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).

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 August of 2020. source: Dane, Colombia

Exports in Colombia is expected to be 2.90 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 3.60 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.

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.

Please Paste this Code in your Website
width
height
Colombia Exports

Actual Previous Highest Lowest Dates Unit Frequency
2.28 2.24 5.71 0.02 1958 - 2020 USD Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-30 03:00 PM Mar -28.5% -5.2% -10%
2020-06-01 03:00 PM Apr -52.3% -28.5% -32%
2020-07-03 03:00 PM May -40.3% -52.3% -40%
2020-07-31 03:00 PM Jun -26.4% -40.3% -28%


News Stream
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 Drop to Over 13-Year Low in April
Exports from Colombia slumped 52.3 percent year-on-year to an over 13-year low of USD 1.84 billion in April 2020, after dropping 28.5 percent in the previous month, amid the coronavirus crisis. Sales of fuels & mining products plunged 70.1 percent, in particular oil & oil products (-78.6 percent). In addition, sales of manufacturing goods declined 42.6 percent, namely manufactured items, classified primarily by material (-47.7 percent); and those of agricultural goods, food & beverages fell 1.5 percent, of which bananas (-40.1 percent) and coffee (-17 percent). In April, Colombia sold 16.6 million barrels of crude oil, a 19.7 percent decline compared to April 2019. Main important export partners were: the US (25 percent of total sales), Brazil (6.4 percent), Mexico (6.1 percent), China (4.7 percent) and Panama (4.2 percent).
2020-06-01
Colombia Exports Fall 28.5% to an Over 3-Year Low in March
Exports from Colombia plunged 28.5 percent year-on-year to an over three-year low of USD 2.39 billion in March 2020, following a 5.2 percent decline in the previous month. Sales of fuels & mining products slumped 52 percent, mostly due to oil & oil products (-60 percent). On the other hand, sales of manufacturing goods rose 1.3 percent, namely chemical products (9.3 percent); and those of agricultural goods, food & beverages increased 2.1 percent, driven by live cattle (618.9%). In March, Colombia sold 17.7 million barrels of crude oil, a 10 percent decline compared to March 2019. The most important export partners were: the US (26.7 percent of total sales), Panama (5.8 percent), China (5.8 percent), Ecuador (4.6 percent) and Brazil (3.8 percent). Considering the first quarter of the year, exports from Colombia fell 8.7 percent over a year earlier to USD 8.76 billion.
2020-04-30

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
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category