina.

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