Colombia Retail Sector Research Highlights

Analysis

Colombia's supermarkets make way for discount grocers and increased e-commerce
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After a stagnant performance in 2017, the retail sector gained momentum in 2018, growing by 6.2%. Inflation was near the central bank’s target at 3.2% during the year, and this combined with the government’s December 2018 decision to increase the minimum salary by 6% for 2019 and general improvements in the country’s economic performance have translated to increased disposable income…

Overview

Economies worldwide prepare for the next industrial revolution
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The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are bringing emerging markets improved productivity, as well as risks – namely, reshoring and the displacement of human labour by automation. Wealthier emerging markets, such as…

Overview

Economies worldwide prepare for the next industrial revolution
OBG
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Overview

Colombia's exports rise as logistics infrastructure improves
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Colombia has a well-established industrial base with a presence in a range of products, from processed foods to vehicle manufacturing. While growth rates for some industrial lines have been robust during the past decade, the economic slowdown experienced in 2016 and 2017 stunted industrial development as a whole during those years, adding to long-standing challenges such as high transportation…

Country Report

The Report: Colombia 2019
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Colombia is home to a distinctive blend of ethnicities, cultures and geography, has the second-largest population in South America and is the continent’s fourth-largest country. After spending much of the second half of the 20th century embroiled in the world’s second-longest modern civil war, the 2016 peace accord brought a formal end to the conflict between FARC and the government. The end o

Interview

José Manuel Restrepo, Minister of Commerce, Industry and Tourism: Interview
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Interview:José Manuel Restrepo How can Colombia boost international trade? JOSÉ MANUEL RESTREPO: Our strategy to boost productivity includes a push to actively participate in global value chains by capitalising on our free trade agreements and strengthening the country’s export capacity. We are reaching out to business owners across the country to support them in their export development…

Chapter

The Report: Colombia 2019: Industry & Retail
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Industry got off to a strong start in 2019, as domestic consumption and exports rebounded. The national government’s policies to expand successful programmes and do away with under-performing ones, together with a focus on improving productivity and leveraging collaboration between the country’s regions, should help to strengthen industrial capacity. However, while efforts to modernise and reduce…

Economic Update

El aumento en las ventas augura un buen futuro al comercio minorista de Colombia

In English Durante los primeros cinco meses del año, las ventas al por menor en Colombia se han incrementado gracias al aumento de la confianza de los consumidores, con un mercado sólido que continúa atrayendo a empresas dedicadas a la construcción de centros comerciales y a minoristas internacionales. Según datos proporcionados recientemente por el Ministerio de Industria y Comercio, entre…

Analysis

Retail expands in Colombia as disposible incomes rise and poverty rates decrease
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Growth of the economy has translated into an expansion of disposable income for some segments of the Colombian population. Consequently, the retail sector has been developing at an unprecedented speed. This has led to an expansion of the fast-moving consumer goods (FMCGs) segment and a vast increase in modern retail space across the country. Not only has the retail sector been buoyed by new…

Overview

Colombia's exposure to international markets drives improved productivity and cost cuts
OBG
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Industrial growth has given Colombia a strong internal mechanism for development and an effective way to supply internal demand. Despite its importance in the 1980s and 1990s, when civil conflict and insecurity kept international investors away, the sector has been losing ground as a component of GDP. The opening of the Colombian economy to international trade and a growing number of trade…

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Colombia Retail Sector Research Highlights

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