Colombia Trade Balance


Colombia: Exports accelerate in January

March 25, 2011

In January, exports expanded 29.8% over the same month last year to reach USD 3.8 billion, which represented an improvement over the 20.6% increase in exports registered in December. The January result was bolstered by strong shipments of oil, coal and coffee. The gain in exports was driven by strong demand from the United States (Colombia's most important trading partner), which added 9.6% over the same month the year before. As a result of the January reading, the moving three-month sum of exports reached USD 11.1 billion and has now surpassed the pre-crisis peak of USD 10.8 billion recorded in July 2008. At the same time, imports accelerated 39.8% year-on-year in January to reach USD 3.8 billion. As a result, net exports pushed into positive territory, rebounding from a trade deficit of USD 137 million in December to a trade surplus of USD 13 million in January.


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Colombia Economic News

  • Colombia: Inflation remains steady in June

    July 5, 2018

    According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.15% over the previous month in June, a smaller rise than the 0.25% month-on-month increase in May.

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  • Colombia: PMI shoots up to two-and-a-half year high in June

    July 3, 2018

    The seasonally-adjusted Davivienda manufacturing Purchasing Managers Index (PMI) climbed to 53.0 in June, up from 51.1 in May, which marks the highest result since January 2016.

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  • Colombia: Central Bank keeps interest rate on hold in June

    June 29, 2018

    At its 29 June Board of Directors meeting, Colombia’s Central Bank (Banco de la República, BanRep) unanimously voted to maintain the benchmark interest rate at 4.25%, following a rate cut by 25 basis points at its last meeting held in April.

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  • Colombia:

    June 19, 2018

    The Fedesarollo consumer confidence index shot up to 8.9 points in May from 1.5 points in April, moving further above the zero-point threshold separating optimism from pessimism among consumers.

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  • Colombia: Industrial production records stellar expansion in April

    June 15, 2018

    According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 15 June, industrial output expanded 10.5% over the same month of the previous year in April, contrasting a revised 1.2% year-on-year contraction in March (previously reported: -1.4% year-on-year). Looking at a breakdown of the data, 34 out of the 39 industrial activities recorded an upturn, while the remaining five categories registered a decline.

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