economy
May 8, 2026
Trade between Colombia and Venezuela aims for $1.6 billion with the Caribbean as the axis
The Colombian-Venezuelan Chamber estimates that trade between Colombia and Venezuela will reach $1.6 billion in 2026, strengthening regional integration through its new Caribbean Regional Office in Santa Marta.
TL;DR
- Binational trade between Colombia and Venezuela is projected to reach $1.6 billion by 2026.
- The Cámara Colombo Venezolana inaugurated its Caribbean Regional Office in Santa Marta to facilitate business articulation and cooperation.
- Santa Marta is strategically positioned as a connection point for business between the two countries and the Greater Caribbean.
- The new office aims to strengthen long-term economic relations, generate commercial opportunities, and promote investment.
- In 2025, trade between Colombia and Venezuela reached $1.17 billion, with Colombian exports showing growth in food, beverages, chemical products, and plastic materials.
- The chamber sees opportunities in sectors including food, infrastructure, energy, logistics, manufacturing, business services, and regional trade.
- Resumption of diplomatic relations under Colombian President Gustavo Petro has led to border reopening and plans for a binational economic zone.
- Economic confidence and clear rules are crucial for facilitating investment, trade, and regional integration.