Establishment candidate in Colombia’s elections linked to mafia
Far-right group goes from opposing communism to opposing...
ELN declares unilateral ceasefire ahead of Colombia’s elections
Colombia’s opposition dismisses US claim of ‘Russian threat’
Colombia’s drug policy a ‘failure’ that obstructed peace:...
Medellin government rejects ‘illegitimate’ interim mayor
Electoral violence in Colombia doubled since 2018
Colombia legalizes assisted suicide in historic ruling
Why Colombia’s upcoming elections could trigger a crisis
Colombia’s inspector general suspends mayors on election meddling...
  • About
  • Support
  • Newsletter
  • Contact
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
Economy

Colombian exports to China increase five-fold

by Cameron Sumpter April 13, 2010

exports, colombia, china

Colombian exports to China were up 490% in the first two months of 2010 compared with the same period of the previous year, according to a report released Monday by national statistics agency (DANE).

The Andean country’s exports to China were worth $396.8 million in January and February, up from $67.2 million in 2009, reports Portfolio.

The data represents a huge increase in China’s dealings with Colombia, which had been the South American country with the least commercial dealings with the Asian giant.

Now Colombia is taking its part in supplying the booming demand fueled by the East Asian country’s relentless growth.

In 2009 China represented just 2.9% of Colombia’s total exports, while so far in 2010 the figure has risen to 6.8%.

In February, China became one of Colombia’s top five export destinations.

The fuel sector is leading the way with exports of $281 million in the first two months of this year, compared with $427 million for the whole of 2009.

According to the Economic Commission for Latin America and the Caribbean (ECLAC), China is now the second largest trading partner in Latin America.

ChinaDANEexportsfuel

Trending

  • Why Colombia’s upcoming elections could trigger a crisis

  • Colombia’s inspector general suspends mayors on election meddling charges

  • Medellin government rejects ‘illegitimate’ interim mayor

Related articles

  • Colombia’s poverty rate down to 39.3% as economy recovers from pandemic

  • Support for Colombia’s “right” plummets: poll

  • Foreign trade

  • RSS

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


Back To Top