Colombian foreign trade: Exports and imports decrease in the first half of 2024 Colombian foreign trade between January and July 2024 has been marked by a slight decline in total exports and a slight decrease in imports.
Colombian Coffee: A Valuable Export and Investment Avenue for Second Citizenship Seekers Colombia, a country known for its rich cultural heritage and stunning landscapes, is also renowned for one of its most valuable commodities: coffee. Colombian coffee, famous for its smooth, rich flavor and exceptional quality, has earned its place among the most sought-after exports in the world. For second citizenship seekers, particularly those looking to secure investment opportunities, Colombian coffee offers not only a chance to engage in a lucrative industry but also a pathway to gaining residency and citizenship in one of the world’s most beautiful nations.
Remittances to Colombia continue to grow: over USD $6 billion entered the country between January and July Remittances to Colombia reached significant figures in the last 7 months. This increase in international transactions positively impacted the country’s economy and consolidated remittances as a key additional income for Colombian households.
FTA with the European Union: more exporters, but stagnant trade and little diversification The balance of the FTA with the European Union reveals a commitment that has increased the number of companies exporting to that region but has failed to diversify or significantly increase trade.
Trade war between the U.S. and China with no end in sight The technology and trade war between the U.S. and China has yet to reach a conclusion. This situation depends on the world’s confidence in the strength of the U.S. economy, which continues to lose weight in the world economy.
The price of the dollar rose in Colombia: Is it a good time to buy? The price of the dollar in Colombia has shown recent fluctuations, and analysts suggest that it could be a good time to buy, anticipating possible increases due to local and international economic factors.
VaxThera, the vaccine “Made in Colombia” is a reality and marks a milestone in sanitary sovereignty The inauguration of the VaxThera plant promises to strengthen health sovereignty and boost biotechnology research in Latin America.
Tax reform: these are the points that MSMEs are asking the government to address Facing a possible tax reform announced by the government, ACOPI requests that the high business inequality be taken into account. These are the proposals of the guild to support MSMEs.
Mayor of Bogota receives ETB amid customer and market share losses ETB reported losses in 2023 in its financial statements. The continued theft of the communications network and the lack of strategic direction are Mayor Galán’s main challenges to reverse the loss of customers and market share.
Colombia’s new coffee axis: Huila, Cauca and Nariño take the lead The traditional and very famous coffee axis, formed by Caldas, Risaralda and Quindío, has lost its participation in the cultivated area of the country. Its place as the coffee epicenter is now occupied by Huila, Cauca and Nariño.
Chinese T-shirt smuggling exceeds US$2 million annually, according to Cedetrabajo In 2023, more than USD $2.5 million worth of contraband T-shirts were smuggled from China, according to estimates from a research center. One of the researchers told us about the implications for the country.
Who leads the public debt ranking in South America? These are the countries with the highest debts In South America there are countries with a large public debt, such as Brazil and Argentina, and others with relatively little debt, such as Peru and Chile. Find out how Colombia is doing.
Latest recommendations from the International Monetary Fund, IMF to Colombia While full of praise for the government’s macroeconomic policies, the IMF acknowledges that the recessionary policies have been successful in reducing inflation and warns of an eventual overshoot in public spending.
Where are the Korean cars that Colombia buys produced? The increase in Korean car production in Latin America is the result of the offshoring of production to approach the Latin American market.
Brazil, Mexico and China compete for the Colombian vehicle market The Colombian vehicle market is getting smaller and smaller. Sales, production and imports fail to exceed the levels of a decade ago in a context of market recomposition.
Reindustrialization of Brazil and Colombia: How much money will each country allocate to industrial policy? The industrial policies of Brazil and Colombia coincide in several of their guidelines. However, the resources allocated by Brazil exceed, by 35 times, those expected to be invested by Colombia.
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Colombian Exports Exporter of the week: Many of the fortified wheat flour cookies eaten in Latin America are produced in Colombia
Colombian Exports Exporter of the week: Sugarcane-derived company exports chemicals and biotechnology to 30 countries
Colombian Exports Exporter of the week: service company driving business sustainability in Latin America
Colombian Exports Exporter of the week: Outsourcing, the company that provides customer service in Spain and the U.S. and is giving lectures on exporting services
Colombian Exports Exporter of the week: With the work of Frida Kahlo and Colombian authors, Cangrejo Editores is conquering the world
Colombian Exports Exporter of the week: this is the company that exalts the Colombian cocoa crop and exports fine chocolate
Colombian Exports Exporter of the week: ingeniously transforming Colombian concrete into street and home furnishings
Colombian Exports Four threats loom over Colombia’s dairy industry, according to the president of Dignidad Ganadera
