Exports from Colombia surged 15.8 percent year-on-year to USD 3.79 billion in October of 2018, up from a 3.8 percent increase in the prior month. Sales advanced faster for fuels & mining products (27.0 percent vs 12.3 percent in September), namely petroleum & petroleum products (26.5 percent) and manufactured products (4.7 percent vs 1.5 percent), mostly manufactured goods classified chiefly (11.7 percent). In contrast, shipments fell for agricultural goods, food and beverages (-0.6 percent), dragged down by lower exports of coffee (-11.2 percent). Main export partners were: the US (21.7 percent of total exports), China (17.0 percent), Panama (5.5 percent) and Turkey (5.1 percent). In October, Colombia sold 17.2 million barrels of oil, a 13.1 percent decrease compared to the same month of 2017. Considering the January to October period, exports grew 14.0 percent over a year ago Exports in Colombia averaged 1.07 USD Billion from 1958 until 2018, 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.

Exports in Colombia is expected to be 4.00 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 3.70 in 12 months time. In the long-term, the Colombia Exports is projected to trend around 5.00 USD Billion in 2020, according to our econometric models.

Colombia Exports
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-03 03:00 PM Exports YoY 16.2% 15.9% 7%
2018-10-05 03:00 PM Exports YoY 13.1% 16.2% 15%
2018-11-01 03:00 PM Exports YoY 3.8% 13.1% 12%
2018-12-03 03:00 PM Exports YoY 15.8% 3.8% 6.0%
2019-01-03 03:00 PM Exports YoY 15.8%
2019-02-05 03:00 PM Exports YoY
2019-03-01 03:00 PM Exports YoY


Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.50 -0.90 0.81 -1.97 USD Billion [+]
Current Account -3109.00 -3215.00 364.00 -6456.00 USD Million [+]
Current Account to GDP -3.30 -4.30 4.10 -6.40 percent [+]
Imports 4.05 4.58 6.08 0.28 USD Billion [+]
Exports 3.79 3.50 5.71 0.02 USD Billion [+]
External Debt 127758.82 126191.69 127758.82 36431.04 USD Million [+]
Foreign Direct Investment 2528.06 3661.60 6776.22 197.17 USD Million [+]
Capital Flows -3365.84 -3032.46 359.83 -6195.12 USD Million [+]
Remittances 529.10 576.30 944.50 162.44 USD Million [+]
Gold Reserves 12.80 12.80 12.80 3.49 Tonnes [+]
Crude Oil Production 852.00 860.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 137.79 145.29 165.96 73.87 Index Points [+]
Terrorism Index 5.60 5.95 7.16 5.58 [+]

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



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. This page provides - Colombia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Exports - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.79 3.50 5.71 0.02 1958 - 2018 USD Billion Monthly




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