Mineral prices, keys to the export boom

After four consecutive years of decline, the country’s exports in 2017 grew 19 percent, rising from 31,757 million to 37,800 million dollars, according to the Dane. In volume, they grew from 137 million to 153.5 million net tons, an increase of 12.5 percent over 2016. “All the product groups registered positive variations, which shows that we are diversifying our export basket and reaching more and more markets. It is the confirmation of the reactivation of our economy”, said the Minister of Commerce, Industry and Tourism, María Lorena Gutiérrez. However, the Analdex association expressed concern that the entry of more dollars will generate revaluation, and in this way the necessary diversification of the country’s external sales will be forgotten.