Exports from Colombia slumped 24.1 percent over a year earlier to USD 2.59 billion in January of 2021, following a 9 percent drop in the previous month. It was the steepest fall in overseas sales since June, dragged by fuels & mining products (-42.2 percent); agricultural goods, food & beverages (-2.5 percent), mainly vegetables & fruits (-25.8 percent); and manufacturing goods (-0.7 percent), namely iron & steel (-31 percent). In January, Colombia sold 15.8 million barrels of crude oil, 13.7 percent less compared to the same month of last year. The most important export partners were the US (27.2 percent of total sales), Panama (9.9 percent), India (7.9 percent) and China (6.0 percent). source: Dane, Colombia
Exports in Colombia averaged 1.13 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 March of 2021.
Exports 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 Exports in Colombia to stand at 4.70 in 12 months time. In the long-term, the Colombia Exports is projected to trend around 3.80 USD Billion in 2022, according to our econometric models.