NOVA MEDIA PUBLISHING INC.

Bolivia: Banana Growers Have Not Exported for Two Weeks Due to Floods

1.2.2019

The floods have damaged banana exports causing damage amounting to 10 million bolivianos, meanwhile shipments to Argentina has been suspended for two weeks. The neighbouring country is still requesting the fruit, but it does not meet the quality standards to be exported and therefore it must be sold in the domestic market.

Jazmani Medrano of the Agricultural Chamber of Cochabamba (CAC) explained that Argentina is demanding the product but for the moment it is not possible to comply with their request. The outlook aggravates the situation of the banana growers that already reduced exports of the fruit in 2018 due to inflation in the neighbouring country which affected sales.

In 2017, 95,000 tons was exported to Argentina for a value of US$24 million but the figure decreased by 20% which means that only 75,000 tons had been sent to that country in 2018, according to data from the Bolivian Foreign Trade Institute (IBCE).

However, payments for the growers also came in late.

The pineapple and heart of palm crops have also been affected. Now, the CAC is trying to get aid from the national government and governorates to recover crops, which will take between four and six months. In addition, Medrano asks for the rescheduling of debts with financial entities.

The CAC hopes to reactivate exports in February, when the rains stop, but this will depend on government aid explained Medrano.

The sector requires 20 million Bolivianos to recover the damaged crops, but the Governor told the municipalities to spend their own resources and help the growers.

Follow us on

  • social
  • social
  • social
  • social
  • social
  • social

Subscriber Area



 
 

View our Demo now!

https://issuu.com/sopisconews/docs/demo