Bolivian Goods Flood Peru Amidst Currency Crisis

Amidst efforts to curb illegal activities, Bolivian goods continue to flow into Peru. The economic situation in Bolivia, coupled with the devaluation of the Bolivian currency, has led to a surge in cross-border trade. Merchants are increasingly choosing to sell their products in Peru, where they fetch higher prices in soles. This informal trade is evident in the transportation of goods like gas canisters and eggs, which are easily smuggled across the border. Military controls exist, but they primarily target larger shipments, leaving smaller items to slip through. One local merchant stated, "It's better to sell in Peru, even with the risks, because we get more for our money." The situation highlights the economic disparities between the two countries and the challenges of regulating informal trade. The resilience of these informal trade networks underscores the need for more effective strategies to address the issue and support Bolivian businesses.