Deindustrialization
Colombia has seen a sharp drop in the manufacturing industry's share of its GDP, from 16% in 2005 to 9.9% in 2025. This structural decline is accompanied by relative growth in the agricultural sector, signaling reprimarization. Neighboring countries like Mexico and Brazil have maintained more stable industrial bases.
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Dr. Nikolas Bastian of Pelzgroup warns of impending deindustrialization in Wahlstedt. As the town's largest employer with 800 workers, he views the industry in a tough spot. As chairman of AIH Wahlstedt, he addresses the challenges facing businesses.