Customs officials inspecting and restricting shipments of silver bars at a port to curb foreign exchange outflow due to the West Asia crisis.
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Government restricts silver bar imports to curb forex outflow

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The central government on Saturday moved silver bars of 99.9 percent purity to the restricted import category. The step aims to conserve foreign exchange amid the West Asia crisis.

Bancolombia supported the entry of machinery and vehicles valued at more than US$110 million into the country during 2025 through 953 transactions for 212 clients.

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Importer Bistolfi Motors presented several high-end motorcycle models from MV Agusta and Italjet, now available in Chile.

Colombia's National Administrative Department of Statistics (DANE) reported that imports in January 2026 reached US$5,902.9 million, up 9.7% from January 2025. This marks the highest January figure in the decade, surpassed only by US$6,050.5 million in 2022.

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The Colombian Chamber of Steel (Camacero) estimates that the steel industry in Colombia will grow between 2% and 3% in 2026, surpassing several Latin American countries. The region is projected to see up to 4% growth. These forecasts draw from 2025 import figures, which indicated a slight increase.

Argentina's textile industry is facing a severe crisis, driven by high costs, declining demand, and factory closures, intensified by Economy Minister Luis Caputo's criticism of local clothing prices. Sector entrepreneurs reject official statements and call for reforms to boost competitiveness without job losses. The Italian SME model in specialized production is suggested as an alternative to perpetual protection.

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Indonesia's Corruption Eradication Commission (KPK) has named six individuals as suspects in a bribery and gratification case involving the importation of counterfeit goods at the Directorate General of Customs and Excise. The sting operation took place on February 4, 2026, targeting rogue customs officials and private sector figures from PT Blueray Cargo. The scheme allegedly manipulated inspection routes to allow illegal items to pass unchecked.

 

 

 

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