Non-mining exports to the US in 2020 with the highest growth since 2017

Published 2021년 1월 15일

Tridge summary

Non-mining energy exports from Colombia to the United States saw the highest growth since 2017, with an increase of 8.2% in the first eleven months of 2020, despite global commercial difficulties due to COVID-19. The growth in non-mining energy exports to the United States meant a greater participation with 59.9% of sales to that country. The growth was mainly driven by processed foods, fish farming, cosmetics and grooming, animal or vegetable oils and fats, and dairy. The departments with the greatest commercial dynamism with the United States were Antioquia, Bogotá DC, Cundinamarca, Valle del Cauca, and Atlántico.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Non-mining energy exports from Colombia to the United States in the first eleven months of 2020 have had the highest growth since 2017, registering an increase of 8.2%, with sales of US $ .4815 million, despite commercial difficulties to those that the world has faced due to covid 19. An analysis by AmCham Colombia, based on information from DANE, found that in 2017 the increase in NME exports was 6.2%, with sales that reached US $ 5,076 million that year. , a figure that could be exceeded once the total result for 2020 is known in the coming weeks. The growth in non-mining energy exports to the United States also meant a greater participation with 59.9% of sales to that country, a significant upturn compared to the 40.1% of mining exports that have traditionally been higher. Between January and November 2020, Colombia's total sales to the United States decreased 23.8%, mainly due to the almost 47% fall in exports of mining and energy products, impacted by the slowdown in trade ...

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