In September 2023, merchandise exports from Colombian Free Trade Zones have experienced a notable increase of 8.4 percent.
According to data revealed by the National Department of Statistics (DANE), the the significant increase translates into an increase in the value of exports, going from US$231.7 million FOB in September 2022 to US$251.1 million FOB in the same month of 2023.
This positive phenomenon not only reflects the capacity for adaptation and resilience of the Free Zone sector in Colombia, but also highlights the positive impact of the tax, customs and foreign trade policies implemented in the country.
These legal measures have been fundamental to promote social and economic development, stimulating investment and job creation.
Free Trade Zones in Colombia have emerged as a key mechanism to boost competitiveness and the development of economies of scale. The Frankish regime has allowed the consolidation of policies that strengthen the market, attract investments and facilitate active participation in international trade.
These positive results are not only a testament to the success of the Free Zone regime, but also underline the importance of having accurate statistics to measure the evolution and development of this strategic sector. The information provided by DANE becomes an invaluable resource to evaluate the performance of implemented policies and guide future strategies that further promote sustained growth.
At a time when the global economy faces challenges, these encouraging figures demonstrate that Colombian Free Zones continue to be a key driver of economic growth.
With a constant focus on improving trade conditions and attracting investments, the country is on its way to consolidating itself as a prominent player on the international stage, thanks to the effectiveness of its trade policies and the vitality of its Free Zones.
