Imports to Colombia slumped 39.9 percent over a year earlier to an over ten-year low of USD 2.88 billion in May 2020, following a 31.6 percent plunge in the previous month, amid the coronavirus pandemic. Imports dropped mainly for manufactured products (-42 percent), of which machinery & transport equipment (-55 percent); fuels & extractive industry products (-64.2 percent), in particular petroleum products & related (-70.8 percent); and agricultural products, food & beverages (-8.1 percent), namely food products & live animals (-8.4 percent). The most important import partners were: the US (26.3 percent of total imports), China (23.4 percent), Brazil (4.8 percent), Mexico (4.2 percent) and Germany (4 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. Colombia Imports - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Dane, Colombia

Imports in Colombia is expected to be 3.40 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 4.00 in 12 months time. In the long-term, the Colombia Imports is projected to trend around 4.50 USD Billion in 2021 and 4.70 USD Billion in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Colombia Imports

Actual Previous Highest Lowest Dates Unit Frequency
2.88 3.10 6.08 0.28 1980 - 2020 USD Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-21 03:00 PM Feb 0.4% 0.6% -4%
2020-05-14 03:00 PM Mar -16.6% 0.4% -5%
2020-06-19 03:00 PM Apr -31.6% -16.6% -30%
2020-07-17 03:00 PM May -39.9% -32.6% -21%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Colombia Imports Drop to Over 10-Year Low in May
Imports to Colombia slumped 39.9 percent over a year earlier to an over ten-year low of USD 2.88 billion in May 2020, following a 31.6 percent plunge in the previous month, as the coronavirus pandemic hit global demand. Imports dropped mainly for manufactured products (-42 percent), of which machinery & transport equipment (-55 percent); fuels & extractive industry products (-64.2 percent), in particular petroleum products & related (-70.8 percent); and agricultural products, food & beverages (-8.1 percent), namely food products & live animals (-8.4 percent). The most important import partners were: the US (26.3 percent of total imports), China (23.4 percent), Brazil (4.8 percent), Mexico (4.2 percent) and Germany (4 percent).
2020-07-17
Colombia Imports Slumps to Over 10-Year Low in April
Imports to Colombia plunged 31.6 percent over a year earlier to an over ten-year low of USD 3.09 billion in April 2020, following a 16.6 percent decline in the previous month, amid the coronavirus restrictions. Imports slumped mainly for manufactured products (-35.5 percent), in particular machinery & transport equipment (-50.4 percent); fuels & extractive industry products (-38.6 percent), namely petroleum products & related (-35.9 percent); agricultural products, food & beverages (-3.8 percent), of which beverages & tobacco (-43.9 percent); and other sectors (-63.3 percent). Main import partners were: the US (30.6 percent of total imports), China (17.8 percent), Mexico (6.7 percent), Brazil (5.6 percent) and Germany (4.4 percent).
2020-06-19
Colombia Imports Fall to Over 3-Year Low in March
Imports to Colombia declined 16.6 percent over a year earlier to an over three-year low of USD 3.59 billion in March 2020, after a 0.4 percent rise in the previous month, as the coronavirus pandemic led to fall in activity and demand. Imports dropped mostly for manufactured products (-18.9 percent), namely machinery & transport equipment (-24 percent); and mining products (-23.6 percent), in particular petroleum products & related (-28.7 percent). In contrast, purchases of agricultural products, food & beverages increased 3.1 percent, driven by oils, fats and waxes of animal and vegetable origin (41 percent). The most important import partners were: the US (26.1 percent of total imports), China (15.2 percent), Mexico (8.3 percent), Brazil (6.1 percent) and Germany (4.2 percent).
2020-05-14
Colombia Imports Rise 0.4% in February
Imports to Colombia rose 0.4 percent year-on-year to USD 3.97 billion in February 2020, following a 0.6 percent increase in the previous month, boosted by higher purchases of agricultural products, food & beverages (11.7 percent), in particular food products & live animals (17.2 percent); and fuels & mining products (8.2 percent), namely petroleum products & related (5.6 percent). On the other hand, purchases of manufactured dropped 1.8 percent, of which machinery & transport equipment (-2.2 percent). Main import partners were: the US (26.5 percent of total imports), China (21.6 percent), Mexico (8 percent), Brazil (4.4 percent) and Germany (3.4 percent).
2020-04-21

Colombia Imports
Colombia main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals and related products (17 percent); fuel, mineral lubricants and related products (10 percent) and food and livestock (8 percent). Main import partners are: United States (24 percent of total imports), China (16 percent), Mexico (11 percent) and Brazil (5 percent). Others include: Germany, Argentina, Japan, France, South Korea and Canada.

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category