attractive landscape in Colombia

Colombia Trade June 2019

Colombia: Exports in June fall at the sharpest rate this year

Exports contracted 8.7% over the same month of the previous year in June, contrasting a 1.2% year-on-year rise in May. June’s reading was underpinned by an across-the-board downturn, led by a sizeable drop in manufacturing exports. Overseas sales of farming, food and beverages products, and coal, coke and briquettes also fell notably.

In May—the latest month for which data is available—imports rose 6.1% over the same month of the previous year. This marked a deceleration from the 7.1% year-on-year expansion in April, mainly due to a fall in the purchases of agricultural produce from abroad. Meanwhile, imports of fuels and products of extractive industries surged in the month, while purchases of manufacturing imports were up by a softer upturn.

Meanwhile, the trade deficit widened substantially to USD 817 million in annual terms in May compared to a USD 600 million shortfall in the same month last year. That said, it was smaller than the USD 464 million deficit registered in March.

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