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The increase in export volumes and values shows that there is more agricultural investment and productivity.
The Bolivian Institute of Foreign Trade (IBCE) Manager Gary Rodriguez announced that his county's agribusiness sector had a US$430 million trade surplus in the first four months of this year, which represents an increase of almost double compared to the same period in 2019.
Rodriguez explained that high international prices allowed agribusiness exports to grow by 49 percent.
In terms of volume, the Bolivian agricultural exports grew by 11 percent. "That means there is more agricultural investment, reinvestment, and productivity," he pointed out.
Despite restrictions, quarantines, and increase in logistics costs for producers, food imports only fell 4 percent in value and 9 percent in volume, he added.
��️ Weather risks can never be completely managed. Partners in GFAR, Agro-Insight, are working with the Yapuchiris of Bolivia to better understand meteorological predictions with valuable local weather knowledge.