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Little revenue from Colombia's largest industry finds its way back home.(illegal drugs)(Statistical Data Included)
America's Insider, July, 2001
BOGOTA -- A new study has found that while Colombian drug production has a street value of some $46 billion, just a tiny fraction of that amount ever finds its way back into the country. Colombia is the world's leading producer of cocaine - controlling up to 80% of world supply - and has become a major supplier of heroin to the US market, challenging the Asian gangs that have dominated the business for decades.
The drug trade also has eclipsed coffee and oil as Colombia's largest export industry. In one of the most comprehensive studies ever conducted, the Colombian ...
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