Products from the agricultural sector punctuate Colombian exports

Published 2020년 8월 4일

Tridge summary

Despite the challenges of the pandemic, Colombian exports have shown positive trends, with agriculture being a key contributor to this growth. In June, agriculture exports increased by 17.2%, with sectors like live animals and dairy products seeing significant growth. The United States is a major market for these non-mining energy exports, which include food, beverages, and paper products, with sales to the US increasing by 3.5% in the first half of 2020. Colombia is also seizing opportunities to expand its presence in other markets, with the recent start of avocado exports to China and beef exports to Egypt, supported by trade promotion agencies like ProColombia. The country is focusing on meeting the global demand for natural and healthy products, as it seeks to diversify its export portfolio and recover from the economic impact of the pandemic.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite the difficulties that have been registered as a result of the pandemic, the value of Colombian exports has been reacting favorably. According to Dane figures, in January external sales totaled US $ 3,423.6 million, but in February they began to decline and reached US $ 3,018.6 million, until in April they reached their lowest point with US $ 1,843.9 millions. However, in May they began to rise and in June they reached US $ 2,278.1 million. One of the sectors that contributes to this change in trend is agriculture, which in June had an increase in exports of 17.2%, from US $ 524.7 million to US $ 615 million), between the previous and the current. (Read: Exports would be reactivated in mid-May) When looking into the sector, there are sectors that stand out in these exports, such as live animals, which went from US $ 764 thousand in June 2019 to US $ 20.6 million in the same month of this year and in tons it went from 29 to 13,201. Other lines with a favorable behavior were ...

Source: MXContexto