Colombian Cocaine Production Fell to 11-Year Low Last Year
May 12 (Bloomberg) -- Colombian cocaine production fell to an 11-year low in 2009, the Interior Ministry said, citing preliminary findings by a study conducted by the United Nations Office on Drugs and Crime.
The country produced 390 metric tons of the drug last year, down 9 percent from 430 tons in 2008, the Interior Ministry said in a statement. Land dedicated to production of coca, the base ingredient of the drug, fell to 68,025 hectares last year, an 11-year low, according to the study based on satellite monitoring of fields of coca.
Colombia is the world’s largest producer of cocaine responsible for the majority of the drug sold in the U.S.
--Editor: Joshua Goodman,
By Matthew Bristow
May 12, 2010, 10:52 AM EDT