Imports to Colombia slumped by 8.6% over a year to a near 1-1/2-year low of USD 5.53 billion in January 2023, the third consecutive decline. Purchases fell for manufactured products (-18.1%), of which chemical products and related products (-22.9%) and manufactured articles classified mainly by material (-30.1%). Meanwhile, imports rose for fuels and extractive industries (+36.9%), primarily coke and refined petroleum products (+55.6%); and agricultural products, food & beverages (+6.5%), namely food products and live animals (+8.4%) and beverages and tobacco (+34.9%). The most important import partners were the US (29.5% of total acquisitions), China (21.3%) and Brazil (9.3%). source: Dane, Colombia

Imports YoY in Colombia averaged 8.98 percent from 1981 until 2023, reaching an all time high of 108.90 percent in March of 1993 and a record low of -40.50 percent in April of 1999. This page includes a chart with historical data for Colombia Imports YoY. Colombia Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Imports YoY in Colombia is expected to be -10.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Imports YoY is projected to trend around 4.00 percent in 2024, according to our econometric models.

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Colombia Imports YoY



Calendar GMT Actual Previous Consensus TEForecast
2023-02-14 03:30 PM Dec -5.8% -7.7% -1.6%
2023-03-17 03:00 PM Jan -8.6% -5.8% -1.6%
2023-04-21 03:00 PM Feb -8.6%

Colombia Imports YoY
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.
Actual Previous Highest Lowest Dates Unit Frequency
-8.60 -5.80 108.90 -40.50 1981 - 2023 percent Monthly

News Stream
Colombia Imports Slip for 3rd Month
Imports to Colombia slumped by 8.6% over a year to a near 1-1/2-year low of USD 5.53 billion in January 2023, the third consecutive decline. Purchases fell for manufactured products (-18.1%), of which chemical products and related products (-22.9%) and manufactured articles classified mainly by material (-30.1%). Meanwhile, imports rose for fuels and extractive industries (+36.9%), primarily coke and refined petroleum products (+55.6%); and agricultural products, food & beverages (+6.5%), namely food products and live animals (+8.4%) and beverages and tobacco (+34.9%). The most important import partners were the US (29.5% of total acquisitions), China (21.3%) and Brazil (9.3%).
2023-03-17
Colombia Imports Fall to Near 1-Year Low
Imports to Colombia slipped by 5.8% over a year to a near one-year low of USD 5.85 billion in December 2022, the second consecutive decline. Lower purchases were recorded for manufactured products (-9.3%), namely manufactured articles, classified mainly according to material (-19.7%) and agricultural products, food & beverages (-5.5%), of which inedible raw materials, except fuels (-40.5%). On the other hand, imports grew for fuels and extractive industries (+28.1%), mostly coke and refined petroleum products (+38.8%). The most important import partners were China (24.3% of total acquisitions), the US (21.6%), Brazil (7.8%) and Mexico (5.9%). In the period January-December 2022, Colombian imports rose 26.7% over a year to USD 77.41 billion.
2023-02-14
Colombia Imports Drop for First Time since Early 2021
Imports to Colombia sank by 7.7% over a year to a nine-month low of USD 6 billion in November of 2022, the first monthly decline since early 2021, amid reduced purchases of manufactured products (-12%), namely chemicals & chemical products (-24%). On the other hand, imports increased for fuels and extraction industries (+9.2%), mostly coke and refined petroleum products (11.2%); and agricultural products, food & beverages (+4.2%), of which food & live animals (8.3%). The most important import partners were China (23.8% of total acquisitions), the US (23.4%), Brazil (8.7%) and Mexico (5.6%).
2023-01-19


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