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.

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Colombia Exports

Actual Previous Highest Lowest Dates Unit Frequency
2.59 3.03 5.71 0.02 1958 - 2021 USD Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-12-01 03:00 PM Oct -21% -17.5% -15%
2020-12-31 03:00 PM Nov -14.1% -21%
2021-02-04 03:00 PM Dec -9% -14.1% -16%
2021-03-04 03:00 PM Jan -24.1% -9% -4.5%


News Stream
Colombian Exports Fall at Steepest Pace in 7 Months
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).
2021-03-04
Colombia Exports Slump for 10th Month
Exports from Colombia fell 9 percent over a year earlier to USD 3.03 billion in December of 2020, following a 14.1 percent slump in the previous month. It was the tenth straight month of decline in overseas sales, amid lower sales of fuels & mining products (-36.1 percent). Conversely, shipments increased for agricultural goods, food & beverages (32.9 percent), mostly coffee (31 percent) and bananas (102.9 percent), and manufactured products (7 percent), namely chemicals (21 percent). In December, Colombia sold 13.7 million barrels of crude oil, a 25.8 percent plunge compared to December of 2019. The most important export partners were the US (29.2 percent of total sales), China (9.5 percent), Brazil (5.2 percent) and Ecuador (4.8 percent).
2021-02-04
Colombia Exports Continue to Fall in November
Exports from Colombia fell 14.1 percent over a year earlier to USD 2.53 billion in November of 2020, following a 21 percent slump in the previous month, dragged down by lower sales of fuels & mining products (-42 percent). In contrast, shipments increased for agricultural goods, food & beverages (16.5 percent), mostly coffee (16.6 percent) and manufactured goods (3.8 percent). In November, Colombia sold 15.4 million barrels of crude oil, a 13.2 percent plunge compared to November of 2019. The most important export partners were the US (28.7 percent of total sales), China (7.9 percent), Ecuador (6.6 percent) and Panama (5.6 percent).
2020-12-31
Colombia Exports Fall for 8th Month
Exports from Colombia plunged 21 percent over a year earlier to USD 2.63 billion in October of 2020, following a 17.5 percent fall in the prior month, amid the pandemic crisis. Sales went down for fuels & mining products (-42.7 percent), in particular oil & oil products (-42.3 percent); and manufactured goods (-22.3 percent). In contrast, shipments rose for agricultural goods, food & beverages (2.8 percent). In October, Colombia sold 16.2 million barrels of crde oil, a 1.1 percent decline compared to October of 2019. The most important export partners were the US (27.6 percent of total sales), China (13.4 percent), Ecuador and Panama (both 4.5 percent).
2020-12-01

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
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