Exports from Colombia declined 9.9 percent year-on-year to USD 3.27 billion in July 2019, after dropping 8.7 percent in the previous month. Sales of fuels & mining products went down 19.1 percent, following a 5.2 percent fall in June, mainly due to coal, coke & briquettes (-36.7 percent). On the other hand, sales of manufactured goods rose 5.6 percent, rebounding from a 13.1 percent decrease in the prior month, of which machinery & transport equipment (53.4 percent). Additionally, exports of agricultural goods, food and beverages increased 3.2 percent, recovering from a 11.3 percent decline, mostly due to unroasted coffee (24.2 percent) and sales of other sectors went up 4.8 percent, after dropping 23.6 percent. In July, Colombia sold 16.9 million barrels of crude oil, an 11.1 percent rise compared to July 2018. Main export partners were: the US (25.2 percent of total exports), China (16.6 percent), Ecuador (5.3 percent), Panama (4.3 percent) and Brazil (4.2 percent). Exports in Colombia averaged 1.10 USD Billion from 1958 until 2019, 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 3.70 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 4.70 USD Billion in 2020, according to our econometric models.

Colombia Exports
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-04 03:00 PM Exports YoY Apr 2.2% -0.8% 1%
2019-07-03 03:00 PM Exports YoY May 1.2% 2.2% 1%
2019-08-02 03:00 PM Exports YoY Jun -8.7% 1.2% 2%
2019-09-03 03:00 PM Exports YoY Jul -9.9% -8.7% 2.5%
2019-10-01 03:00 PM Exports YoY Aug -9.9% 3%
2019-11-01 03:00 PM Exports YoY Sep 5%
2019-12-03 03:00 PM Exports YoY Oct


Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -1.30 -0.90 0.81 -1.97 USD Billion [+]
Current Account -3239.00 -3587.00 364.00 -6452.00 USD Million [+]
Current Account to GDP -3.80 -3.30 4.10 -6.40 percent [+]
Imports 4.57 3.98 6.08 0.28 USD Billion [+]
Exports 3.27 3.04 5.71 0.02 USD Billion [+]
External Debt 134971.78 133988.43 135050.13 36431.04 USD Million [+]
Foreign Direct Investment 3855.17 3417.33 6776.22 197.17 USD Million [+]
Capital Flows -3608.57 -3285.28 359.83 -6193.64 USD Million [+]
Remittances 581.70 496.30 944.50 162.44 USD Million [+]
Gold Reserves 18.92 18.90 18.92 3.49 Tonnes [+]
Crude Oil Production 895.00 891.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 131.11 134.22 165.96 73.87 Index Points [+]
Terrorism Index 5.61 5.60 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.27 3.04 5.71 0.02 1958 - 2019 USD Billion Monthly




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