Daily Archives: August 27, 2014

Bolivia’s food security in peril; flour imports continue to increase!

Bolivia loses control of our food security, our producers are constrained with quotas, there is little if any protection for the investor, too many road/street blockades and rampaging anarchy.

Those are a result of the incompetence of current ochlocracy in government. Bolivia needs to produce more wheat, needs to decrease the amount of imports and increase the export of value added goods.

El Dia reports:

The import of flour goes up to 92%

2014-08-25 08.49.13 amThe first semester of this year [2014], the import of wheat flour rose by 92 percent over the same period of 2013, reaching $33 million dollars. Purchase of grain grew by 70 percent over the same period reaching 50 million, according to the Bolivian Institute of Foreign Trade (IBCE).

Flour imports grew despite that in 2013, wheat production in the country reached 227 thousand tons, representing a growth of 56 percent more than in 2012.

The IBCE explained that the growth of foreign purchases of this product is due to two factors, the first is that there is a greater demand, especially the bread industry and pulp industry. A second aspect is the largest customs border control forcing importers to declare the internment of more legal flour.