News

Colombian exports up 17% in March

05/06/2003

According to Colombia’s statistics agency, leather goods were among the items which helped boost the country’s exports 17% to $1 billion in March, compared with the year earlier period.

 

Exports of non-traditional products, such as leather goods, textiles, steel, pearls and precious metals, rose 25% to $559 million during the month. Colombia’s exports to the US increased 19% to $256 million; however exports to Venezuela declined 21% to less than $1 million, due to currency controls and a 29% contraction in the Venezuelan economy crippling its purchase power.

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