Huila among the many 5 areas that elevated exports – 2024-05-16 23:09:20

by times news cr

2024-05-16 23:09:20

Risaralda, Bogotá, Magdalena, Huila and Antioquia collectively exported, within the first quarter, a complete of US$2,509.3 million for a development of 16.5% in comparison with the identical interval in 2023, after they totaled US$2,154.3 million.

Diario del Huila, Financial system

A notable enhance of two.5% was recorded in exports of non-mining and power items through the first three months of the yr, reaching a complete of US$4,970.7 million. This determine represents a rise in comparison with the US$4,848.2 million exported in the identical interval of 2023. When it comes to quantity, a big development of 10.5% was additionally noticed, going from 1.9 million tons within the first quarter. from final yr to 2.1 million in the identical interval of 2024.

The Minister of Commerce, Trade and Tourism, Germán Umaña Mendoza, expressed his satisfaction with the continual development of non-mining exports. “One of many Authorities of Change’s bets is the transformation of the productive cloth that favors the enlargement of markets, diversification and worth addition in productive and export actions, and linkages,” defined the minister.

The agricultural sector led this development in overseas gross sales, with a number of industrial merchandise additionally contributing considerably. In response to knowledge from the Ministry of Commerce, Trade and Tourism, based mostly on DANE figures, a number of the merchandise that drove this development embrace tilapia fillets, with a rise of 115.5% in comparison with the primary quarter of 2023; bananas, with a rise of 84.9%; automobiles for cargo and folks, which noticed a rise of 74.4%; and the Tahiti lemon, with a constructive variation of 60.3%.

Different merchandise that stood out have been Hass avocado, with a development of 34.7%; polyvinyl chloride, with a rise of 18.4%; sugar, with a rise of 17.5%; magnificence preparations, with a rise of 16.8%; flowers, with a development of seven.8%; and candies, candies and sweets, with a rise of three.3%.

Relating to the departments, among the many 10 fundamental exporters of non-mining items, 5 stood out for his or her important contribution: Risaralda, Bogotá, Magdalena, Huila and Antioquia. Collectively, these areas exported a complete of US$2,509.3 million within the first quarter of the yr, which represents a development of 16.5% in comparison with US$2,154.3 million in the identical interval in 2023.

Of those 5 departments, Risaralda was the one which confirmed the best enhance in its non-mining exterior gross sales, with a development of 69.2% and a 4.1% share within the non-mining basket. Alternatively, though Antioquia grew the least with 4.8%, its share within the non-mining basket was 18.5%, the very best among the many 5.

The Vice Minister of International Commerce, Luis Felipe Quintero Suárez, harassed the significance of institutional help to advertise regional exports. “By means of ProColombia we serve corporations that produce or market items situated in several territories, to accompany them and assist them put in touch with worldwide consumers. Likewise, we help them to take part in worldwide exhibitions and gala’s,” defined Quintero Suárez.

This institutional help, which incorporates recommendation and participation in worldwide occasions, has been key for areas to extend their exports and diversify their markets, contributing to the nation’s financial development. The transformation of the productive cloth and the enlargement of markets are central components of the Authorities of Change technique, which continues to advertise the event and competitiveness of the totally different areas of Colombia.

Espresso, the primary product exported by Huila, represented 80% of the area’s exports within the first quarter of 2024.

Huila in Figures

On the finish of the primary quarter of 2024, Huila’s exports recovered considerably after an unfavorable interval final yr, putting it in constructive territory and contrasting favorably with the nationwide panorama.

In response to a DANE report, Huila’s exports, excluding oil and its derivatives, grew by 13.7% in worth between January and March. Exterior gross sales on this area elevated from 166 million FOB {dollars} to 189 million FOB {dollars}, contributing 0.3 proportion factors to the nationwide complete, in accordance with the calculations of the statistical entity.

On the nationwide stage, exports, excluding oil and its derivatives, reached 7,758 million FOB {dollars} within the first quarter of 2024. This determine represents an annual drop of 12.5% ​​in comparison with the 8,870 million FOB {dollars} registered in the identical interval of the earlier yr.

Among the many most exported merchandise by Huila, espresso stands out, which represented 80% of the area’s exports, in accordance with the report from the Ministry of Commerce, Trade and Tourism. The division is the biggest producer of espresso within the nation and in addition leads in fish manufacturing, one other of its fundamental exported merchandise. As well as, it’s the fourth largest cocoa producer in Colombia, in accordance with official knowledge.

The second most exported product by Huila is fillet and different fish meats, adopted by liquid pumps, contemporary fish and cocoa beans. Different merchandise highlighted within the export rating embrace electrical transformers, animal merchandise, frozen fish, varied contemporary fruits and sugar.

The report from the Ministry of Commerce additionally presents a consolidated listing of the ten fundamental locations for Huila’s exports. The principle vacation spot is the US, which represents 37% of the area’s overseas gross sales. In second place is Canada with 8%, adopted by Belgium with 7%, Japan with 6% and Venezuela with 5%. Different locations embrace Italy (4%), South Korea (3%), Australia (3%), China (3%) and Germany (2%).

This restoration in Huila’s exports displays not solely the resilience of the regional productive sector, but in addition the constructive impression of the export help and promotion insurance policies carried out by the federal government. With a diversification of markets and merchandise, Huila continues to consolidate itself as a key participant in Colombian overseas commerce.

Venezuela continues to develop

When evaluating the ten fundamental locations for non-mining items in Colombia, 5 helped drive development, which participated with 18.3% of this basket and grew 23% general. Within the first quarter they exported a complete of US$906.6 million, in comparison with US$737.1 within the first quarter of 2023.

Belgium, Venezuela, China, Mexico and Chile are the locations that elevated such a gross sales overseas.

Venezuela deserves particular consideration, which has not solely elevated its participation in non-mining exports and reached 3.5% on this first quarter, but in addition grew by double digits: 26%.

In these first three of 2024, Colombia exported US$172.2 million in non-mining items to Venezuela and a yr in the past it was US$136.4 million.

Sweets, centrifugal pumps, milk, soybean oil, fertilizers, confectionery, crackers, palm oil and electrical batteries, amongst what was bought to Venezuela.

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