KZA Group PTY LTD

PRESS RELEASE

KZA GROUP

Time for Colombia to Accept the Export Challenge

The Paul Raftery, the Chairman of KZA Group called on Colombian business to address the challenge of fixing Colombia’s balance of trade. “The level of deficit on the Balance of Trade Account is unsustainable. It is business not government which needs to accept the challenge.”

 Export Data  API \

Colombia cannot continue to import more than it exports. Low commodity prices means that countries like Colombia and Australia need to not only export more but add value to what they export and fund new markets. Australia is a market which is really being ignored by Colombians. Australia is a thriving Western Democracy at the bottom of Asia which has earned its place in the sun by exporting commodities for over 200 years. 

Colombia exports to Australia A$62m and import $A39m. Why? Our trade is limited to Australia exports mining & energy services, education and some financial services, and Australia imports coffee! Australian companies have significant investment in Colombia but most is in mining and energy.

Australia is a medium size economy which imports may things because its costs of production are high due to high wages. There are huge opportunities if Colombian are prepared to accept the challenge

Source : http://ieconomics.com/balance-of-trade-colombia-australia

KZA Group is a specialist services company with the mission to build the bridge between Colombia and Australia. KZA Group is currently work on strategies for partners working in confectionary, coffee, service and plastics exports to Australia and implementing strategies to assist in the importing of Colombian jewellery into Australia and to enable Colombians study at Australia’s leading universities.

For more information contact:

Paul Raftery : paul.raftery@kzagroup.com.au