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Analdex warns Colombia is "turning its back" on Asia-Pacific and missing export opportunities

FinanceColombiaEl ColombianoAI summary
Image: El Colombiano

Analdex president Santiago Pardo Salguero said at Asoexport's 90th Coffee Summit that Colombia has not inserted itself forcefully into the international economy and that "we are turning our backs" on opportunities in Asia-Pacific. He said foreign trade equals 35.4% of GDP and exports per capita are about US$1,283, versus US$7,700 for Costa Rica and more than US$5,000 for Mexico. He proposed moving from just over US$50,000 million a year to about US$100,000 million and reaching 10,000 permanent exporting companies.

In 45 seconds

  • Analdex proposes moving from just over US$50,000 million to about US$100,000 million in annual exports and reaching 10,000 permanent exporting companies.
  • Foreign trade represents 35.4% of Colombia's GDP and exports per capita stand at around US$1,283, versus US$7,700 for Costa Rica and more than US$5,000 for Mexico.
  • Pardo Salguero described a triple concentration: few products, about 460 companies accounting for nearly 90% of exported value, and destinations grouped in traditional markets.
Read the full story at El Colombiano

IASummary generated by artificial intelligence from a story by El Colombiano. It may contain errors: the original source prevails.

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