Colombia Plans Oil Exports to U.S.; Costa Rica’s Exports Expand

A roundup of Wednesday’s news from across Latin America

Bloomberg Línea
March 23, 2022 | 11:15 PM

Bloomberg Línea — Colombia plans to export a surplus of about 40,000 barrels of oil to the U.S. as the war in Ukraine has prompted Washington to ban imports of Russian oil, while Costa Rica’s exports increased by 15% year-on-year in February.

On the region’s stock markets, Colombia’s COLCAP index saw the sharpest gains, up 2.03% at closing, driven by the hike in the price of Ecopetrol (ECOPETL) shares, which closed with a 5.09% increase to highs not seen since 2019.

Following is a roundup of Wednesday’s news from Bloomberg Línea and Bloomberg reporters across Latin America.




Costa Rica:

Dominican Republic:

  • In the first three months of 2022, 29 filming permits have been issued in the Dominican Republic as the Caribbean nation continued to be a favorite location for film companies. In 2021, Paramount Pictures, Netflix, Universal, Lions Gate and Disney were just some of the production houses that shot movies or series in the country. The film industry is an important foreign exchange generator for the country, attracts foreign investment, boosts tourism and generates jobs.


El Salvador: