Forest exports totalled $39 million through September

As of September 2020, Bolivia's trade in wood products abroad reached $39 million, while imports in the same period reached $22.2 million, giving a positive trade balance of $16.8 million, according to a report by the Bolivian Forestry Chamber (CFB) based on preliminary data from the National Institute of Statistics (INE).

Gas sales drop by 22%

Bolivian natural gas exports between January and September 2020 reached a value of 1.524 billion dollars, representing a reduction of at least 22 per cent compared to the 1.947 billion dollars registered in a similar period in 2019, according to data from the National Institute of Statistics (INE).

LatAm, Caribbean GDP forecast to shrink 8.1% in 2020 – IMF

The Latin America and Caribbean (LAC) region could see an economic contraction of 8.1% in 2020 due to COVID-19 before entering a mild recovery” next year as the easing of lockdowns and adaptation by consumers and businesses help drive business activity, the International Monetary Fund (IMF) said. LAC countries expect to grow by 3.6% in 2021 as countries across the region emerge from deep recessions, but the speed and scale of the recovery will vary between states.