Colombia: Merchandise export growth falls in June
August 2, 2022
Merchandise exports expanded 17.2% year-on-year in June, decelerating from May’s 47.0% increase.
Merchandise imports, meanwhile, grew 24.5% in June, easing from May’s 53.0% expansion, and marking the softest increase in 11 months. The merchandise trade deficit widened to USD 2.0 billion in June from the USD 1.7 billion shortfall recorded in May. However, the trend improved, with the 12-month trailing merchandise trade balance coming in at a USD 18.5 billion deficit in June (May: USD 19.1 billion shortfall).