On October 2, the Vice Minister of Foreign Affairs of Colombia, Jorge Rojas, through his social networks, announced that Colombia will join the strategic plan of The Belt and The Road, the official name of the giant’s New Silk Road. Asian. An initiative to strengthen the political and commercial ties that unite both nations, under a diplomatic relationship that is approaching its 45th anniversary.
“Being part of this great project, of one of the strongest economies in the world, is vital to connect us more with global value chains. Some Latin American countries have China as their main trading partner and we
We must deepen these exchanges, especially in exports of non-mining energy goods from Colombia to that market,” said Javier Díaz, president of Analdex.
According to Dian figures, with analysis by Analdex, Colombia’s exports to China between January and July of this year have increased by 23%, going from US$1,306 million in 2023 to US$1,580 million in 2024. 78.3% Of the products that Colombia exports to China are from the mining-energy basket and oil represents 43.3% of this share. Then follows coal, which had an increase of more than 200%, jumping from US$146 million in that period of 2023, to US$472 million in 2024.
Likewise, ferronickel, copper, gold minerals and emeralds are kept unstrung or set. However, within the ten products that Colombia exports the most, in fourth place is coffee, a non-mining energy product, which had an increase of 165.7% since it registered a variation of US$40 million between January and July. in 2023, to US$106 million in 2024.