Magdalena was ranked 12th nationally in the manufacturing industry

Magdalena was ranked 12th nationally in the manufacturing industry
Magdalena was ranked 12th nationally in the manufacturing industry

The department of Magdalena achieved a meager performance of 7.1% in the manufacturing industry during the previous month, ranking 12th out of the 32 departments in the country, according to the recent report from the Ministry of Commerce, Industry and Tourism (MinCIT).

In the regional context, Magdalena was ranked third among the Caribbean departments, only behind Cesar and La Guajira, which did manage to position themselves within the Top 10 of the regions with the highest manufacturing competitiveness index.

The MinCIT report highlighted the role of various departments in the recovery of the country’s manufacturing industry, which in April showed growth of 4.1%. Boyacá, Tolima and Risaralda were the departments with the most positive variations during this period.

The cities of Pereira, Cali and Bogotá registered the best results in terms of variations, with increases of 16%, 13% and 10.4%, respectively, surpassing others such as Yumbo and Medellín, which presented variations of 10.3% and 10.2%.

The weighted increase in the departments of Amazonas, Arauca, Caquetá, Casanare, Cesar, Chocó, Huila, La Guajira, Magdalena, Meta, Nariño, Norte de Santander, Putumayo, Quindío, San Andrés and Sucre was 7.1%, a figure higher than that registered by other regions such as Valle del Cauca (5.9%), Antioquia (5.8%), Cundinamarca (5.4%) and Santander (4.1%).

Magdalena’s performance in the manufacturing industry during the previous month reflects its little growth in terms of competitiveness and ability to contribute significantly to the national economy. With a yield of 7.1%, the department ranks 12th nationally. This little progress is an indication of Magdalena’s economic potential and its crucial role in the recovery and development of the manufacturing industry.

 
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