In the first quarter of 2024, the trade surplus of the Colombian free trade zones decreased 29.3%; in March alone, it dropped 30.7%

According to DANE figures, in the first three months of this year, the positive balance was of the order of US$339.8 million, while in the same period of 2023 the balance was closer to US$481 million. However, in March alone, the surplus was US$112.1 million, while in the same month last year it was US$161.8 million. H

Por Redacción

20 may 2024, 14:13 · 1 min de lectura

Primera Página - Agencia de Noticias -

Bogotá.- The National Administrative Department of Statistics (Dane) revealed this Monday that, in March 2024, merchandise exports from Colombia's free trade zones registered a 28.4% annual decrease, going from US$329.9 million FOB to US$236.4 million FOB.

In March 2024, exports from Special Permanent Free Trade Zones (Zfpe) recorded a 43.4% decrease, which contributed 24.4 percentage points to the total variation of exports (-28.4%).

Meanwhile, exports from the Permanent Free Trade Zones (PFTZ) recorded a decrease of 9.0% with a negative contribution of 4.0 percentage points. PFTZ Rionegro and PFTZ Barranquilla together contributed negatively with 7.2 percentage points.

In contrast, the Cayena PFIC and the Atlántico International PFIC together contributed 2.2 positive percentage points to the total variation. By type of operation, the decrease in exports in March 2024 (-28.4%) was mainly explained by outflows to the rest of the world of goods processed or transformed by a free zone industrial user, which contributed negative 29.5 percentage points to the total variation of exports.

In March 2024, the increase in external sales to the United States contributed a negative 21.4 percentage points to the variation of exports (-28.4%). Likewise, exports to Puerto Rico and Egypt together contributed 7,

In the first quarter of 2024, the trade surplus of the Colombian free trade zones decreased 29.3%; in March alone, it dropped 30.7%

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