Colombia: Merchandise export growth falls in July
Merchandise exports expanded 17.7% year-on-year in July, decelerating from June’s 74.3% increase.
Merchandise imports, meanwhile, grew 34.0% in July, compared to June’s 27.7% expansion.
The merchandise trade deficit widened to USD 1.9 billion in July from the USD 0.3 billion shortfall recorded in June. As a result, the trend worsened, with the 12-month trailing merchandise trade balance coming in at a USD 17.2 billion deficit in July (June: USD 16.3 billion shortfall).