Colombia Imports

Imports to Colombia increased 7.3 percent year-on-year to USD 4.91 billion in August 2019, following a 5 percent gain in July, driven by higher purchases of fuels & mining products (63.3 percent), of which crude oil (100.7 percent); agricultural products, food & beverages (16.6 percent), in particular food & live animals (28.1 percent); and other sectors (0.1 percent). On the other hand, purchases of manufactured goods dropped 0.1 percent, mostly due to manufactured products classified chiefly by material (-11.9 percent). Imports in Colombia averaged 1.85 USD Billion from 1980 until 2019, reaching an all time high of 6.08 USD Billion in July of 2014 and a record low of 0.28 USD Billion in February of 1986.

Imports in Colombia is expected to be 4.20 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Colombia to stand at 4.60 in 12 months time. In the long-term, the Colombia Imports is projected to trend around 4.50 USD Billion in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-07-19	03:00 PM	Imports YoY May	6.1%	6.8%	6%
2019-08-14	03:00 PM	Imports YoY Jun	-5.7%	6.1%	4%
2019-09-18	03:00 PM	Imports YoY Jul	5%	-5.7%	-7%
2019-10-18	03:00 PM	Imports YoY Aug	7.3%	5%	2.6%
2019-11-14	03:00 PM	Imports YoY Sep			3.8%
2019-12-18	03:00 PM	Imports YoY Oct

Colombia Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-1.65	-1.30	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	4.91	4.57	6.08	0.28	USD Billion	[+]
Exports	3.26	3.27	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	892.00	895.00	1035.00	356.00	BBL/D/1K	[+]
Terms Of Trade	133.95	131.11	165.96	73.87	Index Points	[+]
Terrorism Index	5.61	5.60	7.16	5.58		[+]

United Nations Comtrade Database

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

Colombia main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals and related products (17 percent); fuel, mineral lubricants and related products (10 percent) and food and livestock (8 percent). Main import partners are: United States (24 percent of total imports), China (16 percent), Mexico (11 percent) and Brazil (5 percent). Others include: Germany, Argentina, Japan, France, South Korea and Canada. This page provides the latest reported value for - Colombia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Imports - actual data, historical chart and calendar of releases - was last updated on October of 2019.