Trade between Colombia, Venezuela could hit $1 billion this year

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Trade between Colombia, Venezuela could hit $1 billion this year
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CARACAS (Reuters) - Trade between Colombia and Venezuela could hit between $800 million and $1 billion this year, Colombia's Trade Minister German ...

CARACAS - Trade between Colombia and Venezuela could hit between $800 million and $1 billion this year, Colombia's Trade Minister German Umana said in Caracas on Wednesday. Trade between theCARACAS - Trade between Colombia and Venezuela could hit between $800 million and $1 billion this year, Colombia's Trade Minister German Umana said in Caracas on Wednesday.

"This year we estimate trade between $800 million and $1 billion and in 2024 we will be at no less than $1.8 billion dollars," Umana told journalists during a business conference. Total trade between Colombia and Venezuela from January to July 2023 was about $441 million, representing just over 15% growth versus the year-earlier period, according to data from the Colombian National Foreign Trade Association.

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