"This paper analyzes the relations between trade policy and industrial performance in Colombia since 1967. It is divided in six sections, the first of which is this introduction. The second overviews event prior to 1967. The third reviews foreign exchange and trade policies since 1967. The fourth considers the demand aspects of manufacturing growth since 1967, including the determinants of export performance. The fifth takes a look at the supply aspects, particularly the determinants of total factor productivity growth. Finally, the sixth draws some major conclusions of the analysis."