In the northern sector of South America lies a plain rich in raw(a) resources ranging from their famous coffee tree to their beautiful emeralds, Columbia is a unpolished nestled betwixt the Panama Canal and Brazil, its almost two quantify the size of Texas and has a population of about 44,000,000. Colombia has many natural resources and is in a great position to trade. Even though the country has a 12% unemployment rate, it thrives in agriculture and trade.
The country is also plentiful in many other resources; around of their other major agricultural assets include cut flowers, bananas, and deep br cause beans. The Colombian cut flower industry has become their ordinal largest earner from foreign exchange, only after coffee, and bananas. The production started splendid but Columbia is now the second largest exporter of cut flowers. another(prenominal) very principal(prenominal) part of Columbias resources is their banana industry. Bananas in Colombia are on par in monetary value of value to the country with coffee and cut flowers. In Columbia, banana crops occupy about 7 percent of each ingrained fruit crops, bearing almost $450 million to the country in 2000. Coffee from Columbia is another key aspect of the countrys economy. Colombia produces about 12% of all the coffee in the world, and is second only to Brazil.
In summary, coffee, bananas, and cut flowers are all essential to Colombias economy.
Although the flower, banana, and coffee industries are very important to Columbia, some other key products include rice, tobacco, corn, sugarcane, oilseed, vegetables, forest products, and shrimp. Together, these products bring Columbia a lot of business and trade, especially sugarcane and tobacco. Even though both markets have recently been passing play down in production, over the years they have be worthwhile. Overall, Columbia has many valuable resources and uses as many of them as possible when trading with other countries.
In addition to their own self-containing industries, Columbia is involved...If you want to get a full essay, modulate it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment