Latinnews Daily - 06 February 2018

Colombia: Colombia’s national statistics institute (Dane) has reported that the country’s exports reached US$37.8bn in 2017, a 19% increase from the US$31.7bn reported the previous year. The value of Colombia’s exports across all categories grew compared to 2016, but exports of fuels and extractive products showed the most promising performance, registering positive year-on-year growth in 11 out 12 months of the year. On their own, fuels and extractives exports were worth US$20.9bn in 2017, up 32.4% on 2016. This was due to a rise in coal, coke, and briquette sales. The second-largest exports category in 2017 was food and drinks, with a notable increase in the exports of palm oil and derivatives.

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