Colombia Trade Balance


Colombia: Exports rebound in June

August 8, 2013

Exports expanded 5.6% over the same month last year in June, contrasting the 2.5% decline seen in May and overshooting market expectations of a 5.2% rise. The improvement was mainly due to a strong rebound in shipments of agriculture, food and beverage, as well as in fuel and mining goods. In the 12 months up to June, exports contracted 2.2% over the same period last year (May: -2.9% year-on-year).

Imports fell 6.6% in May (the latest month for which data are available) contrasting the notable 16.5% expansion recorded in April.

The trade balance reached a USD 86 million surplus in May, prompting the 12-month moving sum of the trade deficit to narrow from USD 1.3 billion in April to USD 1.1 billion in May.

LatinFocus Consensus Forecast panellists estimate exports will expand 4.2% this year, while the trade surplus will reach USD 1.7 billion. Next year, the panel expects exports to grow 10.9%, while the trade surplus will reach USD 2.6 billion.


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Colombia Trade Balance Chart

Colombia Exports June 2013

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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