Sandbanks preventing ships from entering Barranquilla are causing Colombia’s main maritime port losses of at least $900,000, several Colombian media reported Monday. Two ships have run aground on sandbanks near…
Colombian imports surged 35.2% in February from the same month a year earlier, fueled by car purchases, the government’s statistics office said Friday. Imports to Colombia in the first two…
The U.S. Congress will allow the expiration of a the Andean Trade Preference Act, which allows many Colombian goods into the country duty-free, reports Reuters. The U.S. Congress is to…
2010 was a record year for car sales in Colombia and 2011 is positioned to follow suit. A record 253,869 vehicles were sold in Colombia in 2010 according to a…
Colombia threatened to cut off foreign liquor imports starting March 1 in hopes to reclaim lost tax on illegal imports, at the National Federation of Departments on Wednesday, reported newspaper…
Colombia’s Minister of Trade, Industry and Tourism Sergio Diaz-Granados announced Thursday that Venezuela will repay $336.2 million of the debt it owes Colombia, reports Dinero. Diaz-Granados said $193.1 million will…
Colombia posted a trade deficit for a third-straight month in September as the country’s economic recovery and the strong appreciation of the peso drove a boom in purchases abroad that…
Colombian President Juan Manuel Santos announces his government’s trade strategy, whose main points are “total competitiveness, access to new markets, and governmental support.” The government’s goal is to double exports,…
Colombia posted a $133 million trade surplus in June, with imports rising 25.5% to $3.1 billion from the same month a year ago. In the first half of the year,…