Exports from Colombia dropped 21.3 percent over a year earlier to USD 2.57 billion in August 2020, following a 21.7 percent slump in the previous month, amid the coronavirus crisis. Sales declined for fuels & mining products (-35.8 percent), mainly oil & oil products (-38.8 percent); manufacturing goods (-17.2 percent), in particular manufactured articles, classified mainly according to material (-29.7 percent); and agricultural goods, food & beverages (-7.1 percent), of which flowers (-27.4 percent). In contrast, sales of other sectors jumped 48.7 percent. In August, Colombia sold 16.5 million barrels of crude oil, a 16.8 percent fall compared to August 2019. Main export partners were: the US (29.2 percent of total sales), China (10.2 percent), Panama (6.6 percent), Ecuador (3.9 percent) and Brazil (3.7 percent).

Exports in Colombia averaged 1.12 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 October of 2020. source: Dane, Colombia

Exports in Colombia is expected to be 3.80 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 3.80 in 12 months time. In the long-term, the Colombia Exports is projected to trend around 4.70 USD Billion in 2021 and 3.80 USD Billion in 2022, according to our econometric models.

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Colombia Exports

Actual Previous Highest Lowest Dates Unit Frequency
2.57 2.55 5.71 0.02 1958 - 2020 USD Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-03 03:00 PM May -40.3% -52.3% -40%
2020-07-31 03:00 PM Jun -26.4% -40.3% -28%
2020-08-31 03:00 PM Jul -21.7% -26.4% -14%
2020-10-01 03:00 PM Aug -21.3% -21.7% -18%


News Stream
Colombia Exports Continue to Fall in August
Exports from Colombia dropped 21.3 percent over a year earlier to USD 2.57 billion in August 2020, following a 21.7 percent slump in the previous month, amid the coronavirus crisis. Sales declined for fuels & mining products (-35.8 percent), mainly oil & oil products (-38.8 percent); manufacturing goods (-17.2 percent), in particular manufactured articles, classified mainly according to material (-29.7 percent); and agricultural goods, food & beverages (-7.1 percent), of which flowers (-27.4 percent). In contrast, sales of other sectors jumped 48.7 percent. In August, Colombia sold 16.5 million barrels of crude oil, a 16.8 percent fall compared to August 2019. Main export partners were: the US (29.2 percent of total sales), China (10.2 percent), Panama (6.6 percent), Ecuador (3.9 percent) and Brazil (3.7 percent).
2020-10-01
Colombia Exports Fall for 5th Straight Month
Exports from Colombia declined 21.7 percent over a year earlier to USD 2.55 billion in July 2020, following a 26.4 percent drop in the previous month, amid the COVID-19 crisis. Sales decreased for fuels & mining products (-44.8 percent), namely oil & oil products (-50.9 percent); and manufacturing goods (-21.4 percent), in particular machinery & transport equipment (-38.7 percent). On the other hand, sales of agricultural goods, food & beverages jumped 16.5 percent, boosted by coffee (33.6 percent); and those of other sectors soared 115.7 percent. In July, Colombia sold 15.6 million barrels of crude oil, a 7.3 percent fall compared to July 2019. The most important export partners were: the US (28.3 percent of total sales), China (10.8 percent), Ecuador (5 percent) and Italy (3.7 percent).
2020-08-31
Colombia Exports Continue to Drop in June
Exports from Colombia dropped 26.4 percent year-on-year to USD 2.28 billion in June 2020, following a 40.3 percent plunge in the previous month, amid the coronavirus crisis. Sales declined for fuels & mining products (-50 percent), in particular oil & oil products (-62.3 percent); and manufacturing goods (-4.3 percent), namely chemical products (-17.8 percent). In addition, sales of agricultural goods, food & beverages rose 2.9 percent, driven by coffee (31.4 percent); and those of other sectors increased 5 percent. In June, Colombia sold 14.8 million barrels of crude oil, a 25.8 percent drop compared to June 2019. Main export partners were: the US (31.4 percent of total sales), India (4.7 percent), Panama (4.5 percent), the Netherlands (4 percent) and Italy (3.9 percent).
2020-07-31
Colombia Exports Slump 40.3% in May
Exports from Colombia plunged 40.3 percent year-on-year to USD 2.24 billion in May 2020, following a 52.3 percent slump in the previous month, amid the coronavirus crisis. Sales dropped for fuels & mining products (-56.7 percent), namely oil & oil products (-61.1 percent); manufacturing goods (-38.4 percent), in particular transport machinery & equipment (-61.9 percent); and agricultural goods, food & beverages (-11.7 percent), of which bananas (-35.4 percent). Meanwhile, other sectors exports jumped 91.2 percent. In May, Colombia sold 18.4 million barrels of crude oil, a 3.5 percent drop compared to May 2019. The most important export partners were: the US (29.7 percent of total sales), China (12.2 percent), Panama (-4.6 percent), Brazil (3.9 percent) and Chile (3.4 percent).
2020-07-03

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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