Exports from Colombia slumped 52.3 percent year-on-year to an over 13-year low of USD 1.84 billion in April 2020, after dropping 28.5 percent in the previous month, amid the coronavirus crisis. Sales of fuels & mining products plunged 70.1 percent, in particular oil & oil products (-78.6 percent). In addition, sales of manufacturing goods declined 42.6 percent, namely manufactured items, classified primarily by material (-47.7 percent); and those of agricultural goods, food & beverages fell 1.5 percent, of which bananas (-40.1 percent) and coffee (-17 percent). In April, Colombia sold 16.6 million barrels of crude oil, a 19.7 percent decline compared to April 2019. Main important export partners were: the US (25 percent of total sales), Brazil (6.4 percent), Mexico (6.1 percent), China (4.7 percent) and Panama (4.2 percent).

Exports in Colombia averaged 1.11 USD Billion from 1958 until 2020, 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. This page provides - Colombia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Exports - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Dane, Colombia

Exports in Colombia is expected to be 3.70 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 3.40 in 12 months time. In the long-term, the Colombia Exports is projected to trend around 4.70 USD Billion in 2021, according to our econometric models.

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Colombia Exports

Actual Previous Highest Lowest Dates Unit Frequency
1.84 2.39 5.71 0.02 1958 - 2020 USD Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-02 03:00 PM Jan 11.7% -1.9% -5.5%
2020-04-02 03:00 PM Feb -5.2% 11.7% -2.5%
2020-04-30 03:00 PM Mar -28.5% -5.2% -10%
2020-06-01 03:00 PM Apr -52.3% -28.5% -32%


News Stream
Colombia Exports Drop to Over 13-Year Low in April
Exports from Colombia slumped 52.3 percent year-on-year to an over 13-year low of USD 1.84 billion in April 2020, after dropping 28.5 percent in the previous month, amid the coronavirus crisis. Sales of fuels & mining products plunged 70.1 percent, in particular oil & oil products (-78.6 percent). In addition, sales of manufacturing goods declined 42.6 percent, namely manufactured items, classified primarily by material (-47.7 percent); and those of agricultural goods, food & beverages fell 1.5 percent, of which bananas (-40.1 percent) and coffee (-17 percent). In April, Colombia sold 16.6 million barrels of crude oil, a 19.7 percent decline compared to April 2019. Main important export partners were: the US (25 percent of total sales), Brazil (6.4 percent), Mexico (6.1 percent), China (4.7 percent) and Panama (4.2 percent).
2020-06-01
Colombia Exports Fall 28.5% to an Over 3-Year Low in March
Exports from Colombia plunged 28.5 percent year-on-year to an over three-year low of USD 2.39 billion in March 2020, following a 5.2 percent decline in the previous month. Sales of fuels & mining products slumped 52 percent, mostly due to oil & oil products (-60 percent). On the other hand, sales of manufacturing goods rose 1.3 percent, namely chemical products (9.3 percent); and those of agricultural goods, food & beverages increased 2.1 percent, driven by live cattle (618.9%). In March, Colombia sold 17.7 million barrels of crude oil, a 10 percent decline compared to March 2019. The most important export partners were: the US (26.7 percent of total sales), Panama (5.8 percent), China (5.8 percent), Ecuador (4.6 percent) and Brazil (3.8 percent). Considering the first quarter of the year, exports from Colombia fell 8.7 percent over a year earlier to USD 8.76 billion.
2020-04-30
Colombia Exports Fall 5.2% in February
Exports from Colombia fell 5.2 percent year-on-year to USD 3.02 billion in February 2020, after jumping 11.7 percent in the previous month. Sales of fuels & mining products dropped 10.6 percent, namely chemical products (-15.8 percent); and exports of fuels and extractive industry products went down 9.3 percent. Meanwhile, sales of agricultural goods, food & beverages increased 3.6 percent, boosted by flowers (13.4 percent); and other sectors exports rose 31.2 percent. In February, Colombia sold 18.3 million barrels of crude oil, a 11.6 percent increase compared to February 2019. Main export partners were: the US (30.4 percent of total sales), China (9.6 percent), Mexico (6.9 percent), Ecuador (6.3 percent) and Panama (4.8 percent).
2020-04-02
Colombia Exports Rise 11.7% in January
Exports from Colombia rose 11.7 percent from a year earlier to USD 3.42 billion in January 2020, rebounding from a 1.9 percent decline in the previous month. Sales of fuels & mining products jumped 27.2 percent, boosted by coal, coke and briquettes (81.1 percent); and exports of agricultural goods, food & beverages increased 5.4 percent, driven by bananas (38.8 percent). Meanwhile, sales of manufactured products dropped 17.2 percent, in particular manufactured articles classified primarily by material (-19.6 percent); and other sectors exports fell 7 percent. In January, Colombia sold 18.3 million barrels of crude oil, a 1.5 percent fall compared to January 2019. The most important export partners were: the US (25.2 percent of total sales), Panama (12.5 percent), China (6.3 percent), Turkey (5.9 percent) and Mexico (4.8 percent).
2020-03-02

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.

United Nations Comtrade Database
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