Exports in Colombia
Colombia - Exports
Exports hits four-year low in March
Exports plummeted 28.5% in March over the same month a year earlier, following the 5.2% decline logged in February and marking the sharpest decrease in four years. March’s fall was driven by a significant contraction of exports of fuels and products of extractive industries.
In February—the latest month for which data is available—imports rose 0.2% over the same month of 2019, which was down from the 0.6% increase recorded in January.
Meanwhile, the trade deficit widened to USD 0.8 billion in February from the USD 0.6 billion shortfall in the same month of 2019.
Panelists participating in the LatinFocus Consensus Forecast project that exports will fall 21.6% in 2020, which is down 27 percentage points from last month’s forecast. In 2021, panelists see export growth at 13.5%.
Colombia - Exports Data
|Exports (USD billion)||38.6||34.1||39.8||44.4||42.4|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.08||0.0 %||Dec 30|
|Exchange Rate||3,287||-0.17 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
November 15, 2022
Economic growth moderated in the third quarter, with GDP increasing 7.1% on an annual basis (Q2: +12.6% year on year).
November 11, 2022
Manufacturing production grew 6.9% year on year in September (August: +9.1% yoy).The deceleration was largely due to a dip in steel and iron production.
November 8, 2022
The Colombian peso has fallen by over 11% against the U.S. dollar over the last month—reaching record lows—and 20.0% year to date.
November 8, 2022
According to a survey elaborated by Fedesarrollo , consumer confidence came in at minus 19.5 in October, down from September's minus 11.5.
November 7, 2022
Merchandise exports shot up 36.1% year-on-year in September (August: +32.2% year-on-year).