Exports from Colombia slumped 13.6 percent from a year earlier to USD 2.89 billion in November 2019, after a 11.9 percent decline in the prior month. It was the sixth straight monthly decrease in exports, due to lower sales of fuels & mining products (-25.3 percent), namely petroleum, petroleum products & related (-22.5 percent); and manufactured products (-4.5 percent), of which chemicals (-15.3 percent). On the other hand, those of agricultural goods, food & beverages rose 6.8 percent, boosted by sales of flower and cut foliage (20.9 percent). In November, Colombia sold 16.8 million barrels of crude oil, a 17.4 percent slump compared to November 2018. The most important export partners were: the US (28.6 percent of total sales), China (11.8 percent), Panama (8.2 percent), Ecuador (5.8 percent) and Brazil (3.7 percent). Year-to-date, shipments were down 6.2 percent over a year ago.
Exports in Colombia averaged 1.11 USD Billion from 1958 until 2019, 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. source: Dane, Colombia
Exports in Colombia is expected to be 3.20 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 5.00 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.