2024-03-18 19:38:02
During the month of January 2024, Colombian exports to the United States experienced a notable growth of 13.3%, according to data revealed by the Colombian American Chamber of Commerce, AmCham Colombia. This significant increase contributed to a slight 1.3% increase in the country’s total foreign sales during that period.
María Claudia Lacouture, executive president of AmCham Colombia, highlighted the importance of this increase in exports to the United States, underlining that this country continues to be a fundamental trading partner for Colombia. In addition, she highlighted that the Free Trade Agreement between both nations continues to be a key facilitator in commercial exchange, providing competitiveness to Colombian products in the US market.
The data reveal that the mining-energy sector experienced a growth of 13.6%, while the non-mining-energy sector showed an increase of 13%. Within the latter, the agricultural sector was one of the most notable, with a growth of 2%. In particular, fruit and fish exports experienced a significant increase, with increases of 260.5% and 225.7% respectively.
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In addition, AmCham Colombia highlighted the growth in the manufacturing sector, where products such as electrical machinery, chemical products and clothing registered significant increases in their exports to the United States during January 2024.
Given these encouraging results, AmCham Colombia has proposed a series of strategies to further increase Colombian exports to the US, including a focus on products with comparative advantage, joint public-private actions, associative development based on competitive advantages and a promotion efficient and focused on the states most likely to access Colombian goods.
In a context where Colombia faces growth challenges in 2024, these strategies are presented as fundamental to boost international trade and strengthen the country’s economy, benefiting all Colombians and promoting long-term sustainable development.
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