Commercial exchange between Colombia and Venezuela is estimated at $449.7 million in 2022, according to data provided by the Colombian ambassador in Venezuela, Armando Benedetti.
This amounts to an increase of 95.5% in binational trade, explained Benedetti. He also detailed that Colombian exports to Venezuela are worth $400.3 million, which means a 113.3% growth, while Venezuelan exports to Colombia are estimated at $49.4 million, representing a growth of 17.9%.
El comercio binacional Colombia-Venezuela alcanza este año los US$449,7 millones, un aumento del 95,5%. Exportaciones: US$400,3 millones, lo que significa un aumento del 113,3%. Importaciones: US$49,4 millones, un aumento de 17,9%. Todo de la mano de @MincomercioCo @GermanUmanaM
— Armando Benedetti (@AABenedetti) October 27, 2022
Benedetti expressed his joy at the growth in trade from the reopening of the border between the two countries, which took place a month ago, on September 26. “Optimism continues to grow in binational trade between sister nations. We will not stop,” he wrote on Twitter.
Trade between the two countries was re-established with the reopening of the borders, after the arrival of Gustavo Petro to the presidency of Colombia.
Translation: Orinoco Tribune
OT/SC/AF
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