attractive landscape in Colombia

Colombia Trade November 2017

Colombia: Export growth slows in November

Exports grew 6.7% year-on-year in November, a substantial drop from October’s stellar 15.1% rise. A breakdown of the components released by the National Department of Administrative Statistics (DANE) shows that the fuels and products of extractive industries, and the manufacturing sector expanded at a double-digit pace. However, output in the farming, food and beverages sector declined, and other sectors contracted severely by 40%, offsetting the gains made.

In October—the most recent month for which data is available—imports expanded 9.1% in annual terms, contrasting a revised 5.7% drop in September (previously reported: -5.6% year-on-year), due to a surge in the imports of combustibles.

The trade deficit was USD 0.6 billion in October —the most recent month for which data is available—down from a USD 0.7 billion shortfall in the same month of the previous year, but higher than September’s USD 0.3 billion deficit.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest