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In the first five months of this year Colombian foreign sales experienced annual growth of 14.5%, driven by exports of fuels, manufactured goods and slightly perishable goods.
National statistics (DANE) reported Tuesday that total exports in the period January-May reached a value of 17 thousand 159.8 million dollars FOB (Franco on board) 14 thousand 987 , $ 9 million In exports, those of fuels and mining products experienced an annual growth of 21.1%, to nine thousand 899.7 million dollars during the January. – May this year.
"This behavior is mainly explained by the increase in external sales of oil, petroleum products and related products (21 Similarly, shipments of manufactured goods increased by 19 , 2%, to three thousand 401.3 million dollars., Due to the increase in exports of manufactured goods, classified mainly by material (24.6%).
While the variation of external sales of agricultural products, food and beverages was 4.4% with three thousand 302.1 million FOB dollars. "This behavior is mainly explained by the increase in exports of cut flowers and foliage (12.0%) ", indicates the department.
According to the DANE, the acronym FOB corresponds to the selling price of the goods … shipped to other countries placed on the means of transport, without including insurance and the value of freight. FOB valuations include the transaction value of the goods and the value of the services provided to deliver the goods to the border of the exporting country.
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