Imports to Colombia rose 6.3 percent year-on-year to USD 4.76 billion in November 2019, rebounding from a 16.1 percent fall in the previous month, boosted by higher purchases of manufactured goods (1.2 percent), in particular machinery & transport equipment (10.4 percent); agricultural products, food & beverages (2 percent), mainly food & live animals (11.4 percent); and fuels & mining products (61.9 percent), of which petroleum products & related (93.8 percent). The most important import partners were: the US (27.3 percent of total imports), China (20.3 percent), Mexico (6.9 percent), Brazil (5.9 percent) and Germany (5.5 percent).
Imports in Colombia averaged 1.87 USD Billion from 1980 until 2019, reaching an all time high of 6.08 USD Billion in July of 2014 and a record low of 0.28 USD Billion in February of 1986. This page provides the latest reported value for - Colombia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Dane, Colombia
Imports in Colombia is expected to be 4.50 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Colombia to stand at 3.80 in 12 months time. In the long-term, the Colombia Imports is projected to trend around 4.50 USD Billion in 2020, according to our econometric models.