Colombia Exports

Exports from Colombia dropped 11.9 percent year-on-year to USD 3.32 billion in October 2019, after a 12.3 percent fall in the previous month. It was the fifth straight monthly decline in exports, as sales went down for fuels & mining products (-24.6 percent), dragged down by petroleum, petroleum products & related (-19 percent). Meanwhile, sales increased for manufactured goods (8.5 percent), namely manufactured goods classified chiefly by material (27 percent); agricultural goods, food & beverages (6.1 percent), in particular bananas (61.8 percent); and other sectors (13.4 percent). In October, Colombia sold 18.4 million barrels of crude oil, a 6.5 percent rise compared to October 2018. The most important export partners were: the US (26 percent of total exports), China (13.4 percent), Panama (9.5 percent), Ecuador (6 percent), and Brazil (3.6 percent).

Exports from Colombia fell 12.3 percent year-on-year to USD 3.08 billion in September 2019, rebounding from an 11.6 percent slump in the previous month. It was the fourth straight monthly decline in exports, as sales dropped for fuels & mining products (-24 percent), dragged down by petroleum, petroleum products & related (-27.5 percent). On the other hand, shipments rose for manufactured goods (+3.2 percent), particularly machinery & transport equipment (+20.2 percent); and agricultural goods, food & beverages (+2 percent). In September, Colombia sold 16.5 million barrels of crude oil, a 10.1 percent fall compared to September 2018. Main export partners were: the US (26.6 percent of total exports), China (13 percent), Panama (8.5 percent), Ecuador (5.2 percent), and Brazil (4.8 percent).

Exports from Colombia dropped 11.6 percent year-on-year to USD 3.26 billion in August 2019, following a 9.9 percent fall in the previous month. Sales of fuels & mining products declined 21.3 percent, faster than a 19.1 percent decrease in July, mostly due to petroleum, petroleum products & related (-16.7 percent). Also, sales of manufactured goods went down 4.3 percent, after rising 5.6 percent in the prior month, in particular chemical products (-9.9 percent). In contrast, exports of agricultural goods, food & beverages advanced 2.3 percent (vs 3.2 percent), driven by flowers (27.7 percent) and sales of other sectors jumped 41.9 percent, following a 4.8 percent gain, boosted by non-monetary gold exports (69.8 percent). In August, Colombia sold 19.8 million barrels of crude oil, a 3.1 percent fall compared to August 2018. Main export partners were: the US (28.8 percent of total exports), China (12.2 percent), Panama (5.6 percent), Ecuador (5.3 percent), and Peru (3.5 percent).

Exports from Colombia declined 9.9 percent year-on-year to USD 3.27 billion in July 2019, after dropping 8.7 percent in the previous month. Sales of fuels & mining products went down 19.1 percent, following a 5.2 percent fall in June, mainly due to coal, coke & briquettes (-36.7 percent). On the other hand, sales of manufactured goods rose 5.6 percent, rebounding from a 13.1 percent decrease in the prior month, of which machinery & transport equipment (53.4 percent). Additionally, exports of agricultural goods, food and beverages increased 3.2 percent, recovering from a 11.3 percent decline, mostly due to unroasted coffee (24.2 percent) and sales of other sectors went up 4.8 percent, after dropping 23.6 percent. In July, Colombia sold 16.9 million barrels of crude oil, an 11.1 percent rise compared to July 2018. Main export partners were: the US (25.2 percent of total exports), China (16.6 percent), Ecuador (5.3 percent), Panama (4.3 percent) and Brazil (4.2 percent).

Exports from Colombia increased 1.2 percent year-on-year in May 2019, following a 2.2 percent gain in April. Sales of fuels & mining products rose further (5.2 percent from 5.1 percent in April), boosted by coal, coke & briquettes (30 percent). Also, exports of agricultural goods, food and beverages rebounded (0.4 percent from -6.7 percent), of which vegetables & fruits (28.7 percent) and animal & vegetable products (8.5 percent). On the other hand, sales of manufactured goods declined (-7.6 percent from 0.6 percent), in particular iron & steel (-75.9 percent) and special machinery for certain industries (-58.7 percent). In May, Colombia sold 19.0 million barrels of oil, a 4.3 percent increase compared to May 2018. The most important export partners were: the US (28.8 percent of total exports), China (7.3 percent), Panama (6.3 percent), Turkey (4.5 percent) and Mexico (4.4 percent).

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).