Colombia Trade Balance


Colombia: Exports accelerate in June

July 26, 2011

In June, exports expanded 54.0% over the same month last year to reach USD 4.7 billion, which overshot the 31.9% increase registered in the previous month. The June increase mainly reflected solid growth in oil and coffee shipments, which were partially offset by declining exports of industrial goods. Despite the strong reading, the moving three-month sum of exports dropped slightly from USD 14.3 billion in May to USD 14.1 billion in June, which nevertheless was well above the pre-crisis peak of USD 10.8 billion registered in July 2008. Meanwhile, in May, the latest month for which data are available, imports grew 54.9% year-on-year (April: +32.2% yoy). As a result, the trade balance swung from a surplus of USD 491 million in April to a shortfall of USD 227 million in May, which represented the first trade deficit so far this year.


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Colombia Economic News

  • Colombia: Inflation remains steady in June

    July 5, 2018

    According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.15% over the previous month in June, a smaller rise than the 0.25% month-on-month increase in May.

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  • Colombia:

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    The Fedesarollo consumer confidence index shot up to 8.9 points in May from 1.5 points in April, moving further above the zero-point threshold separating optimism from pessimism among consumers.

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  • Colombia: Industrial production records stellar expansion in April

    June 15, 2018

    According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 15 June, industrial output expanded 10.5% over the same month of the previous year in April, contrasting a revised 1.2% year-on-year contraction in March (previously reported: -1.4% year-on-year). Looking at a breakdown of the data, 34 out of the 39 industrial activities recorded an upturn, while the remaining five categories registered a decline.

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