Mining exports Colombia they represented 34% of the total value exported by the country in 2022 and totaled US$22,155 million, a growth of 65.6% compared to the US$13,382 million billed in 2021.
Read: There are 8.4 million credit card users in Colombia
Juan Camilo Nariño, President of the Colombian Mining Association (ACM), said this sector is one of the engines that will keep the Colombian economy going in 2023 and highlighted the growth in gold, coal, nickel and cement production in 2022, with historical records in royalty collection used for projects in the regions.
“In terms of royalties, contributions of more than $6.13 trillion had been generated by the end of 2022, up $4.2 trillion from the previous year, a historic figure for the country that we hope to continue to increase to to continue to promote regional development, Colombian”, said the chairman of the ACM.
Over the past 4 years, the industry has also generated purchases of goods and services for more than $45.5 billion, $34.4 billion in national territory and $17.3 billion in influence, resources that have been vital in strengthening the business fabric across the country.
“What we are seeing is the positive behavior of a sector that has become critical not only to the energy transition, but also to boosting the country’s regional economies with businesses reflected in other industries also participating in this generated ecosystem. mining,” Nariño said.
Growth of 4% is expected this year in the GDP mining and an increase in the share of the national GDP to 3%.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
