Colombian exports rebounded 54.4% in the first quarter

Colombian exports rebounded 54.4% in the first quarter

Colombian exports registered a rebound of 54.4% in the first four months of 2022 compared to the same period of the previous year. This was stated by the National Administrative Department of Statistics (Dane) with the disclosure this Tuesday of the report on foreign trade of the country.

(Read: The areas where energy rates have risen the most).

According to the report, in the first four months of the year the country’s foreign sales totaled US$18,385 million, unlike the US$11,909 million achieved in the same period last year.

In the first four months of the current year, the fuel category added US$10,150.2 million, which represented a growth of 93.9% compared to the same period of the previous year, when US$5,234 million were totaled. This division contributed 41.3 percentage points to the growth of foreign sales.

This rebound in the fuel division was driven by growth in sales of coal (151.9%) and oil (77.2%), which totaled US$3,279 million and US$6,611, respectively, in this period.

On the other hand, the volume of oil traded grew 8.9% from 9,794,024 metric tons to 10,667,030 metric tons.

(Also: Games of chance and well-being, after the GDP of entertainment).

Likewise, coal rose 10.6%, going from 18,820,085 tons to 20,824,116 tons.

In addition, the agricultural and food categories rose 29.5% to reach US$4,021 million; manufacturing grew 25.6% and totaled US$3,295 million.

On the other hand, when comparing by money collected, Colombian exports in the first four months of 2022 (US$18,385 million) were 36.6% higher than those registered in the same period of 2019.

In terms of destinations, during the period between January and April 2022, the United States was the main destination for Colombian exports, with a 24.6% share of the total value exported, followed by Panama (12.3%). , India (6%), China (5.2%), Brazil (4.3%), Turkey (4.1%) and Ecuador (3.3%).

Sales to the US totaled US$4,521 million, a growth of 32.3% compared to the same period in 2021 when it totaled US$3,418 million.

In addition, foreign sales to Panama, the country’s second destination, totaled US$2,257 million, growing 305.6% compared to last year’s result, when it totaled US$556.4 million.

Colombian exports last April totaled US$5,421 million for the fourth month of the year, which represented a growth of 82.2% compared to the same period in 2021 when US$2,976 million were reached.

According to the statistical agency, the value for April 2022 was the highest for this month since 1970.

ROBERTO CASAS LUGO

Source link

Previous Story

Cuban doctor in Mexico: AMLO violates the laws by bringing doctors from Cuba

Latest from Colombia