Markets

How Colombia’s Agribusiness Sector Is Driving Economic Growth

By: Caribbean Journal Staff - September 6, 2015

A major force in the region

By the Caribbean Journal staff

Colombia’s agribusiness sector is playing a key role in the growth of the country’s economy.

With $192 million in exports to over 127 countries, the industry generates about 6.2 percent of the national GDP, and the National Statistics Department reports that exports in agribusiness grew by over 10 percent compared to 2013.

Colombia’s agribusiness growth has also helped to position it as a strategic partner in the Caribbean market.

Along with wide availability of land and water resources, Colombia’s location and climate allow for the production of a diverse range of fruits, vegetables, and flowers year-round.

Colombia also has 13 free trade agreements and three partial agreements that allow it access to over 45 countries and 1.5 billion consumers in markets including the United States, European Union, Brazil, Mexico, Chile, and Peru.

That’s led to the accumulation of than 16 shipping companies offering service to 56 ports across the Caribbean, including Caucedo, Kingston, Havana, Port of Spain, San Juan, and many others.

Popular Posts nude beach yellow umbrellas

This is the Only Nude Beach Bar in the Caribbean 

For decades, it was one of the most famous (or infamous) places in the Caribbean: Club Orient, the beloved nudist resort set at the far southern corner of Orient Bay on the French side of St Martin.  In 2017, Hurricane […]


Heading to Saint Lucia? American Airlines Is Adding a New Flight.  

saint lucia tourism

The Pitons, the drive-in volcano, the chocolate, the floating water parks, the infinity pools.  Saint Lucia remains one of the most diverse destinations in the Caribbean, whether you’re seeking out a couples-only sanctuary in the rainforest or an authentic cacao […]


Planning a Punta Cana Vacation? Southwest Airlines Is Adding Flights From a New City

best all-inclusive resorts in punta cana

Austin. Detroit. Milwaukee. Hartford. Minneapolis. Providence. New Haven. What do they all have in common? It’s no secret that the largest source markets for Caribbean travel have been cities like New York, Miami and Chicago. In recent years, though, the […]


Related Posts barbados tourism caribbean

Barbados Tourism Minister Named Chairman of Caribbean Tourism Organization 

GRAND CAYMAN — Barbados Tourism Minister Ian Gooding-Edghill has been named chairman of the Caribbean Tourism Organization.  Gooding-Edghill was named during the CTO’s State of the Tourism Industry Conference.  He will take over the role as chairman of the CTO’s […]


Caribbean Hotel Pipeline Keeps Growing 

the family friendly resort on the beach

The Caribbean hotel pipeline continues to grow, according to a new report from the Caribbean Hotel and Tourism Association.  The region has what the CHTA called a “robust” pipeline of new activated hotel projects with more than 19,591 new rooms […]


Hilton Is Expanding to Guyana With Two Hotels 

hilton guyana hotels

Hilton is planning an expansion to the Caribbean’s fastest-growing economy: Guyana.  The company has signed an agreement for two new hotels in Guyana: a Hilton and a Doubletree Suites by Hilton.  The project, owned by an affiliate of Assets Group, […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You