Exports from Colombia rose 2.2 percent year-on-year in April 2019, following a 0.8 percent fall in the previous month. Sales rebounded for fuels & mining products (5.1 percent compared to 0.2 percent in March), namely petroleum and petroleum products & related (22 percent); and manufactured goods (0.6 percent compared to -9.1 percent), of which vehicles (38.3 percent), metals (56 percent) and essential oils & perfumery products (14.3 percent). On the other hand, sales of agricultural goods, food and beverages dropped further (-6.7 percent compared to -1.4 percent), mostly coffee, tea, cocoa, spices & preparations (-9.7 percent) and animal & vegetable products (-11 percent). In April, Colombia sold 20.7 million barrels of oil, a 13 percent increase compared to April 2018. Main export partners were: the US (31.4 percent of total exports), China (8.2 percent), Ecuador (5.2 percent), Panama (4.2 percent), and Mexico (3.6 percent). Exports in Colombia averaged 1.07 USD Billion from 1958 until 2018, reaching an all time high of 5.71 USD Billion in March of 2012 and a record low of 0.02 USD Billion in December of 1963.

Exports in Colombia is expected to be 3.57 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Colombia to stand at 3.90 in 12 months time. In the long-term, the Colombia Exports is projected to trend around 4.70 USD Billion in 2020, according to our econometric models.

Colombia Exports
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-03-04 03:00 PM Exports YoY -7.8% -14.6% 1.5%
2019-04-03 03:00 PM Exports YoY 6.2% -7.8% 4.2%
2019-05-06 03:00 PM Exports YoY -0.8% 6.2% 3.6%
2019-06-04 03:00 PM Exports YoY 2.2% -0.8% 1%
2019-07-03 03:00 PM Exports YoY 2.2%
2019-08-02 03:00 PM Exports YoY 3.5%
2019-09-03 03:00 PM Exports YoY


Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.66 -0.96 0.81 -1.97 USD Billion [+]
Current Account -3614.00 -3761.00 364.00 -6452.00 USD Million [+]
Current Account to GDP -3.80 -3.30 4.10 -6.40 percent [+]
Imports 4.53 4.30 6.08 0.28 USD Billion [+]
Exports 3.87 3.34 5.71 0.02 USD Billion [+]
External Debt 132794.20 135047.61 135047.61 36431.04 USD Million [+]
Foreign Direct Investment 3335.48 2841.22 6776.22 197.17 USD Million [+]
Capital Flows -3158.75 -3718.29 359.83 -6193.53 USD Million [+]
Remittances 581.20 534.40 944.50 162.44 USD Million [+]
Gold Reserves 18.90 18.20 18.90 3.49 Tonnes [+]
Crude Oil Production 893.00 899.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 142.14 139.67 165.96 73.87 Index Points [+]
Terrorism Index 5.61 5.60 7.16 5.58 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Colombia Exports

Colombia´s economy is highly dependent on exports of commodities. Oil and coal exports account for 59 percent of total shipments and gold for 5 percent. Yet, in recent years, other products such as chemicals, machinery and cut flowers have been gaining importance. Colombia´s main exports partners are: United States (36 percent of total exports), China (6 percent), Spain (5 percent) and Venezuela (4 percent). Others include: Netherlands, Chile, Ecuador, Peru, India, Brazil, and United Kingdom. This page provides - Colombia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Exports - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.87 3.34 5.71 0.02 1958 - 2019 USD Billion Monthly




Related

Latest