Trade between Venezuela and Colombia grew 25.1 % in January

Trade between Venezuela and Colombia grew 25.1 % in January of this year, reaching a volume of $80.2 million.

Data published by the Venezuelan-Colombian Chamber (Cavecol) shows that despite the increase, “Venezuelan exports to Colombia experienced a contraction of 7.8 %, remaining at $12.8 million.”

According to Cavecol, this situation is a result “not only of the beginning of the year, but also of the instability in terms of the environment, which is directly related to market confidence and fluidity.”

Among the Venezuelan products whose exports to Colombia grew in January are: fertilizers, iron and steel castings, aluminum and its manufactures, fuels and oils, and organic chemical products.

Regarding imports of Colombian products, a notable increase of 34.2 % was recorded in the first month of 2025, reaching a total value of $ 67.4 million.

“This reflects the high complementarity and efficiency of Venezuelan-Colombian trade in terms of nearshoring, where Colombia can broadly and quickly supply (land transportation and logistics) the demand for Venezuelan products,” indicated Cavecol.

M.Pino

With information from Finanzas Digital and other national and international media

(Reference image: Firmbee.com on Unsplash)

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