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main source of Asian investment.
So what are the trade data between the two countries, and what is the trade relationship?
Colombia's Observer reported on November 24 that trade relations between Colombia and China are in one of the "best stages", with Colombia's exports to China accounting for 4.
03%
of total exports.
In the first half of this year, Colombia's exports to China exceeded US$1.
1 billion, with coal, copper, coffee and soybean oil being the main export commodities
.
In the future, Colombia will also export pork and beef
to China after meeting quarantine standards.
03%
of total exports.
In the first half of this year, Colombia's exports to China exceeded US$1.
1 billion, with coal, copper, coffee and soybean oil being the main export commodities
.
In the future, Colombia will also export pork and beef
to China after meeting quarantine standards.
Ingrid Chaves, Executive Director of the Cámara Colombo China de Inversión y Comercio) (Cámara Colombo de Inversión y Comercio), said during the event: "Despite the trade deficit, the non-traditional export sector (Colombia to China) has increased significantly.
China Such as coffee, flowers, fruits, swimwear and other fields
.
These products have been welcomed in the Chinese market, and the prospects are very optimistic
.
”
China Such as coffee, flowers, fruits, swimwear and other fields
.
These products have been welcomed in the Chinese market, and the prospects are very optimistic
.
”
Chávez stressed that Colombia's exports to China tend to diversify and Colombia is preparing to export beef and pork to China, although some procedures have been delayed due to the coronavirus, such as the certification of slaughterhouses, but are expected to be completed
soon.
The Chamber hopes that Colombian pork will become a "star export"
.
soon.
The Chamber hopes that Colombian pork will become a "star export"
.
Carlos Ronderos, president of the Chamber of Commerce, expressed the hope to increase exports and improve Colombia's trade deficit with China, mentioning that in terms of logistics, exporting to China is cheaper
than exporting to the United States.
than exporting to the United States.
In terms of imports, Colombia's imports from China exceeded $9.
2 billion in the first half of this year, an increase of 45.
82%
over the same period last year, according to data from the National Statistics Institute of Colombia (DANE).
2 billion in the first half of this year, an increase of 45.
82%
over the same period last year, according to data from the National Statistics Institute of Colombia (DANE).
Landros mentioned that Chinese companies are involved in many construction projects in Colombia, such as Metro de Bogotá Line
1.
In addition, the Chinese app "Didi" has also entered the Colombian market
.
China also has a strong contribution in the field of energy transition and decarbonization, and a number of Chinese companies are already engaged in wind, solar and waste recycling in Colombia
.
1.
In addition, the Chinese app "Didi" has also entered the Colombian market
.
China also has a strong contribution in the field of energy transition and decarbonization, and a number of Chinese companies are already engaged in wind, solar and waste recycling in Colombia
.
In tourism, Landros said Colombia is working with Alianza del Pacífico countries to attract more Chinese tourists to Colombia
.
He also stressed that China is the world's largest exporter of tourists, and Chinese tourists will not only come to Colombia, but also visit several neighboring countries
.
.
He also stressed that China is the world's largest exporter of tourists, and Chinese tourists will not only come to Colombia, but also visit several neighboring countries
.
