LA PAZ, Oct. 21 (Xinhua) -- Bolivia is expected to register a trade deficit in 2020 for the sixth consecutive year amid the novel coronavirus (COVID-19) pandemic and falling commodities prices, leading experts to recommend diversifying exports to reduce the gap in coming months.
Bolivia faces a tough export outlook because the deficit is bound to continue given the pandemic, as well as the decline in crude oil and mineral prices on the international market, according to Gary Rodriguez, general manager of the privately-run Bolivian Foreign Trade Institute (IBCE).