Colombia Trade Balance


Colombia: Exports moderate slightly in August

October 5, 2011

In August, exports expanded 50.5% over the same month last year to USD 5.0 billion. Although this represented a slight moderation compared with the 55.0% increase in July, exports maintained the double-digit pace of growth for the 13th consecutive month. The August increase mainly reflected strong growth in petroleum shipments (63.1% year-on-year) and coal exports (51.7% yoy). Owing to the solid reading, the moving three-month sum of exports rose from USD 14.4 billion in July to USD 14.6 billion in August, which represented a new record high. Meanwhile, in July, the latest month for which data are available, imports grew 32.8% year-on-year (June: +45.9% yoy) and the trade surplus widened from USD 156 million in June to USD 326 million in July.


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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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    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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