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Economy

Colombia’s June exports climbed 11.7% on year: DANE

by Adriaan Alsema August 6, 2010
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Colombia news - Barranquilla dock

Colombian exports in June climbed 11.7% to $3 billion from a year earlier, the government’s statistics institute, or DANE, said Thursday.

The June figures continue a pattern of increases in Colombia’s exports, boosted by sales of oil, coal, coffee and ferronickel. These products together climbed 30% in June and reached sales of $1.54 billion. Non-traditional exports, which include manufacturing and agricultural goods, declined 12% to $1.05 billion.

The export sector has enjoyed a strong recovery after suffering steep declines last year. In the first six months of 2010, exports are up 24.3% to $19.2 billion.

A string of diplomatic disputes with Venezuela hurt Colombian exporters last year, with sales to the neighboring country dropping 70%. As a result of the problems with Venezuela, China is now Colombia’s second-largest trading partner.

Government officials have said that they expect Colombian exports to climb 22% for the year and reach $40 billion.

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  • News
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@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top

Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion